Sasken Technologies Limited�has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
SASKEN · price
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Awaiting price reaction for this filing.
Rajiv C. Mody, on behalf of the promoter and promoter group of Sasken Technologies, has filed the annual declaration under SEBI's Takeover Regulations for the financial year ended March 31, 2025. The declaration states that no encumbrance (such as pledge or lien) was created directly or indirectly by the promoters, promoter group, or persons acting in concert during the year. This is a routine annual compliance filing required from promoters every financial year-end.
This is a neutral compliance filing. It reassures shareholders that promoters did not pledge any of their shares as collateral during the year, which is mildly positive as it removes concerns over any potential forced selling pressure from pledged shares.