Servotech Renewable Power System 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.
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Servotech Renewable Power System has filed a mandatory annual disclosure under SEBI's Takeover Regulations showing that 52,39,981 shares held by the promoter and promoter group are pledged as on FY ending 31st March 2025. This includes 50,85,500 shares of Mr. Raman Bhatia, 84,081 shares of Raman Bhatia HUF, and 70,400 shares of Mr. Rishabh Bhatia. The pledged shares represent roughly 4% of the total promoter group holding of 13,19,69,070 shares. The disclosure was made by Ms. Sarika Bhatia on behalf of the promoter and promoter group.
The pledged portion is small relative to total promoter holdings, so this is largely a routine compliance filing with limited direct impact on the stock. Investors should monitor if pledged shares increase materially or if any invocation occurs in the future, as that could signal financial stress for the promoter group.