Kedaara Capital Fund III LLP 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.
SPANDANA · price
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Awaiting price reaction for this filing.
Kedaara Capital Fund III LLP, a major shareholder in Spandana Sphoorty Financial Limited, has submitted a regulatory disclosure to the exchanges confirming that it and its person(s) acting in concert have not created any new encumbrance (such as pledges or liens) on the company's shares during the financial year ended March 31, 2025, other than what was already disclosed earlier. This filing is a routine compliance requirement under SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011, applicable to shareholders with significant holdings. The disclosure was signed by Rishiraj Khajanchi, an authorised signatory of Kedaara Capital, and addressed to both BSE and NSE along with Spandana's Audit Committee.
This is a neutral-to-positive compliance filing — it reassures retail investors that there are no new undisclosed pledges or encumbrances on the promoter/investor shareholding, suggesting stability in the ownership structure. It is unlikely to move the stock price materially as it does not involve any change in stake or new corporate action.