Castor Investments 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.
SPENCERS · price
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Awaiting price reaction for this filing.
Castor Investments Limited, part of the promoter group of Spencer's Retail, has filed a yearly disclosure with the stock exchanges as required under SEBI's Takeover Regulations. The company confirmed it held 23,90,661 shares of Spencer's Retail as on 31st March 2025. Importantly, it declared that no encumbrance (pledge or charge) was created on these shares, directly or indirectly, during the financial year ended 31st March 2025. This is a routine annual compliance filing mandated for persons holding more than 1% of shares in a listed company.
No material impact on the stock or shareholders. The confirmation of no encumbrance is a mildly reassuring signal, indicating the promoter entity has not pledged its holdings during the year.