Integrated Coal Mining Ltd 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.
Integrated Coal Mining Limited (ICML), part of the RP-Sanjiv Goenka Group, has filed its annual declaration under SEBI Takeover Regulations confirming that it held 24,56,247 equity shares (roughly 2.9% stake) of Spencer's Retail Limited as of March 31, 2025. Importantly, the company declared that it did not create any encumbrance — directly or indirectly — on these shares during the entire financial year ended March 31, 2025. This is a routine yearly compliance filing required from promoter group entities that hold over 2% stake.
This is a non-event compliance filing. Shareholders can take comfort that the promoter group's stake remains unencumbered, meaning no shares have been pledged or locked in as collateral. No immediate impact on stock price is expected.