Quest Capital Markets 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.
Quest Capital Markets Limited, part of the promoter group of Spencer's Retail, has submitted its annual disclosure under SEBI's Takeover Regulations for FY ended 31st March 2025. The company confirmed it held 17,41,508 shares of Spencer's Retail as on 31st March 2025. It further declared that no encumbrance (pledge or any form of charge) was created on these shares, directly or indirectly, during the financial year. This is a routine yearly filing required from promoter group entities to maintain transparency on share pledges.
This is a neutral-to-mildly positive disclosure for shareholders, as the absence of any pledge or encumbrance on promoter group shares indicates no immediate margin or financial stress. It should not have a meaningful impact on the stock price.