Rainbow 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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Rainbow Investments Limited, a promoter entity of Spencer's Retail, has filed a disclosure under SEBI Regulation 31(4) declaring that it held 3,96,04,042 shares of Spencer's Retail as on 31st March 2025. The filing confirms that no encumbrance (pledge, charge, or lien) was created on these promoter-held shares, directly or indirectly, during the financial year ended 31st March 2025. This is a mandatory annual declaration required from promoters who hold more than 20% of a company's shares.
This is a neutral-to-slightly positive disclosure for shareholders, confirming that the promoter entity has not pledged or locked up any of its shares during the year, which signals financial stability at the promoter level and no immediate risk of forced selling due to margin calls.