Harsha Viji 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.
SUNDARMFIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Harsha Viji, a member of the promoter group of Sundaram Finance Holdings Limited, has filed a Regulation 31(4) declaration confirming that promoters and promoter group entities have not created any encumbrance (pledge, lien, or charge) on their shares in Sundaram Finance Limited during FY 2024-25 or earlier. The filing includes a detailed shareholding table listing 98 promoter group members and entities as of March 31, 2025. Total promoter group shareholding stands at 12.21 crore shares, equating to 54.97% of the company. The single largest promoter entity is Sundaram Finance Limited's own holding of 4.42 crore shares (19.90%), with individual family members and family-owned private limited companies making up the rest. This is a routine annual compliance filing required by SEBI takeover regulations.
This is a positive, confidence-boosting disclosure for shareholders, confirming that no promoter shares are pledged or encumbered, which eliminates risks of forced selling. The filing is procedural and is unlikely to move the stock price since it merely confirms the existing clean status of promoter holdings.