��Vinod R.Tanti�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.
SUZLON · price
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On the reaction day the stock moved 0.4 pts less than Nifty Midcap 150 and 0.4 pts less than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Suzlon Energy's Promoter Group, through authorised signatory Vinod R. Tanti, has filed a mandatory annual disclosure under SEBI's Takeover Regulations. The filing confirms that no member of the Promoter Group created any encumbrance (pledge, lien, or charge) on their shares during the financial year 2024-25. Importantly, it also confirms that as of 31st March 2025, the Promoter and Promoter Group hold their shares completely free of any pledge or encumbrance, whether in dematerialised or physical form.
This is a positive signal for shareholders — a completely unencumbered promoter holding eliminates near-term risk of forced share sales due to margin calls or pledge defaults, and reflects strong financial standing of the promoter group.