Amar Sarin 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.
TARC · price
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Awaiting price reaction for this filing.
Amar Sarin, Managing Director & CEO and promoter of TARC Limited, along with persons acting in concert, has filed a declaration under Regulation 31(4) & 31(5) of the SEBI Takeover Regulations confirming that no encumbrance (pledge) was created on shares held in TARC Limited during the financial year ended March 31, 2025. The annexure shows the promoter and promoter group collectively hold around 19.22 crore shares, with Anil Sarin holding 9.88 crore shares and Amar Sarin holding 9.27 crore shares being the largest holders. Encumbered shares across all promoter group members stand at zero, indicating no pledging activity during the year.
This is a routine annual compliance filing with no material action. The nil encumbrance status is mildly reassuring for shareholders, as it means no promoter shares are currently pledged, eliminating near-term risks of forced selling or margin calls from the promoter group.