Ankush Nijhawan 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.
TBOTEK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ankush Nijhawan, a promoter of TBO Tek Limited, has filed an annual declaration with the exchange as required under Regulation 31(4) of the SEBI Takeover Code. In the filing, he confirms that neither he nor any member of the promoter group or persons acting in concert have encumbered (i.e., pledged or otherwise charged) any shares of the company, directly or indirectly, during the financial year 2024-25. The submission is a routine annual compliance requirement for promoters of listed companies and has been shared with the company's Audit Committee.
This is a neutral, compliance-driven disclosure. It reassures shareholders that no promoter shares have been pledged or encumbered over the past year, which removes a common source of concern for retail investors but is unlikely to move the stock price on its own.