Hitoshi Matsuo 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.
TDPOWERSYS · price
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Awaiting price reaction for this filing.
Hitoshi Matsuo, on behalf of the promoter and promoter group (PAC), has filed the annual encumbrance disclosure with BSE and NSE for TD Power Systems Limited as of March 31, 2025. The promoters collectively hold 5,18,78,661 equity shares (33.22% of the company), with the largest holders being M/s Saphire Finman Services LLP (15.34%), Nikhil Kumar (11.18%), and Hitoshi Matsuo (6.43%). The key declaration is that none of these promoter shares have been encumbered (pledged or locked) directly or indirectly during the financial year 2024-25. This is a routine annual compliance filing under SEBI takeover regulations.
This is a neutral, routine compliance filing. The fact that no promoter shares were encumbered during the year is mildly reassuring for shareholders, as it removes near-term risk of forced selling due to margin calls or pledge invocation. Total promoter holding remains stable at 33.22%, below the 50% threshold.