Surajkumar Saraogi 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.
TEAMGTY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Surajkumar Saraogi, promoter of Team India Guaranty Limited (formerly Times Guaranty Limited), has submitted a yearly disclosure to the stock exchanges as required under SEBI Takeover Regulations. He confirmed holding 13,41,000 equity shares of the company as of 31 March 2025. Importantly, he declared that he has not created any encumbrance (pledge, lien, or charge) on these shares, directly or indirectly, during the financial year ended 31 March 2025. This is a routine annual compliance filing confirming no pledging activity by the promoter.
This is a neutral disclosure for shareholders — the promoter has not pledged or encumbered any shares, which removes concerns of any forced sale risk from his holdings. No material impact on stock price is expected as the holding remains unchanged with no encumbrance.