Avantika Gupta 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.
TECHNOE · price
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Awaiting price reaction for this filing.
Avantika Gupta, a shareholder in Techno Electric & Engineering Company Limited, has filed an annual declaration under Regulation 31(4) of SEBI's Takeover Regulations. She confirms holding 72,000 shares in the company as of March 31, 2025. Importantly, she states that she has not created any encumbrance (pledge or lien) on these shares, directly or indirectly, during the financial year ended March 31, 2025. This is a routine compliance filing required from shareholders holding a significant stake, and the content is neutral — neither a buy nor a sell transaction has taken place.
This is a routine annual compliance disclosure and is unlikely to have any material impact on the stock price or shareholders. It simply confirms that no pledging activity has occurred on the 72,000 shares held by Avantika Gupta, signalling that there is no immediate risk of forced selling from this holding.