Kusum Industrial Gases Ltd. 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.
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Kusum Industrial Gases Ltd, a promoter-group entity of Techno Electric & Engineering Company Limited, has filed a disclosure under SEBI Regulation 31(4) confirming it held 1,45,91,000 shares of Techno Electric as on March 31, 2025. The disclosure states that Kusum Industrial Gases did not create any encumbrance (pledge, charge or lien) on these shares, directly or indirectly, during the financial year ended March 31, 2025. This is a routine annual declaration required from entities holding more than 25% of a company's shares, confirming their holdings remained unencumbered.
This is a routine compliance filing and is neutral for shareholders. It reassures investors that a major promoter-group holder has not pledged its Techno Electric shares during the year, indicating no immediate financial stress or margin pressure at the promoter level.