Pragya Commerce Private Limited 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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Pragya Commerce Private Limited, a shareholder of Techno Electric & Engineering Company Limited, has submitted a disclosure confirming it held 1,435,506 shares as of March 31, 2026. The entity has explicitly declared that it has not created any encumbrance (pledge) on these shares, either directly or indirectly, during the financial year ended March 31, 2026. This filing is a routine compliance requirement under SEBI regulations for entities holding above-threshold positions in listed companies. The disclosure serves as a confirmation of shareholding status and absence of pledge activity for the reporting period.
The absence of any encumbrance declaration is a positive signal regarding the promoter group's financial position, as it indicates no shares were pledged to raise funds during the year. This provides some comfort to investors concerned about promoter-level debt obligations affecting share availability.