Announced Wed, 8 Apr · 15:31 IST

Varanasi Commercial 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.

Ownership Changes View source PDF

TECHNOE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+3.3%1-day move
₹1082.00
prior close
₹1086.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.8-0.1-0.1-1.9+3.3+3.0+11.1+11.4+14.1+15.6+20.5+14.9-7.2-3.0
Up moveDown movePending
AI summary

Varanasi Commercial Limited has submitted a disclosure under SEBI SAST Regulations confirming it held 24,604,800 shares of Techno Electric & Engineering Company Limited as of March 31, 2026. The filing explicitly states that no encumbrance (pledge) of shares was created during the financial year ended March 31, 2026. Varanasi Commercial appears to be a significant shareholder of Techno Electric, with the disclosure signed by Director Sanjay Kumar Bhuwalka.

Likely market impact

This is a positive confirmation that a major shareholder holds shares without any pledge or encumbrance, reducing risk of forced selling. Without total share capital data, the exact stake percentage cannot be determined, but the holding appears substantial.