The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on July 24, 2025 for Praturi Maruti Ram
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Praturi Maruti Ram, the Promoter and Managing Director of Telecanor Global Limited, has created a pledge (encumbrance) on 4,00,000 equity shares of the company on July 24, 2025. The pledge was created in favour of Rajulkumar Devidas Shah to raise an unsecured loan, with no trustee appointed. After this pledge, the promoter's total encumbered shares stand at 11,00,000 out of his total holding of 11,02,348 shares — meaning nearly 99.77% of his entire stake is now pledged. The encumbered shares represent 9.66% of the company's total share capital.
This is a significant red flag for retail investors. The promoter has pledged almost his entire shareholding to raise an unsecured loan, which increases the risk of a forced sale if the loan is not repaid. Such high pledge levels often signal financial stress and can weigh negatively on the stock.