The Exchange has received revised Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on July 28, 2025 for Praturi Maruti Ram
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TeleCanor Global Ltd's promoter, Praturi Maruti Ram, has disclosed creation of a new pledge on 4,00,000 equity shares (3.51% of total share capital) on July 24, 2025. The promoter currently holds 11,02,348 shares (9.68%) in the company, of which 7,00,000 shares (6.15%) were already encumbered before this event. After the new pledge, the total encumbered shares stand at 11,00,000 (9.66%). The pledge was created in favour of Rajulkumar Devidas Shah as security for obtaining an unsecured loan.
This is a routine pledge creation by a promoter to secure personal borrowing, not a change in ownership. With only about 9.66% of shares encumbered post-event, the pledge level remains comfortable and unlikely to be a material concern for shareholders.