New Eros Tradecom 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.
TEXINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
New Eros Tradecom Limited, along with persons acting in concert, has submitted a negative declaration to NSE and BSE regarding share encumbrances. The disclosure confirms that no new encumbrances (pledges or charges) were created on the shares of Texmaco Infrastructure & Holdings Limited during the financial year ended 31st March, 2026, beyond what was already disclosed to the exchanges. This filing is a routine regulatory requirement under SEBI takeover regulations, specifically for entities holding a certain level of shareholding in the target company. The declaration was signed by Bihari Lal Kanoongo, Director of New Eros Tradecom Limited.
This declaration provides transparency that no undisclosed pledges or encumbrances have been created by this significant shareholder, which is a positive signal for shareholders as it rules out hidden risk of share forfeiture or forced selling.