The Exchange has received revised Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on July 11, 2025 for Parthasarathi Bhattacharya
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Tierra Agrotech has filed a revised disclosure under SEBI's SAST Regulations regarding the release of pledged shares by promoters. The original disclosure made on June 16, 2025 contained a typographical error — it stated 40,00,000 shares were released instead of the correct 4,00,000. As per the corrected filing, three promoter group members released pledged shares on June 11, 2025: Parthasarathi Bhattacharya released 4,00,000 shares (0.61% of capital), Satish Kumar Tondapu released 7,19,590 shares (1.19%), and Sailaja M (PAC) released 9,47,661 shares (1.44%). All releases were in favor of HDFC Bank Limited as collateral security. After these releases, the encumbered share count for all three promoters is zero.
Positive for shareholders — the correction reduces the actual pledged shares released by 10x from what was first reported, and the release frees up promoter shares from encumbrance, lowering the risk of forced selling and improving the perception of promoter financial health.