Titagarh Capital Management Services Private 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.
TITAGARH · price
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Titagarh Capital Management Services, a promoter of Titagarh Rail Systems, has filed its annual disclosure confirming that no new encumbrance (pledge, lien, etc.) was created on the promoter group's shareholding during the financial year ended 31st March 2025. The only continuing encumbrance is from FY 2023-24, where 32,000 shares held by promoter group member Vinita Bajoria remain pledged. The filing also includes Annexure-1 listing the shareholdings of all promoter and promoter group members, with major holders being Titagarh Capital Management Services (2.40 crore shares), Chowdhary Foundation Trust (1.82 crore shares), and Rashmi Chowdhary (1.01 crore shares).
This is a routine annual compliance filing with no material action taken during the year. Shareholders can take comfort that no new pledging activity has occurred, and the single pre-existing pledge is a small 32,000-share position that has not been invoked or released. Minimal impact expected on stock price.