TITAGARH RAIL SYSTEMS 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 Capital Management Services Private Limited, a promoter entity, has submitted its annual disclosure confirming that no new encumbrances were created on promoter shareholdings during FY ended 31 March 2026. However, an existing encumbrance on 32,000 shares held by Vinita Bajoria (promoter group) continues to subsist. The total promoter and promoter group shareholding stands at 40.46% (54,486,861 shares), with Titagarh Capital Management Services being the largest promoter holder at 17.87% and Chowdhary Foundation Trust at 13.52%.