Adarsh Hegde 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.
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Adarsh Hegde, a promoter of Transindia Real Estate Limited, has filed a mandatory annual disclosure under SEBI's Takeover Regulations. Along with persons acting in concert (Priya Hegde, Leelavati Hegde, Nishika Hegde, and Lasya Hegde), he confirms that none of them have pledged, created any lien, or encumbered their shares in the company during the financial year ended March 31, 2025. This is a routine compliance filing required from promoters to certify the status of their shareholdings.
This is a neutral, routine compliance filing with no negative implications for shareholders. The fact that promoters have not pledged their shares suggests no immediate liquidity stress at the promoter level.