Dhruv Manmohan Sawhney 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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Dhruv Manmohan Sawhney, a promoter of Triveni Turbine Limited, has filed an annual declaration with the stock exchanges confirming that the promoters and promoter group (12 entities listed, including himself, Rati Sawhney, Nikhil Sawhney, Tarun Sawhney, and Triveni Engineering & Industries Limited) have not created any encumbrance (pledge, lien, or charge) on their equity shares in the company during the financial year ended March 31, 2025. This is a routine compliance filing required annually under SEBI takeover regulations. The disclosure covers all promoter group members acting in concert.
This is a neutral, routine compliance filing with no transaction involved. It reassures shareholders that promoters have not pledged any of their shares, which is a positive sign indicating no immediate financial stress on the promoter group.