Sundaram Finance 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.
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Sundaram Finance Limited, the promoter of TSF Investments Limited, has submitted a confirmation to the National Stock Exchange that no encumbrances (pledges) have been created on the shares held by the promoter in TSF Investments Limited during the financial year 2025-26 or earlier. This is a regulatory disclosure under SEBI's substantial acquisition rules requiring promoters to confirm the status of share pledges.
This is a positive confirmation for investors as it indicates that the promoter's entire stake in TSF Investments Limited is free from any pledge or encumbrance, meaning no risk of forced share sales due to loan defaults.