T T Jagannathan 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.
TTKPRESTIG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
T T Jagannathan, a promoter of TTK Prestige Limited, has filed his yearly declaration under Regulation 31(4) of SEBI's Takeover Regulations with the stock exchanges. In the declaration, he confirms that he did not create any encumbrance (such as pledge or charge) on his holding of 42,41,868 equity shares during financial year 2024-25. This is a routine annual compliance filing required from persons holding more than 25% stake or with encumbrances on their shares. The filing essentially confirms that no new pledges or charges were placed on the promoter's shares during the year.
This is a routine compliance filing with no material impact on the stock. Shareholders can take comfort that the promoter did not pledge any of his 42.4 lakh shares during FY2024-25, indicating no immediate funding stress or liquidity concerns requiring share-backed borrowing.