T T Lakshman 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.
T T Lakshman, a shareholder of TTK Prestige Limited, has submitted a declaration to the exchanges confirming that he held 40,11,505 equity shares (face value Rs.1 each) during financial year 2025-26. The key disclosure is that there was NO encumbrance (pledge, mortgage, or similar charge) on these shares, either directly or indirectly, during the specified period. This is a negative declaration filed under SEBI's takeover regulations, which require disclosure of share encumbrances by certain shareholders.
This is a positive disclosure for the company as it confirms the promoter's shares are free from any pledge or encumbrance, indicating no immediate risk of forced selling or ownership transfer due to loan defaults.