R Haresh 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.
TVSSRICHAK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
R Haresh, a promoter of TVS Srichakra Limited, has submitted a mandatory annual declaration to NSE and BSE under Regulation 31(4) of the SEBI Takeover Regulations, 2011. The declaration confirms that no new encumbrance (pledge, lien, or charge) has been created on the shares of TVS Srichakra Limited during the financial year ended 31st March 2025, other than what has already been disclosed to the stock exchanges. This is a routine compliance filing required from promoters every year to ensure transparency on shares that may be pledged or otherwise encumbered. The filing was made on 4th April 2025 from Madurai.
This is a routine compliance disclosure with no material impact on the stock. It is mildly reassuring for investors as it confirms the promoter has not quietly pledged additional shares during the year, meaning existing encumbrance levels remain unchanged.