R Haresh, Managing Trustee, Sundaram Trust 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
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Awaiting price reaction for this filing.
Sundaram Trust, a promoter of TVS Srichakra Limited, has filed an annual declaration with the stock exchanges for the financial year ended 31st March 2025. The declaration, signed by R Haresh (Managing Trustee), confirms under Regulation 31(4) of the SEBI Takeover Regulations that no new encumbrance (such as pledge or lien) has been created on the shares of TVS Srichakra Limited during the year, apart from those already disclosed earlier. This is a routine annual compliance filing required from promoters of listed companies.
This is a routine regulatory filing with no material change — shareholders can take comfort that the promoter has not pledged or encumbered any additional shares during the year, which is a neutral-to-slightly-positive signal for the stock.