Latha Kumar 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.
TVSSCS · price
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Awaiting price reaction for this filing.
Ms. Latha Kumar, a member of the promoter group of TVS Supply Chain Solutions Limited, has submitted an annual declaration to NSE, BSE, and the company's Audit Committee. Under Regulation 31(4) of SEBI's Takeover Regulations, promoters are required to disclose annually whether they have created any encumbrance (such as a pledge or mortgage) on their shares. She has declared that neither she nor any persons acting in concert with her have created any encumbrance, directly or indirectly, on the shares held by her in the company during the financial year ended 31st March, 2025. This is a routine yearly compliance filing by promoters.
This is a neutral, routine compliance disclosure with a mildly positive read for shareholders — the promoter's shares in the company remain fully unencumbered, meaning none have been pledged for loans or other obligations, which reduces any risk of forced selling due to margin calls.