Rajiv Mittal 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.
WABAG · price
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Rajiv Mittal, a promoter of VA Tech Wabag Limited, has submitted a disclosure to the stock exchanges confirming compliance with SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations, 2011. He has declared that he, along with persons acting in concert, has not created any encumbrance (such as a pledge or lien) on the company's shares, directly or indirectly, during the financial year 2024-25. This is a routine annual compliance filing required from promoters to assure the market that their shareholdings have not been pledged or used as collateral without disclosure.
This is a routine regulatory disclosure with no material impact on shareholders or the stock price. It simply reassures the market that the promoter has not pledged or encumbered his shares during the year.