Valerian Real Estate Private Limited 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.
Awaiting price reaction for this filing.
Valerian Real Estate Private Limited, part of the promoter group of Dhani Services Limited, has submitted an annual declaration under SEBI's Takeover Regulations for FY 2024-25. The promoter group, along with Persons Acting in Concert (PAC), confirms that no encumbrance (pledge, charge, or lien) was created on shares of Dhani Services during the financial year. As on March 31, 2025, the promoter group holds 17,81,21,201 equity shares (29.13% of paid-up capital and 19.92% of total voting rights), and this entire holding is free of any encumbrance. The declaration has also been simultaneously submitted to the Audit Committee of the company as required.
This is a positive disclosure for shareholders, confirming that the promoter group's entire stake is unpledged and free of any charges, reducing concerns about any forced selling risk. Promoter holding remains below 50% at 29.13%, keeping the company outside the minimum public shareholding compliance threshold scrutiny that applies to non-promoter majority companies.