Xpro India 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.
XPROINDIA · price
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Intellipro Finance Private Limited, on behalf of the promoters and persons acting in concert (PAC) of Xpro India Limited, has submitted an annual declaration under SEBI Takeover Regulations. The disclosure covers the financial year ended March 31, 2025. The promoters have confirmed that they did not create any encumbrance (such as pledge, lien, or charge) on the equity shares held by them in Xpro India during the year. The PAC list includes 12 entities, including the Birla family members, promoter group companies, and group investment entities.
This is a routine annual negative declaration — no new pledge or encumbrance has been created on promoter-held shares. Reassuring for shareholders as it indicates no immediate risk of forced share sale due to margin calls or loan defaults by the promoter group.