Zen Technologies 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.
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Ashok Atluri, a promoter of Zen Technologies, has submitted a declaration under SEBI's Takeover Regulations confirming that the Promoters and Promoter Group did not create any encumbrance (such as pledge or lien) on the company's shares, directly or indirectly, during the financial year ended March 31, 2025. This is a routine annual filing required from promoters of listed companies. No new pledges, locks, or other encumbrances have been placed on promoter-held shares during the year.
This is a neutral, routine compliance filing. Shareholders can take comfort that promoters have not pledged any additional shares during the year, which removes a common source of overhang risk on the stock. No material impact on stock price is expected.