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Tamilnadu Industrial Development Corporation Limited has confirmed that it has not created any encumbrance over 66,84,000 shares, which constitute 14.63% of its holding in Tamilnadu Telecommunications Ltd. This disclosure may reflect TIDCO's commitment to maintaining a clear ownership structure, which is beneficial for investor confidence. By confirming no encumbrances, TIDCO could foster a positive outlook among investors, potentially mitigating any concerns regarding share liquidity and promoting stability in shareholder interests. Overall, this clarification could be seen as a step towards maintaining transparency and enhancing governance.