ALPHA TRIBE

Indiabulls Enterprises LimitedOthers, 25-06-2025: Disclosure under SEBI Takeover Regulations

25-06-2025 | 06:48 pm

Meru Minerals Private Limited has confirmed that it and its Persons Acting in Concert have not created any encumbrance on shares held in Indiabulls Enterprises Limited during the financial year 2024-25. As of March 31, 2025, the promoter group holds 36.32% of Indiabulls Enterprises’ paid-up voting capital, all free of any encumbrance. This clarity on unencumbered shareholding provides assurance on the promoter group's stake security, which is relevant for investors monitoring promoter pledges or financial stress signals.

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