TITAGARH RAIL SYSTEMS LIMITED — Others, 01-07-2025: Disclosure under SEBI Takeover Regulations

Titagarh Capital Management Services Private Limited, a promoter of Titagarh Rail Systems, has confirmed that no new encumbrances were created on its shareholding during the financial year ended March 2025. An existing encumbrance on 32,000 shares held by promoter Vinita Bajoria from the previous year remains in place. This indicates stability in promoter shareholding pledges, which may reassure shareholders about the current promoter commitment and financial arrangements.