Indbank Merchant Banking Services Limited — Others, 03-07-2025: Disclosure under SEBI Takeover Regulations

Indian Bank, the promoter of Indbank Merchant Banking Services Ltd, holds 2.88 crore equity shares of Rs.10 each in the company as of March 31, 2025. Indian Bank has confirmed it has not created any encumbrance—directly or indirectly—on these shares during the financial year 2024-25. This clarity supports shareholder confidence by ensuring the promoter’s stake is free from any third-party claims or charges, indicating stable ownership and no immediate risk of pledged shares affecting the company’s equity structure.