Just Dial Limited promoter group member Ramani Iyer has submitted a declaration to stock exchanges confirming that no encumbrance was created on his shareholding during the financial year 2024-25. Iyer made the disclosure under Regulation 31(4) of the SEBI Substantial Acquisition of Shares and Takeovers Regulations, 2011.
The declaration was filed with BSE, NSE, and Metropolitan Stock Exchange of India Limited on April 9, 2025, while the company submitted the disclosure to the exchanges on June 19, 2026. The filing states that no encumbrance was created directly or indirectly on the shares held by Iyer at any time during the financial year 2024-25.
Regulation 31(4) of the Takeover Regulations requires members of the promoter group to annually disclose any encumbrances created on their shares in the target company. Iyer holds shares in Just Dial Limited in his capacity as a promoter group member and submitted the declaration in compliance with this requirement.
This annual disclosure by a promoter group member confirms that no pledge, lien, or other encumbrance was created on the shares during the period. Such filings disclose promoter shareholding status to exchanges and regulators.
Just Dial Limited operates a local search and discovery platform connecting users with businesses across categories including restaurants, hotels, healthcare, and professional services. The company is headquartered in Mumbai and its shares are listed on NSE under the symbol JUSTDIAL, on BSE with scrip code 535648, and on MSE.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.