KPIT Technologies Limited on Monday informed the stock exchanges that promoter Sachin Tikekar has submitted a declaration under Regulation 31(4) of the SEBI Takeover Regulations. The declaration, dated April 6, 2026, was filed with both the National Stock Exchange and BSE Limited.
Tikekar declared that he, along with persons acting in concert, has not created any encumbrance on the equity shares of KPIT Technologies during the financial year ended March 31, 2026. The declaration affirms that no encumbrance was made directly or indirectly on the shares of KPIT Technologies beyond what was already disclosed to the exchanges during the fiscal year.
The disclosure was submitted under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters to declare any encumbrances created on equity shares held by them.
The declaration was addressed to the Audit Committee of KPIT Technologies and simultaneously submitted to the listing departments of both exchanges. Sachin Tikekar, a promoter of KPIT Technologies, made the filing from his Pune address.
This filing provides a periodic confirmation of the promoter share encumbrance status for the financial year ended March 31, 2026. KPIT Technologies made the disclosure public on June 15, 2026.
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.