KPIT Technologies Limited promoter Chinmay Pandit has submitted a declaration to stock exchanges under Regulation 31(4) of the SEBI Takeover Regulations. The disclosure was filed with the National Stock Exchange of India and BSE Limited on June 15, 2026, and was also addressed to the company's audit committee.
Mr. Pandit declared that he, along with persons acting in concert, has not created any encumbrance on the equity shares of the company during the financial year ended March 31, 2026. The filing confirms that no new pledges or charges were made on the promoter-held shares beyond those already reported to the exchanges in prior disclosures.
The submission was made pursuant to the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Regulation 31(4) requires promoters of listed companies to disclose any encumbrances created on their shareholdings to the stock exchanges. The declaration covers the entire financial year ended March 31, 2026.
Mr. Pandit submitted the declaration from Pune, Maharashtra, where he is based. The filing was directed to the audit committee of KPIT Technologies and the listing departments of both the National Stock Exchange and BSE Limited.
No additional shares were pledged against borrowings during the financial year ended March 31, 2026, beyond those already disclosed in earlier filings. The promoter's declaration under Regulation 31(4) confirms the absence of new encumbrances on the shareholding. Shares of KPIT Technologies are listed on the National Stock Exchange under the symbol KPITTECH and on the BSE.
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.