KPIT Technologies Limited promoter Ashwini Bhagwat submitted a declaration under Regulation 31(4) of the SEBI Takeover Regulations to the stock exchanges on June 15, 2026. The filing confirms that no new encumbrance was created on the equity shares of KPIT Technologies during the financial year ended March 31, 2026. The disclosure was made public after market hours on the announcement date.
The declaration was submitted to the listing departments of the National Stock Exchange and BSE Limited. Ashwini Bhagwat stated that neither she nor any persons acting in concert with her have encumbered any equity shares of KPIT Technologies during the reporting period. The confirmation covers both direct and indirect holdings of the promoter group.
This declaration applies to all equity shares held by the promoter group. No fresh pledges, liens, or other charges were created on the shares during the financial year beyond those already disclosed. Previously reported encumbrances continue to remain on record with the stock exchanges.
Ashwini Bhagwat is a promoter of KPIT Technologies. KPIT Technologies provides automotive software and mobility solutions to global clients, with services spanning product engineering, software integration, and digital transformation. KPIT Technologies serves original equipment manufacturers and automotive suppliers across multiple geographies from its headquarters in Pune.
Regulation 31(4) of the SEBI Substantial Acquisition of Shares and Takeovers Regulations mandates promoters of listed companies to submit a no-encumbrance declaration after each financial year. The filing ensures transparency on the promoter's shareholding status and any charges created against promoter-held equity shares.
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.