KPIT Technologies Limited's promoter entity Proficient Finstock LLP has submitted a declaration under Regulation 31(4) of the SEBI Takeover Regulations to the stock exchanges. The filing confirms that no fresh encumbrance was created on KPIT Technologies equity shares during the financial year ended March 31, 2026, beyond those already disclosed for the same period.
Proficient Finstock LLP, along with persons acting in concert, declared that it had not made any encumbrance on equity shares of KPIT Technologies Limited, directly or indirectly, other than what was previously reported to the exchanges. The declaration covers the entire 12-month period ended March 31, 2026.
The disclosure was submitted to both BSE and the National Stock Exchange on April 6, 2026. S B (Ravi) Pandit, Designated Partner of Proficient Finstock LLP, signed the filing on behalf of the promoter entity. Proficient Finstock LLP is registered in Pune, Maharashtra, and is part of the promoter group of KPIT Technologies Limited.
Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, requires promoter entities to submit a declaration regarding encumbrance on shares at the end of each financial year. The filing by Proficient Finstock LLP confirms compliance with this disclosure requirement for the year ended March 31, 2026.
KPIT Technologies Limited is listed on both BSE and the National Stock Exchange under the ticker symbol KPITTECH. The disclosure has been made available on the stock exchange websites for public record.
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.