NBCC (India) Limited has submitted a disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, to the National Stock Exchange. Sandeep Kulharia, on behalf of the Government of India, Ministry of Housing and Urban Affairs, filed the declaration on June 19, 2026.
The declaration, dated April 9, 2026, confirms that the promoter of NBCC (India) Limited — the President of India acting through the Ministry of Housing and Urban Affairs — has not created any encumbrance on its shareholding during the financial year ended March 31, 2026. Encumbrance refers to pledges, liens, or any form of charge against shares held by the promoter. The promoter has no persons acting in concert.
Regulation 31(4) of the SEBI Takeover Code requires promoters of listed companies to submit an annual disclosure regarding any encumbrance on their shareholding. The provision is part of the regulatory framework that governs substantial acquisition of shares and takeovers in listed Indian companies.
The Government of India, through the Ministry of Housing and Urban Affairs, is the promoter of NBCC (India) Limited. NBCC is a Schedule 'A' central public sector enterprise providing project management consultancy, real estate development, and engineering procurement construction services across India. The government holds the majority equity stake in NBCC.
The annual non-encumbrance declaration confirms that the promoter's shareholding in NBCC (India) Limited remained free of any pledge or charge during the fiscal year ended March 31, 2026. The filing was submitted to the exchange within the prescribed timeline under the takeover regulations.
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.