Disclosure under SEBI Takeover Regulations

Just Dial Limited announced a regulatory disclosure from Ramani Iyer, a member of its Promoter Group, in accordance with SEBI Takeover Regulations. Mr. Iyer formally declared that he has not created any encumbrance, such as pledging, on his shares of Just Dial during the financial year 2024-25. This compliance filing, mandated by Regulation 31(4), confirms the stability of his direct shareholding. For investors, this signifies that the promoter's stake remains unpledged, which can be perceived positively as it indicates no immediate financial stress requiring share encumbrance.