Digitide Solutions Limited disclosed that its promoters have not created any encumbrance on their shareholdings during the financial year ended March 31, 2026. The confirmation was provided by Ajit Abraham Isaac and Isaac Enterprises LLP in a filing submitted to the stock exchanges on April 6, 2026.

The disclosure was made pursuant to Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters to declare whether they have pledged or encumbered any shares held by them in the target company.

The declaration covers the status of shares held as on March 31, 2026. Both the individual promoter and the promoter group entity confirmed that no direct or indirect encumbrance was created over the shares during the specified period.

Bluspring Enterprises has secured a significant operations and maintenance contract valued at ₹2,049.8 crore through its wholly-owned step-down subsidiary, STEAG Energy Services (India) Private Limited. The order was awarded by Bharat Aluminium Company Limited for the comprehensive operations and maintenance of a 1740 MW power plant. The contract is scheduled to commence on July 1, 2026, and will remain in force for a period of 60 months.

Contract Details

The disclosure was made to the exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The following table summarises the key parameters of the agreement:

Significance of the Order

The contract covers the full-scope operations and maintenance of the 1740 MW power plant owned by Bharat Aluminium Company Limited. The estimated aggregate contract value includes additional services. The 60-month tenure underscores the long-term nature of the service arrangement, providing a defined timeline for resource mobilisation by STEAG Energy Services (India) Private Limited.