Team India Guaranty promoter confirms no encumbrance on shares in FY26
Surajkumar Saraogi, promoter of Team India Guaranty Limited, confirmed holding 13,41,000 equity shares as of March 31, 2026, with no encumbrance during FY26. The disclosure was filed under SEBI Takeover Regulations.
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Surajkumar Saraogi, promoter of team india guaranty , has confirmed that he did not create any encumbrance on his shareholding during the financial year ended March 31, 2026. The disclosure, submitted to the stock exchanges, assures stakeholders regarding the status of the promoter's holdings in the company.
Saraogi declared that he holds 13,41,000 equity shares of the Target Company as on March 31, 2026. He stated that no encumbrance, either direct or indirect, was made on these shares throughout FY26. This filing was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The communication was addressed to BSE Limited and the National Stock Exchange of India Ltd. The company, formerly known as Times Guaranty Limited, is listed on both exchanges with the scrip code 511559 on BSE and the symbol TEAMGTY on NSE.
Shareholding Details
| Particulars | Details |
|---|---|
| Name of Promoter | Surajkumar Saraogi |
| Shares Held | 13,41,000 |
| Date of Holding | March 31, 2026 |
| Encumbrance Status | None |
The disclosure was also copied to the Audit Committee of the Target Company for the attention of the Chairperson of the Audit Committee.
Historical Stock Returns for Team India Guaranty
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.35% | -1.40% | -6.94% | -20.76% | +33.06% | +342.38% |
How will the assurance of unencumbered promoter shares influence investor confidence in Team India Guaranty's stock performance?
Does this disclosure indicate any potential strategic changes or acquisitions planned by the company in the near future?
What impact will this clear shareholding status have on the company's ability to raise capital or secure loans?
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