Bennett, Coleman & Company Limited (BCCL) clarifies its shareholding status in Times Guaranty Limited (TIMESGTY) as of March 31, 2025.
BCCL divested its entire 74.92% shareholding (67,37,399 equity shares) in TIMESGTY to acquirers including Team India Managers Ltd, Surajkumar Saraogi, Sharda Omprakash Saraogi, and Karan Surajkumar Saraogi, effective 7 November 2024.
Although BCCL no longer holds shares, it was still listed as a promoter in the shareholding pattern for the quarter ended 31 December 2024, pending the stock exchanges' processing of the promoter reclassification application.
As of March 31, 2025, BCCL does not hold any equity shares in TIMESGTY and has not created any encumbrance on the shares during the financial year ended March 31, 2025.