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Indo Tech denies false stake increase report

August 14, 2025 at 04:39 PM UTCBy FilingReader AI

Indo Tech Transformers denied a false online report from August 11 claiming "N M Finance hikes stake in Indo Tech Transformers to 7.06%."

The company said the report alleging a stake increase by N M Finance through pledged shares was completely untrue. The actual event was merely an additional pledge of 100,000 shares, properly disclosed on the stock exchange.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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