Annual Disclosure under SAST Regulations as received from the Promoter of the Company Mr. Rahul Shah
Awaiting price reaction for this filing.
Promoter Mr. Rahul Shah has filed his annual disclosure under SEBI SAST Regulations for the financial year ended March 31, 2025. He directly holds 13,91,480 shares, representing 43.11% of the company's total share and voting capital. Additionally, 2,34,500 shares (7.26%) acquired from erstwhile promoter Mrs. Rekha Rani Sarawagi via a Share Purchase Agreement and SEBI-approved takeover offer are still pending transfer to his name. Mr. Shah has also confirmed that no additional pledge of shares was created during the financial year, and the existing pledge as of April 1, 2024 continues to remain pledged. This is a routine annual compliance filing and does not indicate any fresh change in promoter holding.
No immediate impact on shareholders or stock price — this is a routine annual regulatory disclosure confirming the promoter's existing stake (43.11%) and unchanged pledge status. Investors should note the promoter is below the 50% threshold, and a portion of shares is still pending formal transfer in his name.