Amit M Jain has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
ARKADE · price
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Amit Mangilal Jain, Managing Director and Promoter of Arkade Developers, has filed a Regulation 31(4) disclosure under SEBI SAST Regulations for FY ending March 31, 2026. He confirmed that the promoter and persons acting in concert have not created any encumbrance (pledge or charge) on their shares in the company during the year. He further stated that as on March 31, 2026, the number of shares encumbered or pledged by them stands at NIL. The filing also includes the shareholding details of the promoter and promoter group, with Amit Jain holding 12,38,57,808 shares, followed by Anuja Nitesh Jain (28,20,000), Ketu Amit Jain (26,82,040), Aarin Amit Aishwary (26,60,000), and Aisha Bhavesh Jain (1,60,000).
This is a positive compliance filing for shareholders — it confirms that the promoter group has zero pledged or encumbered shares, indicating no financial stress or forced-sale risk on the promoter holding. Such disclosures are routine but reassure investors about the integrity of the promoter's stake.