Arshiya Limited has informed the Exchange regarding disclosure pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of shares and Takeovers) Regulations, 2011.
ARSHIYA · price
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Arshiya Limited, which is under Corporate Insolvency Resolution Process (CIRP), has filed its annual promoter disclosure for FY 2025-26. Promoter Ajay S Mittal, on behalf of all promoters and persons acting in concert, has declared that no new encumbrances have been created on the equity shares of the company during FY 2024-25 and FY 2025-26, beyond those already disclosed earlier. This is a routine regulatory compliance filing required under SEBI takeover regulations to maintain transparency on promoter share pledges.
The disclosure indicates no fresh pledge creation by promoters, which is a neutral-to-positive signal for shareholders as it shows promoters have not encumbered additional shares. However, the company remains under insolvency proceedings, which continues to be the dominant factor for investors.