Narayan Sitaram Saboo 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.
BIGBLOC · price
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Narayan Sitaram Saboo, promoter of Bigbloc Construction Limited, has submitted a declaration confirming that the entire promoter and promoter group (14 entities including family members and group companies like Mohit Industries, Mohit Yarns, Mask Investments) have NOT created any encumbrance or pledge on their shares during Financial Year 2025-26. This is a negative disclosure filed under SEBI's substantial acquisition regulations. The declaration covers all promoter group entities and serves as a compliance filing to confirm clean shareholding status.
Positive signal for investors as the absence of pledges reduces risk of forced selling by promoters. The promoter group holding remains unencumbered, indicating financial stability of controlling shareholders.