Please find the attached annual disclosure received from promoters for the year ended 31.03.2026
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Darshan Orna Ltd has filed an annual disclosure under SEBI regulations confirming that the Promoter and Promoter Group have NOT created any encumbrance (pledge) on their shares during the financial year ended March 31, 2026. This is a nil disclosure filed by promoter Mahendrakumar Ramniklal Shah on behalf of himself and the Promoter Group including Persons Acting in Concert (PAC). The company submitted this filing to BSE on April 03, 2026, as required under Regulation 31(4) of the SEBI Takeover Regulations.
This is a neutral-to-positive disclosure for shareholders. The absence of any share pledge means there is no immediate risk of forced selling pressure on the stock due to pledge invocation. Promoters retain full unencumbered ownership of their shares.