Mukesh Yadav 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.
DREAMFOLKS · price
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Mukesh Yadav, on behalf of the Promoter and Promoter Group of Dreamfolks Services Limited, has submitted a declaration confirming that no encumbrances (pledges) were created on the shares held by the promoters during the financial year ended March 31, 2026. This is a negative confirmation filing under SEBI regulations, meaning the promoters are declaring the absence of any pledge activity rather than reporting new pledges. The disclosure lists six entities in the Promoter and Promoter Group, including Mukesh Yadav, Ms. Liberatha Peter Kallat, Mr. Dinesh Nagpal, Mr. Dumpala Shiva Kumar, Ms. Usha Yadav, and Ms. Indu Nagpal.
This is a neutral to slightly positive disclosure for shareholders. The confirmation that no encumbrances were created during FY2026 indicates the promoters have not leveraged their shareholding through pledges, which reduces risk of potential forced selling. It provides transparency on promoter shareholding status.