Dhananjaya Sudhanva 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.
EXCELSOFT · price
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Dhananjaya Sudhanva, a promoter of Excelsoft Technologies Limited, has filed a declaration confirming that neither he nor any Persons Acting in Concert (PACs) have created any encumbrance (pledge) on their shares during the financial year ended March 31, 2026. The disclosure includes details of the promoter group shareholding: Dhananjaya Sudhanva holds 33.75%, his spouse Lajwanthi holds 10.22%, daughter Shruthi holds 0.40%, and Pedanta Technologies Private Limited holds 14.32%. All shareholdings are fully unencumbered with NIL pledge reported. This is a routine regulatory filing to confirm no new share pledges were created by the promoter group.
The absence of any pledge on promoter shares is a positive indicator for minority shareholders, as it reduces risk of forced selling pressure on the stock. Total promoter holding remains substantial at over 58%, indicating strong promoter commitment to the company.