Sajid Malik 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.
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Sajid Malik, Chairman & Managing Director of Genesys International, has filed a declaration under SEBI Takeover Regulations on behalf of the Promoter Group and Persons Acting in Concert (PACs). The declaration confirms that no new encumbrance (pledge or otherwise) has been created on shares during financial year 2024-25, other than those already disclosed earlier. The disclosure lists encumbrance status for all promoters: Sajid Siraj Malik has 1,186,046 shares pledged, while all other promoters and PACs (including Kilam Holdings, Kadam Holding, Sohel Malik, Shazia Ilmi Malik, and Late Mrs. Saroja Siraj Malik) have NIL encumbrance.
This is a routine annual compliance filing with no new negative action. Shareholders can be reassured that the promoter group has not added any fresh pledges on their holdings during FY25, signalling stable promoter confidence without increasing pledged exposure.