BANWARI LAL MITTAL 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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Banwari Lal Mittal, on behalf of the promoter group of Sastasundar Ventures Limited, has submitted a declaration under SEBI's Regulation 31(4) of the Takeover Regulations. The promoter group, including Banwari Lal Mittal, Ravi Kant Sharma, Abha Mittal, Bharati Sharma, Luv Kush Projects Limited, Topview Enclaves LLP, and Microsec Vision Trust One, have confirmed that they have not created any encumbrance (pledge, lien, or otherwise) directly or indirectly on their shares during the financial year ended 31st March 2025. This is a routine annual compliance filing.
This is a neutral-to-slightly-positive disclosure for shareholders, as it confirms promoters have not pledged any additional shares during the year, indicating no new financial stress or leveraged selling pressure from the promoter group.