Innovana Thinklabs Limited 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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The promoter group of Innovana Thinklabs Limited has submitted an annual declaration under SEBI Regulation 31(4) of the SAST Regulations, 2011. All seven promoter group members — Chandan Garg, Kapil Garg, Priyanka Garg, Swaran Kanta, Nancy, Akash Bansal, and Narendra Kumar Garg — have collectively declared that no additional encumbrances have been placed on the company's shares beyond what has already been disclosed to the stock exchanges during the financial year ending 31 March 2026. The declaration was signed by Chandan Garg as promoter representative and submitted on 7 April 2026 from Jaipur.
A clean encumbrance declaration is a positive signal for investors as it indicates the promoter group has not pledged further shares, meaning no dilution risk or potential stress on promoter stake is currently flagged.