MAP Holdings Limited (Formerly known as MAP Auto 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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MAP Holdings Limited (formerly MAP Auto Limited), acting on behalf of the Promoters, Promoter Group and Persons Acting in Concert of Jamna Auto Industries Limited, has submitted a declaration to the exchanges. The filing confirms that the promoter group has not created any encumbrance (pledge) on the shares of Jamna Auto Industries Limited during the financial year 2025-26. This is a routine compliance filing under SEBI regulations that requires promoters to disclose any share encumbrances. The declaration essentially states that no new pledges have been created beyond what was already disclosed previously.
This is a positive confirmation for existing shareholders as it indicates the promoter group has not further encumbered their shares, which could otherwise signal financial stress or potential dilution of control. The filing has no immediate impact on the stock price.