Kamlesh Gandhi 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.
MASFIN · price
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Kamlesh Gandhi, Promoter of MAS Financial Services Limited, has submitted a declaration on behalf of all Promoters and Promoter Group confirming they collectively hold 12,09,46,010 equity shares (66.65%) of the company as on March 31, 2026. The declaration states that no encumbrance of shares was made, directly or indirectly, during the financial year ended March 31, 2026. The holding is spread across 23 entities including individuals (Kamlesh Gandhi holding 10.51%, Shweta Kamlesh Gandhi at 27.01%), a family trust (MCG Private Family Trust at 26.71%), and corporate entities. Several listed entities under the promoter group (MAS Rural Housing & Mortgage Finance Limited, MASfin Insurance Broking Private Limited, Swalamb Mass Financial Services Limited) hold 0 shares.
The declaration confirms no change in promoter shareholding and no pledged shares, indicating promoter stability. The 66.65% holding is well above SEBI's minimum public shareholding threshold, posing no regulatory risk on that front.