Narayan Sitaram Saboo 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.
MASKINVEST · price
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Narayan Sitaram Saboo, Promoter and Director of Mask Investments Limited, has submitted a nil encumbrance declaration under Regulation 31(4) of SEBI SAST Regulations, 2011. The declaration confirms that neither the promoter nor any member of the promoter group has created any encumbrance (pledge) on their shares during the financial year ended March 31, 2026. The filing covers seven entities including Narayan Sitaram Saboo, Naresh Sitaram Saboo, and several members of the Saboo family HUF and relatives.
This is a positive signal for shareholders as it confirms promoters have not pledged their shares, reducing risk of forced selling. It is a routine compliance filing with no adverse implications for the stock.