Ashank Desai 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.
MASTEK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ashank Desai, on behalf of all promoters, promoter group members, and persons acting in concert of Mastek Limited, has submitted an annual declaration under SEBI Regulation 31(4) confirming that none of the promoters or related entities have created any encumbrance (pledge, lien, or otherwise) on their shareholding in Mastek during FY2024-25. The disclosure lists the shareholdings of 13 promoter group entities as on March 31, 2024, totalling 1,11,29,097 shares, with the encumbrance column marked 'Nil' for all. This is a routine annual compliance filing, not a new transaction.
This is a neutral-to-positive disclosure for shareholders — it confirms promoter shares remain fully unencumbered, meaning no promoter pledges have been taken, invoked, or released during the year. It carries no direct stock price impact as it is a compliance confirmation rather than a corporate action.