Mayur Uniquoters Ltd 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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Chandan Garg, Chief Promoter of Innovana Thinklabs Limited, has filed an annual declaration under Regulation 31(4) of the SEBI Takeover Regulations for FY ending March 31, 2025. He holds 1,50,12,400 shares (73.23%) in Innovana Thinklabs Limited. The declaration confirms that neither he nor the promoter group (including Kapil Garg, Priyanka Garg, Swaran Kanta, Nancy, Akash Bansal, and Narendra Kumar Garg) created any encumbrance (pledge, lien, or charge) on the shares during the financial year. The filing was made through NSE/BSE under Mayur Uniquoters Ltd's scrip code, suggesting a corporate or promoter linkage between the two entities.
This is a routine compliance filing and is neutral for shareholders. It reassures investors that no shares of Innovana Thinklabs held by the promoter group were pledged or encumbered during the year, indicating no financial stress or fundraising activity involving share collateral from the promoter side.