Intimation of annual declaration for the financial year ended 31st March, 2025 under regulation 31(4) and 31(5) of SEBI (SAST) Regulations, 2011 as received from the promoter of the company. ....
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Awaiting price reaction for this filing.
Mega Corporation Ltd has filed an annual declaration from its promoter, Kunal Lalani (Chairman and Promoter), under Regulations 31(4) and 31(5) of the SEBI Substantial Acquisition of Shares and Takeovers (SAST) Regulations, 2011. The declaration, dated 3 April 2025, confirms that no promoter (including persons acting in concert) has created any encumbrance — such as a pledge, lien, or charge — directly or indirectly, on the company's shares during the financial year ended 31 March 2025. The filing is a routine annual compliance submission to BSE and does not involve any change in shareholding or any transaction. No financial figures or stake percentages are mentioned in this intimation.
This is a routine compliance filing with no material impact on the stock price or shareholders. It simply confirms that the promoter group did not pledge or encumber any shares during the year, which is mildly reassuring regarding promoter financial discipline.