BSE Intimation of Declaration under Reg.31(4) of SAST Regulations, 2011
MERCURYEV · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mercury EV-Tech Ltd has submitted the annual declaration under SEBI's Takeover Regulations for FY ended March 31, 2026, confirming that promoters and the promoter group have not created any new encumbrances on their shares during the year. The promoter group holds a combined 11,24,22,758 shares, comprising Artiben Jayeshbhai Thakkar (2,77,24,453), Raghuvir International Pvt Ltd (4,17,05,820), and Shree Saibaba Exim Pvt Ltd (4,29,92,485), with Kavit Jayeshbhai Thakkar holding zero shares. Crucially, zero shares across the entire promoter group are pledged or otherwise encumbered. The filing is a routine annual compliance submission signed by Artiben Jayeshbhai Thakkar on behalf of the promoter group.
This is a routine regulatory filing, not a corporate action. The zero-pledge status is mildly reassuring for retail investors as it removes near-term risk of forced share sales by promoters due to margin calls, though it carries no direct impact on stock price or fundamentals.