Parvez Farooqui 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.
MUKTAARTS · price
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Awaiting price reaction for this filing.
Parvez Akhtar Farooqui, a promoter of Mukta Arts Limited, has filed an annual disclosure with BSE and NSE confirming that the promoters and persons acting in concert have not created any encumbrance (such as a pledge or lien) on the shares of the company during the financial year 2024-25. The promoter group includes Subhash Ghai, Mukta Ghai, and related family members. This is a routine annual compliance filing required under SEBI takeover regulations.
This is a neutral, compliance-related filing. It reassures shareholders that promoters have not pledged or otherwise encumbered their holdings during the year, which means no immediate risk of forced selling or margin calls on promoter shares.