Dakshesh Shah 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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Dakshesh Shah, a promoter of Navkar Urbanstructure Limited, has submitted the annual disclosure required under Regulation 31(4) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011, to both NSE and BSE. In the disclosure, the promoter declares that he, along with persons acting in concert, has not created any encumbrance (pledge, lien, or similar charge) on the shares held directly or indirectly during the financial year ended March 31, 2025. This is a routine yearly compliance filing and not related to any specific transaction.
This is a neutral, routine compliance filing confirming no new pledging or encumbrance activity by the promoter during FY25. It does not indicate any change in promoter shareholding or financial stress signals, and is unlikely to have any material impact on the stock price.