Monsoon Studio Private Limited 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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Awaiting price reaction for this filing.
Max Ventures Investment Holdings Private Limited, part of the promoter group of Max Financial Services Limited, has filed a declaration under Regulation 31(4) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. The declaration states that the promoters and persons acting in concert have not created any new encumbrance (pledge or lock-in) on the shares of Max Financial Services Limited, other than what was already disclosed through System Driven Disclosure and to the stock exchanges during FY ending March 31, 2025. The list of promoters includes Mr. Analjit Singh, Mrs. Neelu Analjit Singh (reclassification to public requested), Ms. Piya Singh, Mr. Veer Singh, Mrs. Tara Singh Vachani, and Max Ventures Investment Holdings Private Limited. This is a routine annual compliance filing required by SEBI.
This is a routine regulatory compliance filing with no material change in promoter shareholding or new encumbrance. It signals stability in promoter holdings and is unlikely to have any direct impact on the stock price.