Prostarm Info Systems 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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Prostarm Info Systems Limited has filed its annual disclosure under SEBI Regulation 31(4) with the stock exchanges (BSE and NSE). The Promoter and Promoter Group, including Persons Acting in Concert, have declared holding 4,28,74,592 equity shares representing 72.82% of the company's total shareholding as of March 31, 2026. The promoters have confirmed that they have NOT created any encumbrance (pledge or lien) on these shares during the financial year. This is a routine regulatory filing required annually to maintain transparency about promoter share pledges. The declaration is signed by Ram Agarwal, a Promoter of the company.
This disclosure is a positive indicator for retail investors as it confirms that the promoters' controlling stake of 72.82% remains free from any pledges or encumbrances. This reduces the risk of forced selling by lenders and signals promoter commitment to the company. No encumbrances typically support stock stability.