Harsh Mohan Gupta 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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Harsh Mohan Gupta, a promoter of Rossell Techsys Limited, has submitted a declaration confirming that during FY 2025-26 (ended March 31, 2026), neither the promoters nor the promoter group created or invoked any encumbrance (pledge) on their equity shares. The filing includes the complete list of promoter group members with their shareholdings: Harsh Mohan Gupta holds 39.49%, Rishab Mohan Gupta holds 17.67%, Vinita Gupta holds 9.66%, and Harsh Mohan Gupta & Son HUF holds 7.63%. Other promoter group entities include Harvin Estate P Ltd and BMG Investments Pvt Ltd with minimal holdings. Total promoter holding stands at 74.80% of the company's equity.
The declaration provides assurance to shareholders that promoters have not pledged their shares, which is generally viewed positively as it indicates financial stability of the controlling shareholders and eliminates risk of forced share sales in case of loan defaults.