Sandipkumar Gupta has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) read with 31(5) of SEBI (Substantial Acquisition ofShares and Takeovers) Regulations, 2011
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Sandipkumar Gupta, a promoter of Route Mobile Limited, has submitted an annual disclosure confirming that neither he nor any persons acting in concert (PAC) have created any encumbrance (pledge) on their shares during the financial year ended March 31, 2026. The disclosure is a negative confirmation under SEBI regulations requiring promoters to report on pledged shares. The filing also lists all PAC members including family members and HUFs who hold shares in the company.
A negative encumbrance disclosure is generally positive for shareholders as it indicates promoters have not pledged their shares, reducing risk of forced selling. No immediate impact on stock price expected.