Falgunbhai C. Patel 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.
SANDESH · price
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Falgunbhai C. Patel, on behalf of the promoters and persons acting in concert (PAC) of The Sandesh Limited, has submitted a disclosure confirming they hold 56,63,017 equity shares (face value Rs. 10 each) as of March 31, 2026. The key highlight is that the promoters have declared they have NOT created any encumbrance (pledge) on these shares during the financial year ended March 31, 2026. This is a routine compliance filing under SEBI regulations requiring promoters to disclose their holding status periodically.
A positive signal for shareholders as the promoters have confirmed no pledging of their shares, indicating they have not used their equity as collateral for loans. This suggests financial stability among the promoter group and reduces risk of potential share supply pressure from pledge invocation.