Sandhar Technologies 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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Sandhar Technologies has submitted an annual declaration to the exchanges confirming compliance with SEBI's Takeover Regulations. Promoter Jayant Davar, on behalf of all promoters and promoter group members (10 entities listed including Sanjeevni Impex, YSG Estates, Sandhar Infosystems LLP, Jubin Finance & Investment, and Sandhar Estates), has confirmed that no encumbrance (such as pledge, lien, or charge) was created directly or indirectly on their shares during FY2024-25. This is a routine yearly compliance filing required under Regulation 31(4).
This is a neutral-to-positive disclosure for shareholders, as it confirms promoter shares remain unencumbered (not pledged) for the full financial year, signalling financial stability of the promoter group and no near-term risk of forced selling from pledged holdings.