Sanstar 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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Awaiting price reaction for this filing.
Sanstar Limited has submitted a yearly disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, for the financial year ended 31st March 2025. The disclosure was filed by Mr. Gouthamchand Sohanlal Chowdhary on behalf of the Promoter Group and Persons Acting in Concert, who collectively hold 12,82,45,100 shares in the company. The promoters have declared that they have not created any encumbrance (pledge, lien, or other security interest) on their shares, directly or indirectly, during the financial year. The filing was made to both BSE and NSE on 11th April 2025.
This is a routine compliance filing with no material change to shareholding. The no-encumbrance declaration is a neutral-to-slightly positive signal for retail investors, as it indicates promoters have not pledged their shares during the year, reducing concerns around forced selling risk.