Mahesh Sajandas Dulhani 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.
Mahesh Sajandas Dulhani, a promoter of Saraswati Saree Depot Limited, has filed a Regulation 31(4) disclosure with the stock exchanges. This is a routine annual compliance filing in which the promoter confirms that no encumbrance (pledge, lien, or charge) has been created on any shares of the company held by him or persons acting in concert with him during the financial year ended March 31, 2025. The disclosure was signed from Kolhapur on April 3, 2025. There is no change in shareholding or any transaction involved in this filing.
This is a routine compliance disclosure with no material impact on the stock price or shareholders. It simply confirms that the promoter has not pledged or encumbered his shares during the year, which is mildly positive as it indicates no immediate financial stress on the promoter.