�Shivasons Solutions India Pvt Ltd�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.
Awaiting price reaction for this filing.
Shivasons Solutions India Private Limited, the promoter of Melstar Information Technologies (beneficial owner: Vineet Shah), has filed an annual disclosure under SEBI Regulation 31(4). The promoter holds 26,42,000 equity shares, representing 94.57% of the company. The disclosure confirms that no encumbrance (pledge or similar charge) was created directly or indirectly on these shares during the financial year ended March 31, 2025. The filing was submitted on April 8, 2025, to both BSE and NSE. This is a routine yearly compliance requirement for promoters holding more than a specified threshold.
No material impact on shareholders — the promoter's 94.57% stake remains unchanged and unencumbered. This is a standard regulatory compliance filing that simply reaffirms the promoter has not pledged any of their holdings, providing minor reassurance to retail investors.