Enclosed Disclosure from Promoters & Promoter Group of the company under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Reg, 2011 for financial year ended 31st March, 2026.
SONAL · price
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Awaiting price reaction for this filing.
Sonal Mercantile Ltd received declarations from its promoters and promoter group under SEBI Regulation 31(4) for the financial year ended 31st March 2026. Three declarations were filed: Mr. Vikram Goyal and Mr. Rajan Goyal each declared they hold no shares and have not created any encumbrance. Ram Gopal Goyal & Sons LLP (Promoter Group) declared holding 36,72,396 shares with no encumbrance created during the year. All three declarants confirmed no pledge or encumbrance was made on their shares either directly or indirectly with persons acting in concert (PAC). This is a routine annual compliance filing under takeover regulations.
No red flags detected — promoters have confirmed no share pledges or encumbrances, which is a positive sign for shareholders as it means no risk of forced share sales due to loan defaults.