SONAM 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.
SONAMLTD · price
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Jayesh Chhabildas Shah, Promoter and Managing Director of Sonam Limited (formerly Sonam Clock Limited), has submitted a declaration to the National Stock Exchange under Regulation 31(4) of SEBI's Takeover Regulations. The declaration, for the financial year ended 31st March 2025, states that the promoters, promoter group, and persons acting in concert have not created any encumbrance (pledge, lien, or charge) on the company's shares, directly or indirectly, during the year. The submission is signed by the promoter on behalf of himself and the entire promoter group.
This is a routine annual compliance filing indicating clean shareholding with no pledging or encumbrances, which is a neutral-to-positive signal for shareholders as it suggests no financial stress on the promoter.