Declaration Under Regulation 31(4) Of SEBI (Substantial Acquisition Of Shares And Takeover) Regulations, 2011 (SAST Regulations) From The Promoter
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Ziaulla Sheriff, Director and Promoter of Starcom Information Technology Ltd, has submitted a declaration to BSE confirming that he and persons acting in concert have not created any encumbrance (pledge, lien, or charge) on the company's shares during FY 2025-26. This is a routine annual compliance filing required under SEBI's Substantial Acquisition of Shares and Takeover (SAST) Regulations, 2011. Promoters of listed companies must file this declaration every year disclosing whether they have encumbered their shares or not.
This is a neutral-to-positive signal for retail investors — the promoter has not pledged or encumbered shares, indicating no immediate financial stress or leverage built against promoter holdings. No change in promoter shareholding or voting power is implied.