STARTECKNSEStarteck Finance LimitedMediumNeutral
Announced Tue, 7 Apr · 18:54 IST

Matrabhav Trust 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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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+9.3%1-day move
₹235.05
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After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+9.3+6.1+3.1+6.4+5.1+4.3+6.0+6.4+15.5+14.2
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AI summary

Matrabhav Trust, acting on behalf of the entire promoter group (including individuals, HUFs, private companies, and trusts), has submitted a declaration under SEBI Regulation 31(4) confirming that no encumbrance (pledge) was created on the company's shares during the financial year ending 31st March, 2026. The filing covers 15 promoter entities including Matrabhav Trust, Shraddha Trust, Astha Trust, and several private companies. This is a negative declaration — it explicitly states that no new pledges were placed on promoter shares during the reporting period.

Likely market impact

This is a positive disclosure for shareholders as it confirms promoters have not leveraged their shareholding through new pledges, which could otherwise signal financial stress or potential selling pressure. It provides transparency on promoter-level encumbrances.