Kedarmal Shankarlal Bankda 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.

Kedarmal Shankarlal Bankda, Promoter and Chairman of Syncom Formulations (India) Limited, has submitted his annual declaration to the exchanges stating that neither he nor his persons acting in concert (Vimla Bankda, Ankit Bankda, and the HUF) have created any new encumbrances (pledge/lien) on the company's shares beyond what was already disclosed for FY ending March 2025. The filing also discloses existing lock-in holdings: 2,40,00,000 shares held by the promoter and 4,00,47,000 shares held by Vimla Bankda are under lock-in until 30 June 2025, arising from the conversion of warrants into equity shares under a preferential issue done under Regulation 167 of the SEBI (ICDR) Regulations. The declaration was made on 5 April 2025 and confirms that these locked-in shares cannot be freely traded or treated as having clear marketable title until the lock-in expires.