The members of promoter and promoter group including Person in concert hereby declare that as on March 31,2025, we have not made any encumbrance of shares, directly or indirectly, during ....
Awaiting price reaction for this filing.
The promoter and promoter group of Max Alert Systems Ltd have submitted a declaration to BSE under SEBI's Takeover Regulations stating that they did not create any encumbrance (pledge, lien, or charge) on the company's shares, directly or indirectly, during the financial year ended March 31, 2025. The declaration was signed by Anil Chandran on behalf of the promoter group on April 7, 2025, and forwarded to the exchange by Director Amit Vengilat on April 8, 2025. No details about the extent of existing encumbrances, if any, have been disclosed in this filing.
This is a routine regulatory confirmation indicating no new pledges or charges were created on promoter-held shares during the year, which is a neutral-to-slightly-positive sign for retail investors as it suggests no immediate liquidity stress at the promoter level. The stock price is unlikely to move meaningfully on this disclosure alone.