NewsAspire & Innovative Advertising Promoters Declare No Share Encumbrance Under SEBI Takeover RegulationsAspire & Innovative Advertising Promoters Declare No Share Encumbrance Under SEBI Takeover Regulations
Aspire & Innovative Advertising Limited's promoters, Nitesh Agarwalla and Rinku Agarwalla, filed an annual disclosure on April 03, 2026, confirming no encumbrance over company shares during the financial year. The declaration was made under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and submitted to the National Stock Exchange of India Limited. The filing was digitally signed by Nitesh Agarwalla on behalf of all promoters and persons acting in concert, with a copy addressed to the company's Audit Committee.
*this image is generated using AI for illustrative purposes only.
Aspire & Innovative Advertising Limited has filed an annual disclosure with the National Stock Exchange of India Limited, dated April 03, 2026, confirming that its promoters and promoter group have not created any encumbrance over the company's shares during the financial year. The filing was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Regulatory Disclosure Details
The disclosure was submitted to the Listing Compliance Department of the National Stock Exchange of India Limited at Exchange Plaza, Bandra-Kurla Complex, Bandra (E), Mumbai 400051. Promoter Nitesh Agarwalla filed the declaration on behalf of all promoters and persons acting in concert, affirming that no direct or indirect encumbrance has been made over the shares of the company, other than those already disclosed during the financial year.
The key details of the filing are summarised below:
| Parameter: | Details |
|---|---|
| Filing Date: | April 03, 2026 |
| Regulation: | Regulation 31(4), SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 |
| Exchange: | National Stock Exchange of India Limited |
| Registered Address: | 2nd Floor, Plot No. 52, Sector-44, Gurugram, Haryana - 122003 |
| Signatory: | Nitesh Agarwalla (Promoter) |
Promoter and Promoter Group
The following individuals constitute the promoter and promoter group of Aspire & Innovative Advertising Limited, as listed in the disclosure:
| Sr. No.: | Name | Category |
|---|---|---|
| 1. | Nitesh Agarwalla | Promoter |
| 2. | Rinku Agarwalla | Promoter |
The disclosure was digitally signed by Nitesh Agarwalla on April 03, 2026, and a copy was also marked to the Audit Committee of Aspire & Innovative Advertising Limited. The filing reaffirms that the promoter group remains in compliance with the applicable SEBI regulatory requirements concerning share encumbrance disclosures.
Historical Stock Returns for Aspire & Innovative Advertising
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | +0.87% | +43.98% | -1.98% | -53.67% | -70.74% |
How might Aspire & Innovative Advertising's consistent zero-encumbrance record influence investor confidence and potential institutional interest in the company's shares going forward?
Could the promoter group's clean encumbrance history position Aspire & Innovative Advertising more favorably for future fundraising activities such as QIPs or preferential allotments?
What strategic expansion plans, if any, does Aspire & Innovative Advertising have in the competitive Indian advertising sector that could drive share value appreciation?
17
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
