canarys automations has submitted declarations from all its promoters confirming that no shares have been encumbered during the financial year 2025-26. The disclosures were filed with the National Stock Exchange of India Limited on April 2, 2026, in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. This regulatory requirement ensures transparency regarding the pledging or hypothecation of promoter holdings, which directly impacts shareholder confidence and corporate governance standards.

The company's Board received specific confirmations from six promoters: Metikurke Ramaswamy Raman Subbarao, Raghu Chandrashekharaiiah, Danavadi Krishnamurthy Arun, Sheshadri Srinivas Yedavanahalli, Pushparaj Shetty, and Nagaraju Vineeth. Each promoter explicitly stated that neither they nor any persons acting in concert with them created any direct or indirect encumbrance on the shares held during FY26. The filing was signed by Ambikeshwari M.A., Company Secretary & Compliance Officer.

Promoter Declarations

The following table details the promoters who submitted the non-encumbrance declarations for the financial year 2025-26:

Regulatory Compliance

The submission addresses the requirements of Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. This regulation mandates that promoters disclose any encumbrance on shares to prevent risks associated with pledged shares affecting the company's stability or control. The absence of encumbrances indicates that the promoters' shareholding remains free from liens or charges, which is a positive indicator for the company's financial health.

Canarys Automations Limited has secured a significant order worth US$ 250,000 through its wholly-owned subsidiary, Canarys Corp, from LinkedIn Corporation. The contract entails designing, developing, testing, deploying, and maintaining a Power Platform-based marketing budget planning and management application. This engagement marks a pivotal milestone in the company's enterprise growth journey, underscoring its technical expertise within global technology organizations.

The billing services engagement is valid for a term of 10 months from the date of signing the Statement of Work (SOW). LinkedIn Corporation, registered at 1000 W Maude Ave, Sunnyvale, CA 94085, awarded the contract to the international subsidiary. The filing confirms that the order is not a related party transaction and that no promoters or group companies hold an interest in the entity to which the order is awarded.

Contract Details

The following table outlines the key particulars of the agreement:

Sheshadri Srinivas, Chief Executive Officer of Canarys Automations Limited, stated that the win reflects the confidence placed by Fortune 500 clients in the company's capabilities. He noted that LinkedIn's selection of Canarys as a trusted technology partner validates its ability to deliver complex, scalable digital transformation solutions at an enterprise scale. The company views this as the beginning of a strategic relationship that could expand into AI-powered workflow orchestration and Copilot integrations.

Canarys Automations Limited is headquartered in Bengaluru, Karnataka, and operates as a comprehensive solution provider specializing in Dev-Ops, GitHub, Azure, AWS, and GCP. The company is a GitHub Verified Partner and a Microsoft Qualified-DevOps FastTrack Partner. It went public in 2023 and acquired Fortira Inc in the US to focus on Data & AI.