Crystal Business System Limited Promoters Confirm Zero Share Encumbrances for FY26

2 min read     Updated on 08 Apr 2026, 01:59 AM
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Crystal Business System Limited and its entire promoter group filed mandatory SEBI disclosures confirming zero share encumbrances during FY26. The comprehensive filings included statements from Managing Director Bal Mukund Tiwari, three promoter entities (Varun Media, Softline Media Network, and Sadhna Media), and five individual promoters, all confirming no pledged or encumbered shares as of March 31, 2026, demonstrating regulatory compliance and transparent shareholding practices.

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Crystal Business System Limited has filed comprehensive regulatory disclosures with stock exchanges, confirming that its promoters maintained zero share encumbrances throughout the financial year ended March 31, 2026. The company, formerly known as Sadhna Broadcast Limited, submitted multiple disclosure statements under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Company Declaration

Managing Director Bal Mukund Tiwari, on behalf of Crystal Business System Limited, submitted the primary disclosure statement dated April 7, 2026, to both BSE Limited and Metropolitan Stock Exchange Limited. The company confirmed that promoters have not made any encumbrance of shares, either directly or indirectly, beyond those already disclosed to stock exchanges during FY26.

Filing Details: Information
Filing Date: April 7, 2026
Regulation: SEBI Regulation 31(4)
Encumbered Shares: Nil
Reporting Period: FY ended March 31, 2026

Promoter Entity Disclosures

Multiple promoter entities filed individual disclosure statements on April 3, 2026, each confirming zero share pledging or encumbrance activities. The key promoter companies include:

Varun Media Private Limited (PAN: AAACV7714K), registered in Noida, Uttar Pradesh, declared no encumbrance of Crystal Business System Limited shares during FY26. The entity confirmed that as of March 31, 2026, the number of encumbered or pledged shares stood at nil.

Softline Media Network Private Limited (PAN: AALCS7953G), based in New Delhi, submitted similar declarations confirming no share encumbrances either independently or in concert with other persons during the financial year.

Sadhna Media Private Limited (PAN: AAHCS4532K), registered in Laxmi Nagar, New Delhi, also filed confirmatory statements declaring zero encumbered shares as of March 31, 2026.

Individual Promoter Confirmations

Several individual promoters submitted personal disclosure statements, each confirming compliance with SEBI regulations:

Promoter Name: PAN Number Declaration Status
Tajinder Kaur: AWJPK7114J Zero encumbrances
Pooja Aggarwal: AGMPA6216C Zero encumbrances
Shreya Gupta: AIMPJ4419J Zero encumbrances
Gaurav Gupta: AKHPG5185D Zero encumbrances
Saurabh Gupta: BFEPG0692E Zero encumbrances

Each individual promoter declared that they had not made any encumbrance of shares either personally or in concert with other persons during the financial year ended March 31, 2026.

Regulatory Compliance Framework

The disclosures were made pursuant to Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation mandates promoters to disclose any encumbrance of shares to ensure transparency in shareholding patterns and protect investor interests.

All disclosure statements were simultaneously filed with BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai, and Metropolitan Stock Exchange Limited at Piramal Agastya Corporate Park, Kurla West, Mumbai. Copies were also provided to the company's Audit Committee at the registered office in New Delhi.

Corporate Information

Crystal Business System Limited operates from its registered office at 37, Second Floor, Rani Jhansi Road, Motia Khan, Paharganj, New Delhi-110055. The company maintains its corporate identity under CIN: L92100DL1994PLC059093 and continues operations under its current name after the transition from Sadhna Broadcast Limited.

Historical Stock Returns for Crystal Business System

1 Day5 Days1 Month6 Months1 Year5 Years
+3.31%+10.00%+8.09%-15.00%-32.00%+59.83%

What strategic initiatives might Crystal Business System Limited pursue now that promoters have maintained zero share encumbrances, potentially indicating strong financial health?

How could the company's clean promoter shareholding structure impact its ability to secure debt financing or attract institutional investors in the coming quarters?

Will Crystal Business System Limited consider any major acquisitions or expansion plans given the absence of promoter share pledging constraints?

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Crystal Business System Limited Schedules Board Meeting for February 3, 2026 to Review Q3FY26 Financial Results

1 min read     Updated on 29 Jan 2026, 06:21 PM
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Crystal Business System Limited has scheduled its board meeting for February 3, 2026, at 2:00 PM to consider unaudited financial results for Q3FY26 ending December 31, 2025. The meeting will be held at the company's registered office in New Delhi under Regulation 29 compliance. The company's equity shares trading window will reopen on February 6, 2026, following the board meeting and financial results disclosure.

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Crystal Business System Limited (formerly known as Sadhna Broadcast Limited) has announced that its board of directors will convene on February 3, 2026, to review and approve the company's unaudited financial results for the third quarter of fiscal year 2026. The meeting is scheduled in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Details

The board meeting will take place at the company's registered office located at 37, Second Floor, Rani Jhansi Road, Motia Khan, Paharganj, New Delhi-110055. The session is scheduled to commence at 2:00 PM on Tuesday, February 3, 2026.

Meeting Parameter: Details
Date: February 3, 2026
Time: 2:00 PM
Venue: Registered Office, New Delhi
Primary Agenda: Q3FY26 Unaudited Financial Results
Quarter End: December 31, 2025

Meeting Agenda

The board will primarily focus on considering and taking on record the unaudited financial results for the quarter ended December 31, 2025. The agenda also includes provisions for any other business matters that may be deemed necessary by the board members.

Trading Window Reopening

In accordance with regulatory requirements, Crystal Business System Limited has informed that the trading window for the company's equity shares will reopen on February 6, 2026. This reopening follows the standard practice of closing trading windows prior to the announcement of financial results to prevent insider trading.

Company Information

Crystal Business System Limited operates under CIN L92100DL1994PLC059093 and maintains its registered office in New Delhi. The company, previously known as Sadhna Broadcast Limited, is listed on both the Bombay Stock Exchange Limited and the Metropolitan Stock Exchange Limited. The announcement was signed by Managing Director Bal Mukund Tiwari (DIN: 02566683) on January 29, 2026.

Historical Stock Returns for Crystal Business System

1 Day5 Days1 Month6 Months1 Year5 Years
+3.31%+10.00%+8.09%-15.00%-32.00%+59.83%
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