The promoters of Dharan Infra-EPC Limited have confirmed that they did not create any encumbrance on their shares during the financial year ended March 31, 2026. This disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The declaration ensures that the shareholding remains free from charges other than those previously disclosed.

The confirmation was provided on behalf of all promoters and the promoter group of Heads Up Ventures Limited. It explicitly includes persons acting in concert. The statement clarifies that no direct or indirect encumbrance was created other than those already reported to the exchanges.

List of Promoter and Promoter Group

The filing identified the following individuals as members of the promoter and promoter group:

The declaration was signed by Laxman Karda on behalf of the entire promoter and promoter group. The disclosure is part of the regulatory compliance requirements for the company, which is currently under the Corporate Insolvency Resolution Process (CIRP).

Dharan Infra-EPC Limited (previously known as KBC Global Limited) has informed the stock exchanges of the resignation of Mrs Prachi Aditya Sakpal from her position as Independent Director of the company, with effect from May 8, 2026. The disclosure was made pursuant to the applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, under Regulation 30.

Resignation Details

The company received a resignation letter from Mrs Prachi Aditya Sakpal, who cited her inability to devote sufficient time due to personal commitments as the reason for stepping down in the official regulatory filing. The company has stated that there are no other material reasons for the said resignation. Key details of the development are summarised below:

Resignation Communication

The resignation letter was submitted by Mrs Prachi Aditya Sakpal directly to the company via email on May 8, 2026. In her email communication, she described her role as Non-Executive Director and cited personal and professional reasons for her departure, requesting the company to take the resignation on record and complete all necessary formalities at the earliest. She also confirmed that she does not hold any directorship or committee position in any other company.

Regulatory Disclosure

The intimation to the stock exchanges was signed by Mayura Marathe, Company Secretary (Membership No. 44678), on behalf of Dharan Infra-EPC Limited, which is currently under Corporate Insolvency Resolution Process (CIRP). The company's registered office is located at 2nd Floor, Gulmohar Status, Samarth Nagar, Nashik, and its corporate office is situated at Sakruja Commercial Complex, Tilak Road, Muktsiram, Nashik Road, Nashik.