Happy Square confirms no promoter share encumbrance in FY26

happy square outsourcing services has confirmed that its promoters and promoter group did not create any encumbrance on shares held by them during the financial year ended March 31, 2026. The disclosure, submitted to the National Stock Exchange of India Ltd. on April 06, 2026, confirms compliance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The confirmation was provided by Shraddha A Rajpal, Managing Director and Promoter, on behalf of the promoter and promoter group. The declaration explicitly states that no shares were encumbered directly or indirectly during the specified period. This filing serves as an annual confirmation required under the aforementioned regulations.

Regulatory Filing Details

The submission was addressed to the Listing Department of the National Stock Exchange of India Ltd. located at Bandra Kurla Complex, Mumbai. The document was digitally signed by Shraddha Rajpal, whose Director Identification Number (DIN) is 03613692.

Key Information

Detail	Information
Regulation	Regulation 31(4) of SEBI (SAST) Regulations, 2011
Financial Year	Year ended March 31, 2026
Filing Date	April 06, 2026
Encumbrance Status	None

Happy Square Outsourcing Services Limited, listed under the symbol WHITEFORCE, operates under the brand White Force. The company is registered at Rajpal Tower, Jabalpur, Madhya Pradesh.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	-13.98%	-28.96%	-45.50%	-55.84%	-55.84%

Happy Square Outsourcing Services Limited has secured a contract extension for manpower supply services from the National Bank for Agriculture and Rural Development (NABARD), under the Department of Financial Services. The extension, valued at approximately ₹1.1573 Crore, was awarded on May 13, 2026, and is to be executed over a period of 12 months. The original tenders were first awarded to the company in April 2024.

The company disclosed this development pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in a filing dated May 14, 2026, signed by Whole Time Director Poonam Rajpal.

Contract Details

The following table outlines the key parameters of the contract extension as disclosed by the company:

Parameter:	Details
Awarding Entity:	National Bank for Agriculture and Rural Development (NABARD), Department of Financial Services
Nature of Business:	Ordinary Course of Business
Domestic/International:	Domestic
Scope of Work:	Supply of Manpower Services at the client place as per the work order received
Execution Period:	12 Months
Order Value:	₹1.1573 Crore
Date & Time of Award:	May 13, 2026 at 12:30 PM
Related Party Transaction:	No
Promoter/Group Interest:	No

Key Highlights

The contract is classified as an ordinary course of business transaction.
The awarding entity, NABARD, is a domestic institution under the Department of Financial Services.
There is no promoter, promoter group, or group company interest in the awarding entity.
The transaction does not fall within related party transactions.
The original work orders were first awarded to the company in April 2024, making this a renewal of an existing engagement.

Happy Square Outsourcing Services Limited, which operates under the premium brand White Force, is registered in Jabalpur, Madhya Pradesh. The company was formerly known as Happy Square Outsourcing Services Private Limited.