Marvel Decor Promoters Declare No Share Encumbrance in FY 2025-26

Marvel Decor Limited received a declaration from its promoter group confirming that no equity shares of the company were encumbered during the financial year 2025-26. The disclosure, submitted to the National Stock Exchange of India Limited on April 04, 2026, was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The declaration was filed by Ashok R. Paun on behalf of the promoters and promoter group, including persons acting in concert. It explicitly states that there has been no direct or indirect encumbrance of the company's equity shares throughout the specified financial period.

Promoter and Promoter Group Details

The disclosure identifies the individuals comprising the promoter and promoter group of Marvel Decor Limited . The list includes key stakeholders who are subject to the regulatory compliance regarding share holdings.

Category	Name
Promoter	Ashok Ramniklal Paun
Promoter	Dipak Ramniklal Paun
Promoter Group	Urmi Ashok Paun
Promoter Group	Dipti Dipak Paun
Promoter Group	Manyataben Dipakbhai Paun
Promoter Group	Manan Paun
Promoter Group	Khwahish Ashok Paun

The communication was addressed to the National Stock Exchange and copied to the company and its Audit Committee for official records.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.20%	0.0%	-0.89%	-47.34%	-49.08%	+78.89%

Marvel Decor Limited has announced the receipt of an export purchase order worth approximately INR 2.32 Crore from an international entity, as disclosed to the National Stock Exchange of India Limited on 14/05/2026. The disclosure was made under Regulation 30 read with Schedule III, Part A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The order has been secured through the company's ROW Division, which caters to Rest of the World markets excluding India and GCC.

Order Details

The purchase order involves the supply of Motorised Curtains and Blinds on regular business terms. The identity of the entity awarding the order has been kept confidential. The key parameters of the order are summarised below:

Parameter:	Details
Order Value:	INR 2.32 Crore
Nature of Order:	Regular Purchase Order of Motorised Curtains and Blinds
Awarding Entity:	International Entity (Confidential)
Market Segment:	ROW Division (Rest of the World, excluding India and GCC)
Execution Timeline:	Scheduled to be executed within a period of 2 months
Related Party Transaction:	No
Promoter/Group Interest in Awarding Entity:	No

Compliance and Disclosure

The disclosure was made in accordance with SEBI Master Circular No. HO/49/14/14(7)2025-CFDP0D2/I/3762/2026 dated January 30, 2026. Marvel Decor Limited has confirmed that neither the promoter nor the promoter group nor any group companies hold any interest in the entity that awarded the order. The company has further clarified that the order does not fall within the scope of related party transactions.

The filing was submitted by Mayursinh O. Gohil, Company Secretary (Membership No. A69149), on behalf of Marvel Decor Limited, headquartered at Plot No. 210/211, G.I.D.C Phase - II, Dared, Jamnagar - 361004, Gujarat, India.