Micropro Software Solutions Limited has confirmed that no shares held by its promoter group were encumbered during the financial year ended March 31, 2026. This disclosure ensures compliance with regulatory requirements regarding substantial acquisition of shares and takeovers. The declaration was submitted to the National Stock Exchange of India Ltd and the company's Audit Committee.

Sanket Sanjay Mokashi, a member of the promoter group, stated that neither he nor any persons acting in concert created any direct or indirect encumbrance on the shares held in the company during FY26. The confirmation was made in accordance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

The disclosure was addressed to the Manager of the Listing Department at the National Stock Exchange of India Ltd and the Chairman of the Audit Committee of micropro software solutions . The filing serves as an annual declaration required by market regulators to maintain transparency regarding the holdings of key stakeholders.

Regulatory Compliance

The filing explicitly references the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The regulation mandates that promoters disclose any encumbrance on their shares to ensure that the market is aware of any potential changes in the ownership structure or voting rights.

The confirmation from the promoter group member indicates that the shareholding structure remains free from pledged or encumbered shares for the reported period. This information is material for investors assessing the stability of the company's ownership and the risk associated with promoter pledges.