Mobilise App Lab promoters declare no encumbrance in FY26

1 min read     Updated on 07 Jul 2026, 09:08 AM
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Reviewed by
Riya DScanX News Team
AI Summary

Mobilise App Lab disclosed that its promoters and promoter group did not create any encumbrance on shares during the financial year ended March 31, 2026. The declaration was submitted to the National Stock Exchange under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The filing confirms that no shares were pledged directly or indirectly by the promoter group throughout the period.

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*this image is generated using AI for illustrative purposes only.

Mobilise App Lab disclosed that its promoters and promoter group did not create any encumbrance on shares during the financial year ended March 31, 2026. The declaration, submitted to the National Stock Exchange, confirms that no shares were pledged directly or indirectly by the promoter group throughout the period. This compliance filing provides assurance to investors regarding the unencumbered status of the promoter holdings during FY26.

The disclosure was made in accordance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. Ashish Sharma, Promoter & Managing Director, submitted the declaration on behalf of the promoter and promoter group. The filing lists 19 individuals and entities belonging to the promoter group, including Mindvolt Systems Private Limited and Mobilise IE Firm.

Promoter and Promoter Group Details

The following table outlines the members of the promoter and promoter group as per the filing:

S. No. Name Category
1. Ashish Sharma Promoter
2. Manish Sharma
3. Smriti Sharma
4. Kripa Shanker Sharma Promoter Group
5. Kusum Lata Sharma
6. Parul Sharma
7. Suresh Kumar Sharma
8. Akshay Sharma
9. Swatantra Kumar Sharma
10. Sushma Sharma
11. Gagan Sharma
12. Pankaj Sharma
13. Aditi Sharma*
14. Deepti Sharma*
15. Shaurya Sharma**
16. Shreya Sharma**
17. Virat Sharma**
18. Mindvolt Systems Private Limited
19. Mobilise IE Firm

*Exemption from SEBI for PAN **PAN Not applied for

Historical Stock Returns for Mobilise App Lab

1 Day5 Days1 Month6 Months1 Year5 Years
+0.13%+13.76%+33.79%+75.04%+75.04%+75.04%

Will the unencumbered status of promoter holdings encourage Mobilise App Lab to pursue new capital raising or debt instruments in FY27?

How might this clean shareholding structure impact investor confidence and stock liquidity in the upcoming trading sessions?

Are there any strategic acquisitions or expansion plans on the horizon that could alter the promoter group's capital requirements?

Mobilise App Lab director tenure concludes on June 24

1 min read     Updated on 25 Jun 2026, 05:15 PM
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Ashish TScanX News Team
AI Summary

Mobilise App Lab Independent Director Prashant Veer Singh ceased to be a director with effect from the close of business hours on June 24, 2026, following the completion of his tenure. The company informed the National Stock Exchange of India Limited regarding this change pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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*this image is generated using AI for illustrative purposes only.

Mobilise App Lab Independent Director Prashant Veer Singh ceased to be a director with effect from the close of business hours on June 24, 2026, following the completion of his tenure. The company informed the National Stock Exchange of India Limited regarding this change pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company disclosed that the term of appointment of Mr. Prashant Veer Singh (DIN: 08235442) as a Non-Executive Independent Director was completed. Consequently, he vacated the office on the specified date. Mobilise App Lab Limited expressed its appreciation for the valuable guidance and contributions rendered by Mr. Singh during his association with the company.

The disclosure was made in compliance with Regulation 30 of the Listing Regulations read with SEBI Circular no. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. The required details regarding the cessation were provided in an enclosed annexure.

Details of Cessation

S. No. Particulars Details
1. Reason for Change Completion of tenure as a Non-Executive Independent Director.
2. Date of Cessation With effect from the close of business hours on June 24, 2026.
3. Brief Profile Not Applicable
4. Disclosure of Relationships Not Applicable

Historical Stock Returns for Mobilise App Lab

1 Day5 Days1 Month6 Months1 Year5 Years
+0.13%+13.76%+33.79%+75.04%+75.04%+75.04%

Who will Mobilise App Lab appoint to replace Prashant Veer Singh, and how will this impact the board's governance strategy?

Will the departure of the Independent Director influence the company's upcoming quarterly earnings or strategic direction?

How does the market perceive this leadership change, and could it affect investor confidence in the short term?

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