Sahara housing fina corporation Limited has issued a formal response to the Bombay Stock Exchange (BSE) regarding an inquiry about recent price movements in the company's shares. The clarification, dated April 09, 2026, addresses concerns raised by the exchange about stock price behavior.

Company's Response to Exchange Inquiry

The company received a communication from BSE with Letter Reference Number L/SURV/ONL/PV/APJ/2026-2027/3534 dated April 08, 2026, seeking clarification on price movement. In response, the housing finance company emphasized its commitment to regulatory compliance and transparency in all disclosures.

Regulatory Compliance Statement

Sahara Housingfina Corporation stated that it has "regularly and diligently reported all the events material, financial or otherwise to the exchange as required by the law and the listing regulations." The company clarified that it currently has no pending events, information, or announcements that may impact the price behavior of its scrip.

The management emphasized that all filings with regulatory bodies are in full compliance:

• ROC (Registrar of Companies) - All statutory filings current
• SEBI (Securities and Exchange Board of India) - Market regulator compliance maintained
• BSE (Bombay Stock Exchange) - Exchange requirements fulfilled
• RBI (Reserve Bank of India) - Banking sector regulations adhered to
• NHB (National Housing Bank) - Housing finance specific compliances met

Management's Position on Price Movement

The company's leadership, through CEO and Company Secretary D J Bagchi, attributed the observed price movement to market dynamics beyond the company's control. The response stated: "The price movement, it seems is a market play of which we are neither a party nor an element."

This statement indicates that the company does not believe internal factors or undisclosed information contributed to the stock price fluctuations that prompted the exchange's inquiry.

Corporate Governance and Transparency

The response highlighted the company's commitment to maintaining transparency and compliance across all regulatory requirements. The management confirmed that all filings demonstrate "completeness and transparency as well as veracity of the statements made" in accordance with applicable laws and regulations.

The company concluded its response by requesting guidance from BSE on any additional steps that might be necessary to address the exchange's concerns, demonstrating a cooperative approach to regulatory oversight.

Sahara Housing Fina Corporation has completed its regulatory filing under SEBI takeover regulations for the financial year ended March 31, 2026. The company submitted its mandatory disclosure to BSE Limited on April 06, 2026, fulfilling compliance requirements under securities market regulations.

Regulatory Disclosure Details

The filing pertains to Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Company Secretary & Compliance Officer D J Bagchi communicated the disclosure to BSE Limited's Department of Corporate Services, addressing the regulatory requirements for the year ended March 31, 2026.

Promoter Group Declarations

Three promoter group entities submitted individual declarations as part of the disclosure process. Each entity confirmed compliance with regulatory requirements regarding share encumbrance.

Sahara Prime City Limited

Sahara Prime City Limited, with CIN U65921UP1993PLC015170, submitted its declaration on April 01, 2026. The entity is registered at Sahara India Centre, 2, Kapoorthala Complex, Lucknow-226024, Uttar Pradesh. Authorized signatory Prem Samuell Ram (DIN: 02314560) confirmed that as of March 31, 2026, the promoter group members acting in concert have not made any encumbrance of shares, directly or indirectly.

Sahara India Finance and Investment Limited

Sahara India Finance and Investment Limited (CIN-U99999MH1990PLC122159) filed its declaration on April 03, 2026. The company's command office is located at Sahara India Bhawan, 1, Kapoorthala Complex, Lucknow-226024. Authorized signatory Nand Lal (DIN: 00183676) provided the same declaration regarding no encumbrance of shares as of March 31, 2026.

Sahara India Corp Investment Limited

Sahara India Corp Investment Limited (CIN-U67120UP1992PLC014981) also submitted its declaration on April 03, 2026. The entity operates from Sahara India Bhawan, 1, Kapoorthala Complex, Lucknow-226024, Uttar Pradesh. Authorized signatory Vipul Agarwal (DIN: 07135408) confirmed no share encumbrance by promoter and promoter group members as of March 31, 2026.

Compliance Framework

The disclosure fulfills requirements under SEBI's substantial acquisition and takeover regulations. All three promoter group entities declared that members acting in concert have not created any encumbrance on shares, directly or indirectly, as of March 31, 2026. This regulatory filing ensures transparency in promoter shareholding patterns and compliance with securities market regulations governing substantial acquisitions and takeovers.