Sanghvi brands has submitted its mandatory annual disclosure under SEBI's takeover regulations, with promoter Disha Narendra Sanghvi confirming no encumbrance on her equity shareholding during the financial year 2025-2026. The disclosure was filed with BSE Limited on April 9, 2026, in compliance with regulatory requirements.

Promoter Share Encumbrance Declaration

Disha Narendra Sanghvi, promoter of Sanghvi Brands Limited, has formally declared that she created no encumbrance on her shares during FY26. The disclosure provides specific details about her shareholding position and compliance status.

Regulatory Compliance Framework

The disclosure was made pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. This regulation mandates annual disclosures from promoters regarding any encumbrance created on their shareholdings during the financial year. The filing ensures transparency in promoter shareholding patterns and compliance with securities market regulations.

Filing Details and Documentation

Company Secretary and Compliance Officer Aman Sharma facilitated the regulatory filing on behalf of Sanghvi Brands Limited. The documentation was digitally signed and submitted to BSE Limited, referencing the company's scrip code 540782 and trading symbol SBRANDS.

The promoter's declaration was submitted directly to both BSE Limited and the company's Audit Committee, ensuring comprehensive regulatory compliance. Disha Narendra Sanghvi digitally signed her disclosure on April 8, 2026, confirming that no encumbrance was created on her shares either directly or indirectly during the specified financial year.

Sanghvi Brands Limited has issued a formal response to BSE Limited regarding an inquiry about price movement in the company's scrip. The response, dated April 8, 2026, addresses concerns raised by the exchange about recent trading activity.

Company's Clarification on Disclosure Compliance

The company has confirmed that it has furnished all necessary information to the exchanges as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This includes all events and price-sensitive information that could impact the company's operations or performance.

No Material Information Withheld

Sanghvi Brands Limited has explicitly stated that it has not withheld disclosure of any material information or events. The company also confirmed that there are no impending announcements that may have a bearing on the price or volume behavior in its scrip.

Market-Driven Volume Increase

The management has attributed the recent increase or spurt in trading volume to prevailing market conditions. The company emphasized that such market-driven activities are beyond its control and appear to be purely based on market dynamics rather than any specific corporate developments.

Commitment to Corporate Governance

The company has reiterated its commitment to maintaining the highest standards of corporate governance and regulatory compliance. Sanghvi Brands Limited stated that it gives utmost priority to regulatory compliances, demonstrating its dedication to transparency and proper disclosure practices.

The response letter, signed by Compliance Officer and Company Secretary Aman Sharma, has been simultaneously uploaded on the company's website at www.sanghvibrands.com for public access and transparency.