Saraswati Saree Depot Ltd promoter confirms no encumbrance on shares in FY26
Saraswati Saree Depot Ltd promoter Rajesh Sujandas Dulhani confirmed no encumbrance on shares for FY ended March 31, 2026. The disclosure was made to BSE and NSE under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

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Saraswati Saree Depot Ltd promoter Rajesh Sujandas Dulhani confirmed that there has been no creation, invocation, or release of encumbrance on any shares held by him along with persons acting in concert during the financial year ended March 31, 2026. This declaration provides assurance to shareholders regarding the status of the promoter's holdings against pledged assets, which is a key indicator of financial stability and governance.
The disclosure was submitted to BSE Limited and National Stock Exchange of India Ltd. in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The regulation mandates promoters to report any changes in the encumbrance status of their holdings to ensure transparency in the market.
Filing Details
The confirmation was signed by Rajesh Sujandas Dulhani, a promoter of the company, on April 3, 2026, at Kolhapur. The filing was addressed to the stock exchanges and copied to the Board of Directors of Saraswati Saree Depot Ltd.
| Detail | Information |
|---|---|
| Promoter Name | Rajesh Sujandas Dulhani |
| DIN | 09104989 |
| Financial Year | Ended March 31, 2026 |
| Regulation | Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 |
| BSE Scrip Code | 544230 |
| NSE Scrip Symbol | SSDL |
Historical Stock Returns for Saraswati Saree Depot
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.16% | -1.36% | -4.29% | -27.71% | -43.26% | -72.26% |
How might the absence of pledged shares influence investor confidence and institutional interest in Saraswati Saree Depot Ltd moving forward?
Does this clean encumbrance status position the company for potential capital raising or acquisition strategies in the upcoming fiscal year?
How will this disclosure impact the company's credit ratings and its ability to secure favorable borrowing terms compared to peers with pledged promoter holdings?































