NewsSat Kartar Life Limited Promoters Declare No Share Encumbrance for Financial Year Ended March 31, 2026Sat Kartar Life Limited Promoters Declare No Share Encumbrance for Financial Year Ended March 31, 2026
Sat Kartar Life Limited (formerly Sat Kartar Shopping Limited) has filed a declaration with NSE confirming that its promoters and persons acting in concert have not made any encumbrance on their shares for the financial year ended March 31, 2026. The declaration was submitted by promoter Manprit Singh Chadha on April 1, 2026, and forwarded to NSE by Company Secretary Sonal Seth on April 3, 2026. The filing is in accordance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Sat Kartar Shopping Limited, now operating as Sat Kartar Life Limited, has submitted a regulatory declaration to the National Stock Exchange of India Limited (NSE) confirming that its promoters and persons acting in concert (PAC) have not created any encumbrance on their shareholding in the company during the financial year ended March 31, 2026. The filing was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Declaration Details
Promoter Manprit Singh Chadha submitted the declaration on April 1, 2026, on behalf of himself, the promoter group, and all persons acting in concert with the company. The declaration affirms that no encumbrance — direct or indirect — has been made on the shares held in Sat Kartar Life Limited, other than those already disclosed during the financial year, if any.
The key details of the filing are summarised below:
| Parameter: | Details |
|---|---|
| Company Name: | Sat Kartar Life Limited (Formerly known as Sat Kartar Shopping Limited) |
| Regulation: | Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 |
| Financial Year: | Ended March 31, 2026 |
| Declarant: | Manprit Singh Chadha, Promoter |
| Declaration Date: | April 1, 2026 |
| Submission Date to NSE: | April 3, 2026 |
| Submitted By: | Sonal Seth, Company Secretary & Compliance Officer |
| Exchange: | National Stock Exchange of India Limited |
Regulatory Compliance
The declaration was forwarded to the NSE Listing Compliance Department by Sonal Seth, Company Secretary and Compliance Officer (Membership No. F13949), from the company's registered office in New Delhi. The submission was digitally signed and dated April 3, 2026. The declaration was also addressed to the Audit Committee of Sat Kartar Life Limited at its office at 603, 6th Floor, Mercantile House, KG Marg, New Delhi, Delhi, India, 110001.
This filing represents a standard annual compliance requirement under SEBI's Takeover Regulations, mandating promoters to disclose the encumbrance status of their shareholding to stock exchanges and the company's audit committee at the end of each financial year.
Historical Stock Returns for Sat Kartar Life
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.89% | -1.45% | +16.00% | +3.25% | +40.36% | +22.07% |
What strategic business changes prompted the rebranding from Sat Kartar Shopping Limited to Sat Kartar Life Limited, and how might this shift impact the company's market positioning?
How does the clean encumbrance record of promoters influence investor confidence and potential institutional interest in Sat Kartar Life Limited going forward?
Are there any planned changes in promoter shareholding structure or potential acquisitions that could affect the company's ownership dynamics in the upcoming financial year?
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