The promoters and promoter group of Sattva Engineering Construction Limited have filed a statutory declaration under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, confirming that no encumbrance—direct or indirect—was created on any of their equity shares during the financial year ended March 31, 2026. The declaration, dated April 3, 2026, was submitted to NSE Limited and addressed to the Members of the Audit Committee of the company. The filing was made on behalf of all promoters and promoter group entities as defined under Regulation 2(1)(q) of the said Regulations.

Key Declarations Made

The declaration covers two specific affirmations made by the promoters and promoter group:

• No encumbrance, direct or indirect, was created on any equity shares of Sattva Engineering Construction Limited held by the promoter and promoter group at any time during the financial year ended March 31, 2026.
• No encumbrance of any nature whatsoever exists on the equity shares held by the promoter and promoter group, either directly or indirectly, as on the date of the declaration, i.e., April 3, 2026.

The declaration was signed by Santhanam Seshadri and Rajagopal Sekar, both identified as Promoters of the company, from Chennai.

Promoter and Promoter Group Composition

The filing includes a comprehensive list of 38 individuals and entities forming the promoter and promoter group of Sattva Engineering Construction Limited as on March 31, 2026. The table below details the complete composition:

Regulatory Context

This declaration is a mandatory annual compliance requirement under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Promoters of listed companies are required to submit such declarations to the stock exchanges confirming the encumbrance status of their shareholding. The filing was placed before NSE Limited and the Audit Committee of Sattva Engineering Construction Limited for their records.

Sattva Engineering Construction has reported impressive financial results for FY 2024-25, demonstrating strong operational performance and market growth. The company's latest financial disclosure reveals substantial progress in revenue generation, marking a significant milestone in its business trajectory.

Financial Performance Highlights

The company achieved a turnover of ₹88.00 crores during FY 2024-25, representing a notable increase from the ₹65.00 crores recorded in the corresponding period of the previous financial year. This performance translates to a robust growth rate of 35%, indicating strong business momentum and effective execution of the company's strategic initiatives.

Business Growth Analysis

The 35% year-on-year growth demonstrates Sattva Engineering Construction's ability to capitalize on market opportunities and expand its operational capacity. The ₹23.00 crore increase in turnover reflects the company's enhanced project execution capabilities and successful client acquisition strategies. This growth trajectory positions the company favorably within the competitive engineering and construction landscape.

Market Position

The strong financial performance underscores Sattva Engineering Construction's strengthening market position and operational efficiency. The company's ability to achieve such significant growth indicates effective project management, quality service delivery, and successful business development initiatives. This performance metric serves as a positive indicator of the company's financial health and growth potential in the engineering and construction sector.