Abhishek Corporation Ltd Declares No Pledge or Encumbrance on Shares in FY 2025-2026

Abhishek Corporation Ltd, formerly known as Mahaalaxmi Texpro Limited, has disclosed under Reg. 31(4) of SEBI (SAST) Regulations 2011 that there is no pledge or encumbrance on equity shares held in the company. The company was under liquidation since 2019 and was sold to Mahaalaxmi Textile as a going concern. Several corporate actions such as cancellation of shares of previous promoters, reduction of shares held by the public, consolidation of shares, and allotment of shares to new promoters are still in process at Registrar of Companies (ROC), Stock Exchanges, and Depositories. The extinguishment of shares of the old promoters is not yet reflecting in the database of ROC and depositories.