Residential- Commercial Projects
Monthly Update4 April 2026 at 01:11 pm

Vivid Mercantile Ltd: Promoters Declare No Encumbrance on Shares Under SEBI Regulation 31(4)

AI Summary

In accordance with Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, Mr. Satishkumar Ramanlal Gajjar, Managing Director and Promoter of Vivid Mercantile Limited, has declared on behalf of the promoters and promoter group that no encumbrance has been made on the shares of Vivid Mercantile Limited during the financial year 2025-26. This declaration is a requirement under the SEBI regulations to ensure transparency and disclosure of significant shareholding in listed companies.

Key Highlights

  • Vivid Mercantile Ltd promoters declare no encumbrance on shares under SEBI Regulation 31(4)
  • Declaration made by Mr. Satishkumar Ramanlal Gajjar, Managing Director and Promoter
  • Disclosure made for self and on behalf of other promoters and promoter group
  • No encumbrance made on shares of Vivid Mercantile Limited during the financial year 2025-26
  • Declaration is in accordance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011