Clarification6 Oct 2026, 02:49 pm
Saven Technologies Clarifies Escrow Payment Mechanism Applicability
AI Summary
Saven Technologies Limited has clarified to the stock exchange that the Escrow Payment Mechanism is not applicable to the company. This is in response to an email dated October 1, 2026, regarding the submission of details for this mechanism. The company stated that it has not issued or does not have any instruments or arrangements for which the said mechanism is applicable under SEBI Regulations. Therefore, no disclosure or submission is required in this respect.
Key Highlights
- Escrow Payment Mechanism not applicable to Saven Technologies.
- Company has no instruments requiring this mechanism.
- No SEBI Regulation mandates submission for the company.
- Clarification provided in response to stock exchange query.
Price Impact
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