
Promoters of Minolta Finance Ltd Declare No Encumbrance on Shares for Financial Year 2025-26
Minolta Finance Ltd has confirmed that no encumbrance was created, directly or indirectly, on the shares held by its promoters during the financial year 2025-26. This declaration concerns Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.The declaration was submitted by Pramod Kumar Srivastva, on behalf of Sugam Commercial Private Limited, a promoter of Minolta Finance Ltd, for self and on behalf of the Promoter Group and Person Acting in Concert (PAC).
The submission confirms that no encumbrance has been created directly or indirectly on the shares held by the promoters in the company during the Financial year 2025-26.
The list includes several entities operating as Promoters/Promoter Group, details of which are provided below:
| Sr. No | Name of Promoter/Promoters Group | Category |
|---|---|---|
| 1. | Ashok Kumar Goenka | Promoter |
| 2. | Malti S Kothari | Promoter |
| 3. | Rajiv S Kothari | Promoter |
| 4. | Rajkumar Goenka | Promoter |
| 5. | Shova Goenka | Promoter |
| 6. | Advance Fabrication Private Limited | Promoter |
| 7. | Hanuman Exports And Resources Private Limited | Promoter |
| 8. | Marshall Commodities Private Limited | Promoter |
| 9. | Sati Trexim Private Limited | Promoter |
| 10. | Sugam Commercial Private Limited | Promoter |
| 11. | Sun Flower Vinimay Private Limited | Promoter |
The declaration was made in Mumbai by Pramod Kumar Srivastva, Director/Authorized Signatory of Sugam Commercial Private Limited (on behalf of Sugam Commercial Private Limited).
Stock Price Movement
As of 11:57, Minolta Finance Ltd is edging higher, with the shares trading at ₹1.64 after seeing a strong gain of 4.46%. The stock remains completely locked within its current range, as the intraday high and low are both marking ₹1.64.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.