Disclosure under SEBI Takeover Regulations

Future Market Networks Limited (FMNL) announced a disclosure under SEBI Takeover Regulations. Vivek Biyani, a member of the promoter group, submitted an annual declaration as required by Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This declaration confirms that neither he nor other promoters or persons acting in concert have made any further undisclosed encumbrances (like pledges) on their shares during the financial year. For investors, this ensures transparency regarding promoter shareholdings and indicates no new, unreported financial leverage or stress related to their stock.