Mahaalaxmi Texpro Limited, formerly known as Abhishek Corporation Limited, through its promoter Anjali A Mohite, has submitted a declaration under Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The declaration confirms that neither the promoter nor any person acting in concert (PAC) has pledged or created any encumbrance on the equity shares held in the company, either directly or indirectly, during the financial year ended March 31, 2026. The company was under liquidation pursuant to an NCLT order dated March 11, 2019. Subsequently, the Hon'ble NCLT, by an order dated January 25, 2024, and the Liquidator, via a sale certificate dated March 11, 2024, sold the company as a going concern to Mahaalaxmi Textile. Several corporate actions, including the cancellation of shares of previous promoters, reduction of shares held by the public, consolidation of shares, and allotment of shares to new promoters, are currently in process with the Registrar of Companies (ROC), Stock Exchanges, and Depositories. The extinguishment of shares of the old promoters is yet to be reflected in the databases of ROC and depositories, which is why this declaration is being submitted for compliance purposes.
