FSN E-Commerce Ventures Limited's promoters, including Falguni Nayar, Sanjay Nayar, Falguni Nayar Family Trust, and Sanjay Nayar Family Trust, along with Persons Acting in Concert, have declared that no shares of the company have been encumbered, directly or indirectly, during the financial year ended March 31, 2026. This declaration is made in accordance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The promoters further confirmed that as of March 31, 2026, no shares of FSN E-Commerce Ventures Limited were encumbered or pledged by them.