Melstar Information Technologies Limited — Important, 09-04-2025: Updates

Shivasons Solutions India Private Limited, a promoter of Melstar Information Technologies Limited, has disclosed its shareholding status in the company, confirming ownership of 26,42,000 equity shares, representing 94.57% of total shares. The report states that there have been no encumbrances on these shares, either directly or indirectly, during the financial year ending March 31, 2025. This affirmation provides clarity on the stability of Shivasons as a promoter, which could potentially boost investor confidence given the high level of shareholding maintained. Stakeholders should watch closely for any implications this may have on future governance and strategic decisions.