Navkar Corporation's promoters and persons acting in concert hold a total of 1,20,000 equity shares as of March-end, with no encumbrance on these shares during the fiscal year. The shareholding consists mainly of two individuals holding 60,000 shares each, representing 0.04% each. The company has applied for a reclassification of certain promoters and promoter group members, which is currently pending approval. This clarification on promoter holdings assures shareholders of stable, unencumbered promoter equity and potential changes in promoter status ahead.