Landmark Cars Files Regulation 31(4) SAST Disclosure on Promoter Shareholding
Sanjay Karsandas Thakker holds the largest stake within the promoter group with 1.5 crore shares (1,50,69,768 shares). Other key shareholders include Ami Sanjay Thakker from the promoter group with 53,34,848 shares, and promoters Udayan Karsandas Thakker and Richa Udayan Thakker, each holding 65,000 shares. The filing confirms no encumbrances were created on these shares during FY26. The declaration was signed by Sanjay Karsandas Thakker on behalf of the promoter and persons acting in concert.
Why it mattersRoutine periodic disclosures under SAST Regulations require legal teams to ensure timely cross-filing to NSE/BSE and accurate substantiation of PAC status in promoter structures-particularly where family entities hold material stakes.
SectorConsumer & Retail
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Sources
- NSE Archives · official
- Scanx (citing NSE/BSE disclosures)
- Screenr.in (LODR Compliance Dashboard)
- Landmark Group official website · official
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