Saven Technologies Limited
Saven Technologies Limited has submitted a formal communication to BSE Limited's Listing Compliance Department regarding the non-applicability of escrow payment mechanism requirements.
The letter is in response to an email received from BSE dated October 1, 2026, which requested submission of details relating to the Escrow Payment Mechanism.
The company clarifies that the requirement for submission of the Escrow Payment Mechanism is not applicable to Saven Technologies Limited as the company has not issued and does not have any instruments or arrangements for which this mechanism is applicable under the relevant SEBI Regulations.
The communication specifically references Para 4 of Continuous disclosures and compliances by listed entities under SEBI (Issue and Listing of Municipal Debt Securities) Regulations, vide circular number SEBI/HO/DDHS/CIR/P/2015/34/2019 dated November 13, 2019.
Accordingly, the company states that no disclosure or submission is required in this respect and requests BSE to take this clarification on record.
The letter is digitally signed by Vasista Raghava Padmannagari, Company Secretary of Saven Technologies Limited, on October 6, 2026 at 14:43:35 IST.