Company Update

Innovatus Entertainment Networks announced that its Promoters and Persons Acting in Concert have affirmed they did not create any new pledges or encumbrances on their shares during the recent financial year, beyond what was already reported.

This declaration provides clarity to investors regarding the stability of promoter shareholdings.

For shareholders, this signifies a consistent approach from key stakeholders and suggests underlying financial stability, as the absence of new encumbrances can be a positive indicator of promoter confidence in the company's future.