Adani Enterprises confirms no encumbrance on Ambuja Cements shares in FY26
Adani Enterprises Limited declared no encumbrance on Ambuja Cements Limited shares for FY26 under SEBI regulations. The promoter group held 1,67,20,81,052 shares as on March 31, 2026, with Holderind Investments Limited being the largest holder.

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Adani Enterprises Limited has confirmed that it did not create any encumbrance on the shares of Ambuja Cements Limited during the financial year ended March 31, 2026. The declaration, submitted to the stock exchanges, is pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure ensures transparency regarding the holding status of the promoter group entity.
The shareholding details of the promoter and promoter group of Ambuja Cements Limited were disclosed as on March 31, 2026. The total holding of the promoter group stood at 1,67,20,81,052 shares. This includes shares held directly by the promoter and entities within the promoter group.
Shareholding Breakdown
The following table details the shareholding pattern of the promoter and promoter group as of the specified date:
| Sr. No. | Details of Promoter / Promoter Group | Number of Shares |
|---|---|---|
| Promoter: | ||
| 1. | Endeavour Trade and Investment Limited | 7,02,442 |
| 2. | Holderind Investments Limited | 1,18,52,00,361 |
| Promoter Group: | ||
| 3. | Harmonia Trade and Investment Limited | 47,74,78,249 |
| 4. | Adani Enterprises Limited | 87,00,000 |
| Total | 1,67,20,81,052 |
Regulatory Compliance
The filing explicitly states that no encumbrance was created directly or indirectly during the financial year, other than those already disclosed to the exchanges. This confirmation is a mandatory requirement under the takeover regulations to monitor the pledging or hypothecation of shares by promoters. The document was signed by Jatin Jalundhwala, Company Secretary & Joint President (Legal) of Adani Enterprises Limited.
Historical Stock Returns for Ambuja Cements
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.89% | -0.33% | -4.33% | -20.96% | -22.54% | +33.08% |
Will the absence of share encumbrance encourage Adani Enterprises to increase its stake in Ambuja Cements in the upcoming fiscal year?
How might this clean holding status impact Adani's ability to raise capital using Ambuja Cements shares as collateral in the future?
Could this disclosure signal a shift in Adani Group's strategy towards reducing leverage across its subsidiary holdings?


































