Ajax Engineering disclosed that its promoters and promoter group have not created any encumbrance on their shares during the financial year ended March 31, 2026. The confirmation was submitted to the stock exchanges on April 9, 2026, in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulation, 2011. This regulatory requirement mandates promoters to declare whether any shares held by them, the promoter group, or persons acting in concert have been encumbered directly or indirectly during the specified period.

The filing confirmed that neither the promoters nor the promoter group created any such encumbrance during FY26. The disclosure was signed by promoters Krishnaswamy Vijay and Jacob Jiten John on behalf of the entire promoter and promoter group. The document was addressed to BSE Limited and the National Stock Exchange of India Limited, with copies marked to the Audit Committee of ajax engineering .

The submission included Annexure A, which provides a detailed breakdown of the promoter and promoter group entities. The list comprises individual promoters, corporate promoters, and other members of the promoter group. The total count of listed entities and individuals in the promoter structure is 44.

Promoter and Promoter Group Structure

The following table outlines the composition of the promoter and promoter group as disclosed in the filing:

Ajax Engineering Limited appointed Mr. Ketan Pendse as its Chief Financial Officer effective June 2, 2026, succeeding Mr. Ganesh B J who resigned as Interim Chief Financial Officer. The Board of Directors approved the leadership change based on the recommendations of the Nomination and Remuneration Committee and in consultation with the Audit Committee. The decision ensures continuity in the finance function following a transition period.

Mr. Ganesh B J stepped down from the interim position effective immediately on June 2, 2026. He had assumed the role to provide leadership during the transition pending the appointment of a permanent Chief Financial Officer. With the new appointment, the company stated that the purpose of the interim assignment had been fulfilled.

Mr. Ketan Pendse brings over 24 years of experience across finance, treasury, governance, and risk management in engineering and capital equipment sectors. Prior to joining Ajax Engineering, he served as Chief Financial Officer and Whole Time Director at TKIL Industries Pvt. Ltd., formerly known as Thyssenkrupp Industries India. He has also held roles at Ranadey Agro Limited and Dow Corning India Pvt. Ltd.

The Board meeting commenced at 6:30 PM and concluded at 07:27 PM on June 2, 2026. The disclosures were made pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the relevant SEBI Master Circular.

Mr. Pendse is a Chartered Accountant with expertise in controllership, taxation, and enterprise risk management. The company confirmed that he has no relationships with the Directors of Ajax Engineering Limited.