Alkali Metals confirms no new encumbrance on shares in FY26

1 min read     Updated on 23 Jun 2026, 03:14 AM
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Alkali Metals Limited confirmed that its promoters and persons acting in concert did not create any new encumbrance on equity shares during the financial year ended March 31, 2026. The disclosure was submitted to the stock exchanges in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The company stated that existing encumbrances over the shares had already been disclosed previously.

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Alkali Metals Limited confirmed that its promoters and persons acting in concert did not create any new encumbrance on equity shares during the financial year ended March 31, 2026. The disclosure was submitted to the stock exchanges in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The company stated that existing encumbrances over the shares had already been disclosed previously.

The declaration was made by Y.S.R. Venkata Rao, a promoter of alkali metals , on behalf of all promoters. The company officials forwarded the disclosure to the National Stock Exchange of India and BSE Limited on April 7, 2026. The filing confirms that no fresh charges were created on the shares held either directly or indirectly by the promoter group during the specified period.

Regulatory Compliance

The submission was made pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. This regulation requires promoters to disclose any encumbrance on shares held by them or persons acting in concert. The communication was addressed to the Vice President of the Listing Department at the National Stock Exchange of India and the General Manager of the Department of Corporate Services at BSE Limited.

Entity Exchange Symbol/Scrip Code
Alkali Metals Limited National Stock Exchange of India ALKALI, Series: EQ
Alkali Metals Limited BSE Limited 533029

The letter was signed by Siddharth Dubey, Company Secretary & Compliance Officer of Alkali Metals Limited. A copy of the promoter's declaration was also marked to the Chairman and the Audit Committee of the company.

Historical Stock Returns for Alkali Metals

1 Day5 Days1 Month6 Months1 Year5 Years
-2.25%-0.05%-5.13%+5.02%-16.52%+16.08%

How will the absence of new encumbrances impact investor confidence in Alkali Metals Limited's financial stability?

What are the potential implications for the company's future capital raising strategies given the current promoter shareholding status?

Could this clean encumbrance status make Alkali Metals Limited a more attractive target for mergers or acquisitions?

Alkali Metals Independent Director resigns citing health reasons

1 min read     Updated on 10 Jun 2026, 12:38 AM
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Alkali Metals Limited announced the resignation of Independent Director Mr. Murali Krishna Chevuturi effective June 8, 2026, citing health reasons and recovery from major surgery. The company confirmed there are no other material reasons for his resignation, and he has ceased to be a member of key board committees including Audit and Nomination and Remuneration.

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Alkali Metals Limited announced that Independent Director Mr. Murali Krishna Chevuturi resigned from his position effective June 8, 2026, due to health reasons. The resignation was submitted under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Chevuturi confirmed that there are no other material reasons for his departure aside from the health issues stated in his resignation letter.

Mr. Murali Krishna Chevuturi was appointed as an Independent Director at the Annual General Meeting held on August 21, 2024. In his resignation letter, he cited a critical health issue diagnosed in October 2025, which required major surgery, noting that he is still recovering and finds it stressful to discharge his duties.

Consequently, Mr. Murali Krishna Chevuturi has ceased to be a member of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee of the company. The Board of Directors acknowledged his contributions during his tenure.

Committee Membership Changes

The resignation resulted in the cessation of Mr. Chevuturi’s roles across key board committees:

Committee Name Status
Audit Committee Ceased to be a member
Nomination and Remuneration Committee Ceased to be a member
Stakeholders Relationship Committee Ceased to be a member

Other Directorships

Disclosures provided to the exchanges indicate that Mr. Chevuturi holds the position of Independent Director in TCI Express Ltd. In this capacity, he serves as the Chairman of the Audit Committee and is a Member of the Nomination and Remuneration Committee.

Historical Stock Returns for Alkali Metals

1 Day5 Days1 Month6 Months1 Year5 Years
-2.25%-0.05%-5.13%+5.02%-16.52%+16.08%

Who will Alkali Metals appoint to fill the vacancies in the Audit and Nomination committees?

Will Mr. Chevuturi's health issues impact his continued role as Independent Director at TCI Express Ltd?

How will the sudden departure of an Independent Director affect the company's near-term governance stability?

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