Baba Food Processing confirms no encumbrance on promoter shares in FY26

1 min read     Updated on 12 Jun 2026, 09:32 AM
scanx
Reviewed by
Ashish TScanX News Team
AI Summary

Baba Food Processing (India) Limited filed a declaration with the National Stock Exchange confirming that promoters Binita Sahu and Yogesh Kumar Sahu have not encumbered any shares during the financial year ended March 31, 2026. The disclosure, submitted by Company Secretary Sonal Agarwal, complies with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

powered bylight_fuzz_icon
42782509

*this image is generated using AI for illustrative purposes only.

Baba Food Processing (India) Limited has confirmed that its promoters have not created any encumbrance on their shareholdings during the financial year ended March 31, 2026. This disclosure ensures that the share capital pledged by the promoters remains free of charges, which is a key indicator of financial stability for shareholders. The declaration was submitted to the National Stock Exchange of India Ltd in compliance with regulatory requirements.

The filing was made under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation mandates that promoters disclose any encumbrance created on their shares, providing transparency regarding the leverage of the company's primary owners. The absence of such encumbrances indicates that the promoters have not used their equity stakes as collateral for loans during the specified period.

The declaration was signed by Binita Sahu, Promoter and Whole-time Director of the company. She confirmed the status on behalf of herself and fellow promoter Yogesh Kumar Sahu. The document was formally submitted to the exchange by Sonal Agarwal, the Company Secretary and Compliance Officer, on April 03, 2026.

Key Details of the Filing

Detail Information
Regulation Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Financial Year Year ended March 31, 2026
Encumbrance Status No encumbrance made directly or indirectly
Promoters Mrs. Binita Sahu, Mr. Yogesh Kumar Sahu

The confirmation covers the promoters and persons acting in concert with them. By verifying that no shares were pledged or otherwise encumbered, baba food processing has met its disclosure obligations for the financial year. The document serves as a formal record for the exchange and the company's shareholders.

Historical Stock Returns for Baba Food Processing

1 Day5 Days1 Month6 Months1 Year5 Years
+0.22%-8.63%-13.50%-30.53%-41.96%-68.49%

How will the absence of promoter pledging influence investor confidence and Baba Food Processing's stock liquidity in the upcoming quarter?

Does this clean encumbrance status position the company to secure better financing terms for future expansion projects?

What are the management's capital allocation priorities given that promoters are not leveraging their equity for personal loans?

Baba Food Processing discloses FY26 related party transactions

1 min read     Updated on 02 Jun 2026, 12:42 AM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

Baba Food Processing (India) Limited disclosed related party transactions for FY26, including loans, salaries, and purchases. Key transactions involved subsidiaries and key managerial personnel. Outstanding balances as of March 31, 2026, were also detailed.

powered bylight_fuzz_icon
41886717

*this image is generated using AI for illustrative purposes only.

Baba Food Processing (India) Limited has disclosed its related party transactions for the financial year ended March 31, 2026, in accordance with Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing, submitted to the National Stock Exchange of India, outlines significant transactions with subsidiaries, key managerial personnel, and other related entities. The disclosure highlights financial interactions such as loans, salary payments, rent, and purchases made during the year.

The related parties identified include subsidiary Panchakanya Foods Pvt Ltd, individuals exercising control such as Mr. Yogesh Kumar Sahu and Mrs. Binita Sahu, and entities like YKS Warehousing & Logistics Pvt. Ltd. Key managerial personnel listed are Mr. Yogesh Kumar Sahu (Director), Mr. Rajesh Agrawal (Former Director & CFO, resigned on June 9, 2025), and Mrs. Binita Sahu (Director).

Significant Transactions During FY26

The company reported several financial transactions with related parties during the year. Salary payments to directors included ₹13,60,000 to Mr. Yogesh Kumar Sahu, ₹8,00,000 to Mr. Rajesh Agrawal, and ₹713,333 to Mrs. Binita Sahu. Rent payments amounted to ₹306,000 to Mr. Yogesh Kumar Sahu and ₹412,258 to YKS Warehousing & Logistics Private Limited.

Purchases from YKS Warehousing & Logistics Pvt. Ltd. totaled ₹7,75,75,052. Loan transactions included a receipt of ₹55,55,000 from Mr. Yogesh Kumar Sahu and a repayment of ₹48,25,000. The company also received a loan of ₹10,00,000 from YKS Warehousing & Logistics Private Limited and repaid ₹19,90,000 to Mrs. Binita Sahu.

Loans and Interest with Subsidiary

Transactions with subsidiary Panchakanya Foods Private Limited included a loan given of ₹18,93,38,000 and a repayment of ₹40,00,000. Interest received from the subsidiary amounted to ₹1,63,29,399.

Outstanding Balances as of March 31, 2026

The disclosure also detailed the outstanding balances at the end of the financial year. Borrowings from Director Mr. Yogesh Kumar Sahu stood at ₹73,00,000. Land rent payable to Mr. Yogesh Kumar Sahu was ₹25,500. Director remuneration payable included ₹20,000 each to Mr. Yogesh Kumar Sahu and Mrs. Binita Sahu. A loan of ₹10,00,000 from YKS Warehousing & Logistics Private Limited remained outstanding.

Historical Stock Returns for Baba Food Processing

1 Day5 Days1 Month6 Months1 Year5 Years
+0.22%-8.63%-13.50%-30.53%-41.96%-68.49%

How will the resignation of the former CFO impact the company's financial governance and future strategic planning?

What is the strategic rationale behind the significant reliance on YKS Warehousing & Logistics for purchases and outstanding loans?

Does the outstanding loan of ₹18.93 crores to the subsidiary Panchakanya Foods indicate a need for liquidity support or expansion funding?

More News on Baba Food Processing

1 Year Returns:-41.96%