BAI-KAKAJI Polymers Promoters Confirm Zero Encumbrance on Shares for FY2025-26 Under SEBI Takeover Regulations
BAI-KAKAJI Polymers Limited filed its annual disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, for the financial year ended 31st March, 2026, with BSE Limited on 05/04/2026. Promoter Balkishan Pandurangji Mundada, on behalf of all promoters, the promoter group, and PAC, confirmed that no encumbrance was created, invoked, or released on any shares during FY2025-26. Key promoters including Mundada Harikishan Pandurangji, Akash Balkishan Mundada, and Balkishan Pandurangji Mundada each hold significant stakes of 24.51% in the company. The filing was submitted by Company Secretary Dheerajkumar Pannalal Tiwari and is in compliance with applicable SEBI regulations.

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BAI-KAKAJI Polymers Limited has filed its mandatory annual disclosure with BSE Limited under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, for the financial year ended 31st March, 2026. The disclosure, dated 05/04/2026, was submitted by the Company Secretary and Compliance Officer, Dheerajkumar Pannalal Tiwari (Membership No. 44510), confirming receipt of the annual encumbrance declaration from the promoters and persons acting in concert (PAC).
Promoter Declaration on Encumbrance
Promoter Balkishan Pandurangji Mundada, acting on behalf of all promoters, the promoter group, and PAC, formally declared that no encumbrance has been created, invoked, or released—directly or indirectly—on any shares held by them during the financial year 2025-26. This declaration is in compliance with the regulatory requirements under SEBI's Takeover Regulations, which mandate annual disclosures from promoters regarding the encumbrance status of their shareholding.
Promoter and PAC Shareholding Details
The disclosure includes a comprehensive list of promoters, promoter group members, and persons acting in concert, along with their respective shareholdings. The following table presents the details as submitted:
| Name of Promoter(s) and PAC: | No. of Shares | % w.r.t. Total Share/Voting Capital |
|---|---|---|
| AKSHAY BALKISHAN MUNDADA | 105900 | 0.49 |
| SNEHA HARIKISHAN MUNDADA | 2100 | 0.01 |
| MUNDADA HARIKISHAN PANDURANGJI | 5247200 | 24.51 |
| AKASH BALKISHAN MUNDADA | 5247170 | 24.51 |
| BALKISHAN PANDURANGJI MUNDADA | 5247200 | 24.51 |
| KIRAN BALKISHAN MUNDADA | 30 | 0.00 |
| PRANAV HARIKISHAN MUNDADA | 2100 | 0.01 |
| PRAJYOT HARIKISHAN MUNDADA | 2100 | 0.01 |
Among the promoter group, Mundada Harikishan Pandurangji, Akash Balkishan Mundada, and Balkishan Pandurangji Mundada each hold 5247200, 5247170, and 5247200 shares, respectively, each representing 24.51% of the total share/voting capital. Akshay Balkishan Mundada holds 105900 shares, accounting for 0.49% of the total capital.
Company Background
BAI-KAKAJI Polymers Limited is incorporated under CIN U22209MH2013PLC246369 and is headquartered at Plot No. M3 & M4, M.I.D.C., Latur 413531, Maharashtra. The company operates four manufacturing facilities, all located within the M.I.D.C. industrial area in Latur, Maharashtra:
- Factory 1: Plot No. M3 & M4, M.I.D.C., Latur 413531
- Factory 2: Plot No. G17, M.I.D.C., Latur 413531
- Factory 3: Plot No. G3/1 & G19/1/1, M.I.D.C., Latur 413531
- Factory 4: Plot No. D-52, Additional M.I.D.C., Latur 413531
The disclosure was filed at Latur on 05/04/2026, and the company has requested BSE Limited to take the submission on record. A copy of the declaration has also been addressed to the Audit Committee of BAI-KAKAJI Polymers Limited.
Historical Stock Returns for Bai Kakaji Polymers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.30% | 0.0% | 0.0% | 0.0% | 0.0% | -6.46% |
Will the concentrated promoter shareholding of approximately 98% among the Mundada family create liquidity challenges for minority investors in BAI-KAKAJI Polymers going forward?
How might BAI-KAKAJI Polymers' expansion plans for its four Latur-based manufacturing facilities impact its capital structure and potential future promoter share pledging activity?
Could the near-zero public float in BAI-KAKAJI Polymers trigger any SEBI minimum public shareholding compliance requirements, and what corrective actions might the company need to take?


























