Banswara Syntex Promoters Declare No Encumbrance on Shares for FY26 Under SEBI Takeover Regulations
Banswara Syntex Limited's promoters and promoter group filed a declaration on April 3, 2026, under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, confirming no encumbrance on company shares for the financial year ended March 31, 2026. The declaration, signed by Ravindrakumar Toshniwal, covers nine individual promoters and four corporate entities within the promoter group. The filing was submitted to both BSE Limited and the National Stock Exchange of India Limited, with copies sent to the Company Secretary and Audit Committee.

*this image is generated using AI for illustrative purposes only.
The promoters and promoter group of Banswara Syntex Limited have formally declared that no encumbrance has been created on the shares of the company held by them, either directly or indirectly, during the financial year ended March 31, 2026. The declaration was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and was submitted to the stock exchanges on April 3, 2026.
Regulatory Filing Details
The declaration was addressed to the Listing Departments of both BSE Limited and the National Stock Exchange of India Limited. It was signed by Ravindrakumar Toshniwal, acting on behalf of all promoters and members of the promoter group of Banswara Syntex Limited. The filing confirms full compliance with the applicable SEBI regulatory requirement for the reporting period.
Promoter & Promoter Group Members
The declaration covers all individuals and entities listed under Annexure – A as part of the promoter and promoter group. The following tables detail the complete list of members covered under this declaration.
Individual Members
| S.No. | Name |
|---|---|
| 1 | Kavita Soni |
| 2 | Navnita Mehra |
| 3 | Radhika R Toshniwal |
| 4 | Rakesh Mehra |
| 5 | Ravindrakumar Toshniwal |
| 6 | Shaleen Toshniwal |
| 7 | Sonal Toshniwal |
| 8 | Dhruv Toshniwal |
| 9 | Udit Ravindra Toshniwal |
Corporate Entities
| S.No. | Name |
|---|---|
| 1 | Lawson Trading Co. Pvt Ltd |
| 2 | Moonfine Trading Co. Pvt Ltd |
| 3 | Niral Trading Pvt Ltd |
| 4 | Speedshore Trading Co. Pvt Ltd |
Declaration Summary
The filing was submitted from Mumbai and copies were also forwarded to the Company Secretary and the Audit Committee at Banswara Syntex Limited's registered office at Industrial Area, Dahod Road, Banswara, Rajasthan – 327001. The declaration collectively covers nine individual promoters and four promoter group entities, affirming that none of the shares held by these parties were subject to any encumbrance during the financial year ended March 31, 2026.
Historical Stock Returns for Banswara Syntex
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.33% | +1.85% | +7.68% | -0.43% | -12.96% | +97.41% |
How might Banswara Syntex's clean promoter shareholding record influence institutional investor confidence and potential foreign portfolio investment in the company going forward?
Could the consistent compliance by Banswara Syntex promoters with SEBI takeover regulations signal potential plans for capital raising or strategic acquisitions in the textile sector?
How does the absence of promoter share encumbrances at Banswara Syntex compare to industry peers, and what does this indicate about the company's financial health and debt management strategy?


































