Bhartiya International declares no encumbrance on promoter shares
Bhartiya International Limited disclosed that no encumbrance was created on the shares held by its promoters and promoter group during the financial year ended March 31, 2026. The declaration, submitted in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, covers 39 entities including Promoters, Promoter Group, and Persons Acting in Concert (PACs). The filing was signed by Snehddeep Aggarwal, an Authorised Signatory.

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Bhartya International Limited has informed the stock exchanges that no encumbrance has been created on the shares held by its promoters and promoter group during the financial year ended March 31, 2026. The disclosure was submitted in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The company confirmed that the declaration covers the Promoters, Promoter Group, and Persons Acting in Concert (PACs). Furthermore, the communication stated that as of the date of the disclosure, none of the shares held by these entities in the company are encumbered.
List of Promoters and PACs
The disclosure included an annexure listing the individuals and entities classified as Promoters, Promoter Group, and PACs. The list comprises 39 names, including key company executives and various private limited companies and LLPs associated with the group.
| Sr. No. | Name(s) of the Promoters, Promoter Group and PACs | Category |
|---|---|---|
| 1. | SNEHDEEP AGGARWAL | PROMOTER |
| 2. | RAMESH BHATIA | PROMOTER |
| 3. | ARJUN AGGARWAL | PROMOTER GROUP |
| 4. | KANWAL AGGARWAL | PROMOTER GROUP |
| 5. | SNEHDEEP AGGARWAL & HUF | PROMOTER GROUP |
| 6. | PARUSHNI AGGARWAL | PROMOTER GROUP |
| 7. | PAVAN AGGARWAL | PROMOTER GROUP |
| 8. | ARUNA AGGARWAL | PROMOTER GROUP |
| 9. | MUKTA GOYAL | PROMOTER GROUP |
| 10. | ALKA BHATIA | PROMOTER GROUP |
| 11. | SIDDHARTH BHATIA | PROMOTER GROUP |
| 12. | ROHIT BHATIA | PROMOTER GROUP |
| 13. | SAROJ MUNJAL | PROMOTER GROUP |
| 14. | BHARTIYA GLOBAL VENTURES PRIVATE LIMITED | PROMOTER GROUP |
| 15. | BHARTIYA INFOTECH PRIVATE LIMITED | PROMOTER GROUP |
| 16. | BHARTIYA ADVISORY SERVICES PRIVATE LIMITED | PROMOTER GROUP |
| 17. | URBANAC PROJECTS PRIVATE LIMITED | PROMOTER GROUP |
| 18. | ITOPIA MANAGEMENT SERVICES (INDIA) PRIVATE LIMITED | PROMOTER GROUP |
| 19. | SPRINGDALE VENTURES PRIVATE LIMITED | PROMOTER GROUP |
| 20. | UTOPIA MANAGEMENT SERVICES (INDIA) PRIVATE LIMITED | PROMOTER GROUP |
| 21. | CRYSTAL MERCHANT TRADING PRIVATE LIMITED | PROMOTER GROUP |
| 22. | PARUSHNI INTERIOR DESIGNS PRIVATE LIMITED | PROMOTER GROUP |
| 23. | NIBBLE FOOD SERVICES PRIVATE LIMITED | PROMOTER GROUP |
| 24. | ADA VENTURES PRIVATE LIMITED | PROMOTER GROUP |
| 25. | BHARTIYA CONVERGE PRIVATE LIMITED | PROMOTER GROUP |
| 26. | INTELLIGENT COMMUNITY MANAGEMENT PRIVATE LIMITED | PROMOTER GROUP |
| 27. | ICM SERVICES PRIVATE LIMITED | PROMOTER GROUP |
| 28. | R.L. BHATIA ASSOCIATES PRIVATE LIMITED | PROMOTER GROUP |
| 29. | SMARTSTONE PROPERTY DEVELOPERS LLP | PROMOTER GROUP |
| 30. | BHARTIYA URBAN BUILDON LLP | PROMOTER GROUP |
| 31. | BHARTIYA INFRA DEVELOPERS LLP | PROMOTER GROUP |
| 32. | JCSA ENTERPRISES LLP | PROMOTER GROUP |
| 33. | COUNTRYSIDE PROPERTY DEVELOPERS LLP | PROMOTER GROUP |
| 34. | ZENITH CARBON LLP | PROMOTER GROUP |
| 35. | CSA Properties LLP | PROMOTER GROUP |
| 36. | ADA VENTURES AND PARTNERS LLP | PROMOTER GROUP |
| 37. | BHARTIYA INFRASTRUCTURE PRIVATE LIMITED | PROMOTER GROUP |
| 38. | BHARTIYA URBAN PRIVATE LIMITED | PROMOTER GROUP |
| 39. | BHARTIYA HOSPITALITY PRIVATE LIMITED | PROMOTER GROUP |
The filing was signed by Snehddeep Aggarwal, an Authorised Signatory, on behalf of the Promoters and Promoter Group and PACs. The document was addressed to the Vice-President of the Listing Department at the National Stock Exchange of India Ltd and the General Manager of the Listing Department at BSE Limited.
Historical Stock Returns for Bhartiya International
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.52% | -2.51% | -8.40% | -17.94% | +0.66% | +253.05% |
Could the absence of promoter share encumbrances signal potential fundraising plans or strategic acquisitions by Bhartiya International Limited in the near future?
How might the complex web of 39 promoter group entities and LLPs influence Bhartiya International's corporate governance transparency and minority shareholder confidence going forward?
Given the diverse portfolio of subsidiaries spanning real estate, hospitality, and infrastructure, what consolidation or restructuring moves might the Bhartiya Group consider to streamline its corporate structure?

































