Bodal Chemicals promoters declare no encumbrance for FY26

1 min read     Updated on 16 Jun 2026, 02:11 AM
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Bodal Chemicals Ltd disclosed that its promoters and promoter group did not create any encumbrance on their shares during the financial year ended March 31, 2026. The declaration, submitted under Regulation 31(4) of the SEBI Takeover Regulations 2011, was made by authorised person Suresh J. Patel on behalf of the group.

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Bodal Chemicals Ltd has confirmed that its promoters and promoter group did not pledge or encumber their shares during the financial year ended March 31, 2026. The disclosure ensures that the shareholding structure of the key stakeholders remains free of any direct or indirect charges for the specified period.

The declaration was submitted by Suresh J. Patel, an authorised representative acting on behalf of the promoters and promoter group, in compliance with Regulation 31(4) of the SEBI Takeover Regulations 2011. The filing was addressed to the stock exchanges, BSE Ltd and National Stock Exchange of India Ltd, on April 04, 2026.

The document identifies eight individuals as part of the promoter and promoter group. Suresh J. Patel is listed as a Promoter, while the remaining members are classified under the Promoter Group.

Promoter and Promoter Group Details

The following table outlines the individuals comprising the promoter and promoter group of Bodal Chemicals as per the annexure provided in the filing:

Name(s) of the person and persons Acting in concert (PAC) Belongs to promoter/promoter group
Mr. Suresh J. Patel Promoter
Mr. Bhavin S. Patel Promoter Group
Mr. Ankit S. Patel Promoter Group
Mrs. Meena S. Patel Promoter Group
Mr. Bansi M. Patel Promoter Group
Mr. Rakesh R. Patel Promoter Group
Mrs. Shakuntala J. Patel Promoter Group
Mr. Ramesh D. Patel Promoter Group

A copy of the declaration was also forwarded to the Chairman and members of the Audit Committee of Bodal Chemicals Limited for their records.

Historical Stock Returns for Bodal Chemicals

1 Day5 Days1 Month6 Months1 Year5 Years
-1.97%-6.37%-5.50%+21.18%-10.63%-40.93%

How might the absence of share pledging influence investor confidence and stock liquidity in the upcoming quarters?

What are Bodal Chemicals' strategic capital allocation plans given the promoters' unencumbered holding status?

Could this clean shareholding structure signal potential for future acquisitions or expansion initiatives?

Bodal Chemicals promoters declare no encumbrance in FY26

1 min read     Updated on 28 May 2026, 06:18 AM
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Promoters of Bodal Chemicals Ltd confirmed they did not encumber shares in FY26, complying with SEBI regulations. The declaration, filed on April 4, 2026, covers eight individuals in the promoter group.

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Promoters of bodal chemicals confirmed that no encumbrance was created on their shareholding during the financial year ended March 31, 2026. This declaration ensures that the promoters and persons acting in concert have not pledged or otherwise charged their shares directly or indirectly throughout FY26. The disclosure is significant for shareholders as it indicates the absence of leverage against promoter holdings, which is a key factor in assessing corporate governance and financial stability.

Suresh J. Patel, an authorised representative of the promoters and promoter group, submitted the declaration to BSE Ltd and National Stock Exchange of India Ltd on April 4, 2026. The filing was made in compliance with Regulation 31(4) of the SEBI Takeover Regulations 2011, which mandates such annual disclosures to maintain transparency regarding the holding status of promoters.

The declaration covers the entire promoter group, identifying eight individuals who fall under the category of promoters or promoter group members. The list includes Suresh J. Patel as the promoter, while Bhavin S. Patel, Ankit S. Patel, Meena S. Patel, Bansi M. Patel, Rakesh R. Patel, Shakuntala J. Patel, and Ramesh D. Patel are classified as members of the promoter group.

Promoter and Promoter Group Details

The following table outlines the individuals comprising the promoter and promoter group of Bodal Chemicals Limited:

Name(s) of the person and persons Acting in concert (PAC) Status
Mr. Suresh J. Patel Promoter
Mr. Bhavin S. Patel Promoter Group
Mr. Ankit S. Patel Promoter Group
Mrs. Meena S. Patel Promoter Group
Mr. Bansi M. Patel Promoter Group
Mr. Rakesh R. Patel Promoter Group
Mrs. Shakuntala J. Patel Promoter Group
Mr. Ramesh D. Patel Promoter Group

The confirmation of unencumbered status for the financial year provides assurance to the market regarding the free status of the promoter's shares. The document was signed in Ahmedabad on April 4, 2026, and a copy was forwarded to the Chairman and members of the Audit Committee of Bodal Chemicals Limited.

Historical Stock Returns for Bodal Chemicals

1 Day5 Days1 Month6 Months1 Year5 Years
-1.97%-6.37%-5.50%+21.18%-10.63%-40.93%

How might the unencumbered status of promoter shares influence investor confidence and Bodal Chemicals' stock performance in the upcoming quarter?

What are the potential strategic growth initiatives or capital expenditure plans Bodal Chemicals might pursue given the absence of promoter leverage?

Could this strong corporate governance signal position Bodal Chemicals as a more attractive candidate for foreign institutional investment compared to sector peers?

More News on Bodal Chemicals

1 Year Returns:-10.63%