CORONA Remedies promoter confirms no encumbrance on shares in FY26
Dr. Kirtikumar Mehta, Promoter of CORONA Remedies Limited, confirmed in a filing to stock exchanges that he and Persons Acting in Concert have not encumbered any equity shares held directly or indirectly during FY26. The disclosure, dated April 01, 2026, was made under Regulation 31(4) of SEBI SAST Regulations and lists 23 individuals and entities in the promoter group.
*this image is generated using AI for illustrative purposes only.
Dr. Kirtikumar Mehta, Promoter of corona remedies , has declared that he and Persons Acting in Concert have not made any encumbrance on the equity shares held by them during the financial year 2025-2026. The disclosure, submitted to BSE Limited and National Stock Exchange of India Limited, confirms that the shares held directly or indirectly by the promoter group remain free of charges or liens. This filing was made pursuant to Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The declaration encompasses the promoter and the broader promoter group, including various individuals and entities listed as Persons Acting in Concert. The list includes family members such as Nirav Mehta and Ankur Mehta, as well as corporate entities like NKM Nextgen LLP and KLNext Enterprise LLP. The submission was addressed to the Department of Corporate Relations at BSE and the Department of Corporate Services at NSE on April 01, 2026.
Persons Acting in Concert
The following table details the individuals and entities covered under the declaration:
| Sr. No. | Name |
|---|---|
| Promoter | |
| 1. | Nirav Mehta |
| 2. | Ankur Mehta |
| Promoter Group | |
| 3. | Minaxi Kirtikumar Mehta |
| 4. | Deepa Nirav Mehta |
| 5. | Brinda Ankur Mehta |
| 6. | Hetvi Nirav Mehta |
| 7. | Vanshaj Niravkumar Mehta |
| 8. | Jitendrakumar Champaklal Vora |
| 9. | Chandrika Jitendrakumar Vora |
| 10. | Nehal Devang Vora |
| 11. | Heti Darshan Kothari |
| 12. | Vishwa Ankur Mehta |
| 13. | Jainam Ankur Mehta |
| 14. | Subodhbhai Vrajlal Parikh |
| 15. | Shardaben Subodhbhai Parikh |
| 16. | Pritesh Subodhbhai Parikh |
| 17. | Kanakben Arvindbhai Shah |
| 18. | Vasumatiben Kirtibhai Shah |
| 19. | Yogeshbhai Harilal Shah |
| 20. | Ketan Harilal Shah |
| 21. | Nemish Harilal Shah |
| 22. | NKM Nextgen LLP |
| 23. | KLNext Enterprise LLP |
The declaration was signed by Dr. Kirtikumar Mehta, Chairman of CORONA Remedies Limited, and copies were forwarded to the Chairman of the Audit Committee and the Company Secretary and Compliance Officer.
Historical Stock Returns for Corona Remedies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.39% | +2.97% | -0.32% | +19.92% | +19.92% | +19.92% |
Does the unencumbered status of promoter shares indicate a potential plan to raise capital through pledging in the future?
How might this clean shareholding structure influence investor confidence and stock liquidity in the upcoming fiscal year?
Could this declaration be a precursor to a strategic acquisition or a stake sale by the promoter group?
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