D. B. Corp Limited Promoters Declare No Encumbrance on Shares for Financial Year 2025-26
D. B. Corp Limited's promoters and promoter group have filed an annual declaration dated April 3, 2026, under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, confirming nil encumbrance on the company's shares during the financial year 2025-26. The declaration was signed by promoter Sudhir Agarwal on behalf of all 13 promoters and 59 promoter group members, including individuals, HUFs, private limited companies, LLPs, and charitable trusts. The filing was submitted to the National Stock Exchange of India Limited, BSE Limited, and the Audit Committee of the Board of Directors of D. B. Corp Limited.

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D. B. Corp Limited 's promoters and promoter group have filed their annual declaration under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, affirming that no encumbrance was placed on any shares of the company held by them, directly or indirectly, at any time during the financial year 2025-26. The declaration was signed by promoter Sudhir Agarwal on April 3, 2026, on behalf of all promoters and the promoter group.
Regulatory Disclosure Details
The annual declaration was submitted to the National Stock Exchange of India Limited, BSE Limited, and the Audit Committee of the Board of Directors of D. B. Corp Limited. This filing is in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which mandates promoters of listed companies to disclose the encumbrance status of their shareholding at the end of each financial year.
| Parameter: | Details |
|---|---|
| Declaration Date: | April 3, 2026 |
| Financial Year Covered: | 2025-26 (ended March 31, 2026) |
| Regulatory Reference: | Regulation 31(4), SEBI SAST Regulations, 2011 |
| Signatory: | Sudhir Agarwal (Promoter) |
| Encumbrance Status: | Nil |
Promoters and Promoter Group
The declaration covers a comprehensive list of promoters and promoter group entities. The promoter category comprises 13 individuals and entities, while the promoter group includes 59 members spanning individuals, HUFs, private limited companies, LLPs, and charitable trusts.
Promoters
| S. No.: | Name |
|---|---|
| 1 | Sudhir Agarwal |
| 2 | Girish Agarwal |
| 3 | Pawan Agarwal |
| 4 | Late Kasturi Devi Agarwal |
| 5 | Jyoti Agarwal |
| 6 | Namita Agarwal |
| 7 | Nitika Agarwal |
| 8 | Bhawna Agarwal |
| 9 | Shubh Agarwal |
| 10 | Diva Girish Agarwal |
| 11 | Miraya Agarwal |
| 12 | Bhaskar Publications and Allied Industries Private Limited |
| 13 | DB Consolidated Private Limited |
Promoter Group — Individuals and HUFs
| S. No.: | Name |
|---|---|
| 1 | Arjun Agarwal |
| 2 | Shourya Agarwal |
| 3 | Kushaan Agarwal |
| 4 | R C Agarwal HUF |
| 5 | Sudhir Agarwal HUF |
| 6 | Girish Agarwal HUF |
| 7 | Pawan Agarwal HUF |
Promoter Group — Corporate Entities, LLPs, and Trusts
The promoter group also includes a wide range of corporate entities, limited liability partnerships, and charitable trusts, as listed below:
- Deluxe Travel Services Private Limited
- Decore Green Power Private Limited
- Bhaskar Industries Private Limited
- Dolby Builders Private Limited
- S.A. Trading & Investments Private Limited
- Bhaskar News Media Limited
- Regency Agro Products Private Limited
- Matriswa Exim Limited
- Bhaskar Infrastructure Private Limited
- Tushti Trading Private Limited
- D B Infrastructures Private Limited
- Decent Industries Private Limited
- Deligent Hotel Corporation Private Limited
- Devaswar Trading Private Limited
- Writers and Publishers Private Limited
- Sharda Solvent Limited
- Design Solutions Limited
- Diva Oil & Gas Private Limited
- Decore Thermal Power Private Limited
- India United Textiles Mill Limited
- D B Malls Private Limited
- Decore Exxoils Private Limited
- Divine Housing Development Company Private Limited
- Divya Dev Developers Private Limited
- Divya Decent Trading Private Limited
- Surge Developers Private Limited
- Moline Facility Services Private Limited
- DB Buildcon Private Limited
- DB Infratech Private Limited
- Saurashtra Samachar Private Limited
- Gwalior Regency Country Inn Private Limited
- Gwalior Regency Resorts (India) Private Limited
- Diligent Pinkcity Center Private Limited
- D B Power Limited
- DB Power (Madhya Pradesh) Limited
- Delicious Foods & Beverages Private Limited
- DB Infomedia Private Limited
- Soul Full Healthcare Private Limited
- BEDR Realcon Private Limited
- Rasha Educare Private Limited
- Rasha ELC Private Limited
- Decore Properties Solutions Private Limited
- Decore Real Estate Private Limited
- DB Power Infra Limited
- Bhaskar Savitt Industries Private Limited
- Greentails Naturals Private Limited
- DB Power BESS Storage Limited
- P P Pillar LLP
- Ishan Mall LLP
- Idecor International LLP
- Richa Realcon LLP
- Rasha Entertainment LLP
- Shashwat Homes LLP
- B i Surya Developers LLP
- SGP Real Infra LLP
- SMPG Reality LLP
- R C Printers
- Flipside Entertainment
- Dwarka Prasad Agarwal Charitable Trust
- Ramesh and Sharda Agarwal Foundation
- Sharda Devi Charitable Trust
- The Bhaskar Foundation
Compliance Summary
The declaration confirms full compliance with SEBI's disclosure requirements under the SAST Regulations, 2011. Sudhir Agarwal signed the filing on behalf of all promoters and the promoter group of D. B. Corp Limited, and the disclosure has been submitted to the relevant stock exchanges and the company's Audit Committee for their records.
Historical Stock Returns for DB Corp
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.19% | +6.86% | +12.11% | -10.30% | -2.60% | +179.22% |
How might D. B. Corp's nil encumbrance status influence institutional investor confidence and potential foreign portfolio investment in the company going forward?
Given the promoter group's extensive portfolio of real estate, power, and infrastructure entities, could any future pledging of shares be linked to funding needs in these capital-intensive subsidiaries?
How does D. B. Corp's promoter shareholding stability compare to other listed media companies in India, and what implications does this have for potential consolidation in the print media sector?


































