Dhara Rail Projects confirms no share encumbrance by promoters in FY26

Dhara Rail Projects confirmed that its promoters and promoter group did not create any encumbrance on the company's shares during the financial year 2025-26. The disclosure, submitted to the National Stock Exchange of India Ltd., assures stakeholders that no shares were pledged directly or indirectly by the promoters or the Persons Acting in Concert (PAC), other than those previously disclosed.

The confirmation was provided by Tejas Lalit Mehta on behalf of all promoters. The filing was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. This regulation requires listed companies to disclose any encumbrance of shares by promoters to ensure transparency for investors.

Disclosure Details

The letter addressed to the exchange explicitly stated that no new encumbrances were made during the specified period. The declaration covers all members of the promoter and promoter group.

Entity	Status of Encumbrance	Period Covered
Promoters & Promoter Group	None	FY26
Persons Acting in Concert (PAC)	None	FY26

The document was signed by Tejas Lalit Mehta, identified as a Promoter of Dhara Rail Projects Limited. Copies of the disclosure were also forwarded to the Compliance Officer and the Chairman of the Audit Committee of the company for their records.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.48%	+0.29%	+22.04%	-0.86%	-0.86%	-0.86%

Dhara Rail Projects Limited has secured a work order worth Rs 59,75,105.60 from the North Western Railway for the maintenance of electrical substations. The contract, awarded by the Divisional Electrical Engineer/TRD/JU, Jodhpur Division Electrical, covers preventive scheduled maintenance, operation, troubleshooting, and up-keeping of electrical substations at MTD & DNA. This two-year engagement is expected to bolster the company's order book and operational presence in the railway infrastructure sector.

The order was received pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The company disclosed that the broad commercial consideration for the contract amounts to Rs 59,75,105.60, including GST. The project duration is set for 24 months from the commencement date.

Key Order Details

The following table outlines the specific details of the order as per the regulatory disclosure:

Sr. No.	Particulars	Details
1.	Name of the entity to which order is awarded	Divisional Electrical Engineer/TRD/JU, Jodhpur Division Electrical, DRM Office, North Western Railway, Harish Joshi Marg, Jodhpur, Rajasthan – 342001, India
2.	Whether order awarded by domestic/ international entity	Domestic
3.	Significant terms and conditions	Preventive Schedule maintenance, operation, trouble shooting and up-keeping of Electrical substation at MTD & DNA for a period of two years.
4.	Time period associated with the order	24 Months
5.	Broad commercial consideration or size of the order	Rs. 59,75,105.60 (including GST)
6.	Promoter/promoter group interest in the entity	No
7.	Related party transaction	Not Applicable

The filing confirmed that neither the promoter group nor group companies hold any interest in the entity that awarded the order. Furthermore, the transaction does not qualify as a related party transaction. The intimation was submitted to the National Stock Exchange of India Limited on June 15, 2026, by Tejas Lalit Mehta, Managing Director of Dhara Rail Projects Limited.