Electro Force (India) Limited Discloses No Encumbrance of Shares by Promoters for FY26

electro force has formally disclosed to the National Stock Exchange of India Ltd. that its Promoter and Promoter Group have not encumbered any shares during the financial year ended March 31, 2026. This announcement was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The company, registered with the CIN U51909MH2010PLC204214, submitted the declaration on April 3, 2026. The document confirms that the members of the Promoter and Promoter Group, including Persons Acting in Concert, have not made any encumbrance of shares, either directly or indirectly, throughout the specified financial period.

Key Disclosure Details

The disclosure provides specific details regarding the compliance and the individuals involved in the submission. The table below summarizes the key information extracted from the regulatory filing:

Particulars	Details
Regulation	Regulation 31(4) of SEBI (SAST) Regulations, 2011
Financial Year	Year ended 31st March, 2026
Disclosure Date	April 3, 2026
Stock Symbol	EFORCE
Encumbrance Status	No encumbrance of shares

Signatory Details

The disclosure was submitted on behalf of the company by Saideep Shantaram Bagale, who serves as the Whole Time Director. Bagale holds a Director Identification Number (DIN) of 07196456. The declaration regarding the non-encumbrance of shares was made by Pravin Kumar Brijendra Kumar Agarwal, a Promoter of the company, on behalf of the entire Promoter and Promoter Group as well as Persons Acting in Concert.

The filing was addressed to the Manager of the National Stock Exchange located at Bandra-Kurla Complex, Mumbai. Electro Force (India) Limited is headquartered at 39/5, Mauje Waliv Vasai (East) in Thane, Maharashtra.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.37%	-3.93%	+9.57%	-35.18%	-27.10%	-74.38%

The Securities and Exchange Board of India (SEBI) has granted approval to Avada Electro's initial public offering (IPO) pre-filing documents, marking a significant regulatory milestone for the company. This approval represents a crucial step in the company's journey toward becoming a publicly listed entity on Indian stock exchanges.

Regulatory Milestone Achievement

The approval of pre-filing documents by SEBI indicates that the regulatory authority has completed its preliminary review of Avada Electro's IPO proposal. This regulatory clearance suggests that the company's submission meets the initial compliance requirements set forth by SEBI for public offerings. The pre-filing approval is typically the first major hurdle that companies must clear in their path to going public.

IPO Process Advancement

With SEBI's approval of the pre-filing documents, Avada Electro can now proceed with the subsequent phases of its public listing process. This regulatory green light allows the company to move forward with detailed preparations for its public offering, including finalizing offer documents and other regulatory submissions required for a complete IPO application.

Market Implications

The regulatory approval positions Avada Electro to advance its public listing plans, subject to completing additional regulatory procedures and prevailing market conditions. This development demonstrates the company's commitment to transparency and regulatory compliance as it prepares to offer its shares to public investors.