Texmaco acquirers confirm no encumbrance on shares in FY26
Shradha Agarwala, along with Jyotsna Poddar, Akshay Poddar, and Puja Poddar, confirmed the non-creation of any encumbrance on shares of Texmaco Rail & Engineering Limited for the financial year ended March 31, 2026. The declarations were submitted to the stock exchanges and the company's Audit Committee in compliance with SEBI Takeover Regulations.
*this image is generated using AI for illustrative purposes only.
Shradha Agarwala has confirmed that she, along with persons acting in concert, has not created any encumbrance on the shares of Texmaco Rail & Engineering Limited during the financial year ended March 31, 2026. The declaration, submitted on April 2, 2026, clarifies that no direct or indirect charges were placed on the shares other than those already reported to the stock exchanges and the company. Jyotsna Poddar, Akshay Poddar, and Puja Poddar also submitted similar declarations on the same date confirming the absence of encumbrances on their holdings for the same period. These disclosures provide transparency regarding the holding status of the acquirers for the specified financial year.
The declarations were addressed to the Audit Committee of Texmaco Rail & Engineering Limited, the National Stock Exchange Limited, and BSE Limited. They were made in pursuance of Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filings ensure regulatory compliance regarding the disclosure of shareholding details and any encumbrances thereon.
| Entity | Role | Disclosure Period |
|---|---|---|
| Akshay Poddar | Acquirer | FY ended March 31, 2026 |
| Puja Poddar | Acquirer | FY ended March 31, 2026 |
| Jyotsna Poddar | Acquirer | FY ended March 31, 2026 |
| Shradha Agarwala | Acquirer | FY ended March 31, 2026 |
| Texmaco Rail & Engineering Limited | Target Company | FY ended March 31, 2026 |
The letters explicitly state that the declarations were submitted by Devendra Khemka and V Venugopalan as Authorised Signatories. The confirmation of no additional encumbrances is material for shareholders as it indicates the absence of new leverage or pledges against the shares held by the acquirers during the financial year.
Historical Stock Returns for Texmaco Rail & Engineering
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.03% | +8.26% | -0.98% | -11.22% | -33.53% | +261.41% |
Will the absence of new encumbrances encourage the acquirers to increase their stake in Texmaco Rail & Engineering in the upcoming fiscal year?
How might this clean holding status impact Texmaco Rail's stock performance and investor sentiment in the short term?
Are there any potential strategic changes or corporate actions expected from the acquirers following this regulatory compliance?
20
Create Custom Screeners 
Access 200+ Pre-built Filters 
Use 50+ Readymade Screener 
