Fineotex Chemical Promoter Group Confirms Zero Share Encumbrance for Financial Year Ended March 31, 2026

2 min read     Updated on 07 May 2026, 03:25 AM
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Surendrakumar Tibrewala, promoter of Fineotex Chemical Limited, filed a disclosure on April 06, 2026 under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, confirming no encumbrance was created on promoter group shares during the financial year ended March 31, 2026. The promoter group collectively holds 72,54,90,270 shares, representing 63.32% of the total share capital, with Surendra Deviprasad Tibrewala being the largest individual holder at 53.14%. The disclosure was submitted to both BSE Limited and the National Stock Exchange of India Limited.

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Surendrakumar Tibrewala, acting as a promoter of fineotex chemical Limited, has submitted a formal disclosure to the stock exchanges on April 06, 2026, pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The declaration confirms that the promoter and promoter group, along with persons acting in concert, have not made any encumbrance over the shares of the company held by them, either directly or indirectly, during the financial year ended March 31, 2026.

Regulatory Disclosure Under SEBI Takeover Regulations

The disclosure was filed with both BSE Limited and the National Stock Exchange of India Limited, as required under the applicable regulatory framework. Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011 mandates that promoters and promoter group entities make an annual declaration regarding the encumbrance status of their shareholding. The filing was addressed to the Listing Department of BSE Limited and the Listing & Compliance Department of the National Stock Exchange of India Limited, and a copy was also marked to the Audit Committee and Compliance Officer of Fineotex Chemical Limited.

Promoter and Promoter Group Shareholding Details

As per Annexure – A attached to the disclosure, the promoter and promoter group collectively hold 72,54,90,270 shares, representing 63.32% of the total share capital of the company. The table below provides a detailed breakdown of the shareholding across all members of the promoter group:

Promoter / Promoter Group Member: No. of Shares Held % w.r.t. Total Share Capital
Surendra Deviprasad Tibrewala 60,88,57,860 53.14%
Surendra Tibrewala HUF 34,55,000 0.30%
Sanjay Tibrewala 3,95,49,900 3.45%
Aarti Mitesh Jhunjhunwala 8,50,500 0.07%
Kanaklata Tibrewala 3,28,17,000 2.86%
Ritu Aditya Gupta 1,10,000 0.01%
Nidhi Sanjay Tibrewala 10,000 0.00%
Mitesh Vinod Jhunjhunwala 10,010 0.00%
Kamal Chemicals Pvt Ltd 2,95,45,000 2.58%
Proton Biochem Pvt Ltd 1,02,85,000 0.90%
Total 72,54,90,270 63.32%

The largest individual holding within the promoter group belongs to Surendra Deviprasad Tibrewala, who holds 60,88,57,860 shares, accounting for 53.14% of the total share capital. Corporate entities Kamal Chemicals Pvt Ltd and Proton Biochem Pvt Ltd collectively contribute 2.58% and 0.90% to the promoter group's aggregate stake, respectively.

Filing Details

The disclosure was signed by Surendrakumar Tibrewala in his capacity as Promoter of Fineotex Chemical Limited and submitted on April 06, 2026. The filing was made on behalf of the entire promoter and promoter group as listed in Annexure – A. The communication was directed to the stock exchanges for their records and acknowledgement, in compliance with the annual disclosure requirements under SEBI's Takeover Regulations.

Historical Stock Returns for Fineotex Chemical

1 Day5 Days1 Month6 Months1 Year5 Years
+1.44%+22.50%+27.66%+6.79%+19.18%+246.25%

Could the promoters' clean encumbrance record signal potential plans for further stake consolidation or open market purchases in Fineotex Chemical?

How might Fineotex Chemical's high promoter holding of 63.32% impact institutional investor appetite and stock liquidity going forward?

Are there any succession or restructuring plans within the Tibrewala family that could alter the current promoter shareholding structure in the near future?

Fineotex Chemical Limited Submits Q4FY26 SEBI Compliance Certificate for Dematerialization Process

1 min read     Updated on 08 Apr 2026, 04:14 AM
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Fineotex Chemical Limited filed its Q4FY26 compliance certificate under SEBI Regulation 74(5) on April 07, 2026, covering the quarter ended March 31, 2026. The certificate, submitted to BSE and NSE by Company Secretary Sunny Parmar, confirms proper dematerialization processes handled by registrar Bigshare Services Private Limited. The filing demonstrates compliance with regulatory requirements for securities dematerialization and maintains transparency in shareholder record management.

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Fineotex Chemical Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The certificate, dated April 07, 2026, covers the quarter ended March 31, 2026, and demonstrates the company's adherence to dematerialization process standards.

Regulatory Compliance Filing

The company filed the certificate with both major Indian stock exchanges on April 07, 2026. Company Secretary and Compliance Officer Sunny Parmar signed the submission letter, which was addressed to the listing departments of both exchanges.

Exchange Details: Information
BSE Company Code: 533333
NSE Company Code: FCL
Filing Date: April 07, 2026
Quarter Covered: March 31, 2026

Certificate Confirmation Details

Bigshare Services Private Limited, serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate. The RTA confirmed that all securities received from depository participants for dematerialization up to March 31, 2026, were properly processed according to regulatory standards.

Key Compliance Confirmations

The certificate from Bigshare Services confirms several critical compliance aspects:

  • Securities received for dematerialization were confirmed to depositories within required timeframes
  • All securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
  • Security certificates received for dematerialization have been mutilated and cancelled after due verification
  • Depository names have been substituted in the register of members as registered owners within 15 days of certificate receipt

Regulatory Framework

Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, requires companies to maintain proper records and processes for dematerialization of securities. This quarterly certification ensures transparency in the conversion of physical securities to electronic form and maintains investor confidence in the dematerialization process.

Regulatory Details: Specifications
Regulation: SEBI Regulation 74(5)
Reporting Period: Quarterly
Compliance Focus: Dematerialization Process
RTA: Bigshare Services Private Limited

The submission reflects Fineotex Chemical's commitment to maintaining regulatory compliance and ensuring proper handling of shareholder securities through established depository systems.

Historical Stock Returns for Fineotex Chemical

1 Day5 Days1 Month6 Months1 Year5 Years
+1.44%+22.50%+27.66%+6.79%+19.18%+246.25%

Will Fineotex Chemical's consistent regulatory compliance improve its ESG ratings and attract more institutional investors?

How might the company's strong dematerialization processes position it for potential inclusion in digital trading platforms or blockchain-based securities systems?

Could Fineotex Chemical's compliance track record make it a more attractive acquisition target for larger chemical companies seeking well-governed subsidiaries?

More News on Fineotex Chemical

1 Year Returns:+19.18%