Fineotex Chemical Promoter Group Confirms Zero Share Encumbrance for Financial Year Ended March 31, 2026
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?
































