Foce India Limited disclosed that its promoters and promoter group have not created any encumbrances on their shares, directly or indirectly, as of March 31, 2026. The declaration, submitted to the National Stock Exchange, confirms that the shares held by the promoters remain free of charges as of the end of the financial year.

The disclosure was made pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Manoj Sitaram Agarwal, Promoter and Managing Director, filed the declaration on behalf of the promoter and promoter group.

Promoter Shareholding Details

The filing included an annexure detailing the shareholding of each member of the promoter group as of March 31, 2026. The total shares held by the promoters and promoter group aggregate to 86,46,300.

The document was addressed to the National Stock Exchange of India Limited and copied to the Audit Committee and Foce India Limited . The confirmation provides assurance to investors regarding the unencumbered status of the promoter holdings.

Foce India Limited has initiated a postal ballot process to seek shareholder approval for migrating from the NSE Emerge platform to the main boards of NSE and BSE. The company has also proposed the re-appointment of its Managing Director and several directors through this voting process. The move aims to transition the company from the SME platform to the main board of the stock exchanges.

The resolutions put forth for shareholder approval include migration to the National Stock Exchange of India Limited Main Board and a direct listing to the BSE Limited Main Board. Additionally, the company seeks approval for the re-appointment of Mr. Manoj Sitaram Agarwal as Managing Director for a further term of 5 years. The regularization of the appointment of Mrs. Anita Manoj Agarwal as a Non-Executive & Non-Independent Director, effective from May 27, 2026, is also on the agenda.

Further resolutions include the re-appointment of Mrs. Abhilasha Chaudhary, Mrs. Rekha Agarwal, and Mr. Lalit Kumar Tapadia as Independent Directors for a second term of 5 years each. CS. Brajesh Gupta, proprietor of M/s. Brajesh Gupta & Co, Indore, has been appointed as the Scrutinizer to ensure the e-voting process is conducted fairly.

The voting will be conducted exclusively through remote e-voting, with no physical ballot forms dispatched. The schedule for the postal ballot process has been finalized, with key dates outlined for the identification of voting rights, dispatch of notices, and the declaration of results.

Calendar of Events

The process is being conducted in accordance with the provisions of Section 108 and 110 of the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has stated that the results of the voting will be declared on or before July 18, 2026.