Promoters of ganesha ecosphere have declared that they did not create any encumbrance, directly or indirectly, on their shareholding during the financial year ended March 31, 2026. The disclosure confirms that no new charges were placed on the shares held by the promoters or the promoter group beyond those already disclosed. This compliance filing ensures transparency regarding the pledging or hypothecation of promoter shares, a key metric for investor risk assessment.

The declaration was submitted by Sharad Sharma on behalf of all promoters, members of the promoter group, and Persons Acting in Concert (PAC). The filing was made to BSE Limited and National Stock Exchange of India Limited pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The document was signed and submitted on April 06, 2026.

The disclosure lists the individuals and entities classified as promoters and promoter group members. The list includes names such as Shyam Sunder Sharmma, Rajesh Sharma, Sharad Sharma, and Vishnu Dutt Khandelwal as promoters. The promoter group comprises entities like GESL Spinners Private Limited, GPL Finance Ltd., and Sandeep Yarns Pvt. Ltd., along with several individuals and Hindu Undivided Families (HUFs).

Promoter and Promoter Group Details

The following table outlines the individuals and entities included in the declaration:

The Audit Committee of Ganesha Ecosphere Limited was also marked as a recipient of the disclosure. The filing serves as an annual compliance requirement to update the exchanges on the status of promoter holdings.

Narayanan Subramaniam has resigned as Independent Director of Ganesha Ecosphere Limited effective close of business hours on June 30, 2026, due to personal commitments and impending international travel. His resignation, tendered via email on June 30, 2026, was accepted by the Board, and he has ceased to hold the Chairmanship and Membership of all Board Committees of which he was a part. This development impacts the company's governance structure as it adjusts to the vacancy on its Board.

Subramaniam, who joined the Board in August 2023, cited his inability to attend Board meetings over the next six months to a year as the primary reason for stepping down. He confirmed that there were no material reasons for his resignation other than those mentioned in his resignation letter. The company has disclosed that the resignation was pursuant to Regulation 30 read with Part A of Schedule III to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The resignation also triggers a change in the composition of the company's Board Committees. Subramaniam was a member of key committees, and his departure requires the Board to fill the vacancies to ensure continued compliance with regulatory requirements. The details of the resignation were submitted to the stock exchanges along with a copy of his resignation letter and the requisite disclosures.

Subramaniam holds directorships in other listed entities, including Jyothy Labs Limited and Expleo Solutions Limited. In Jyothy Labs Limited, he serves as an Independent Director and is the Chairman of the Stakeholders Relationship Committee and a member of the Audit Committee. In Expleo Solutions Limited, he is the Chairman of the Audit and Risk Management Committees and a member of the Nomination and Remuneration and Stakeholders Relationship Committees.

The following table provides details of Subramaniam's directorships and committee positions in other listed entities:

Ganesha Ecosphere Limited has acknowledged the resignation and stated that it will complete the necessary formalities to file the required forms with the Ministry of Corporate Affairs (MCA). The company's Board is expected to take appropriate steps to fill the vacancy in due course.