Ganga Forging promoters report no encumbrance for FY26

Ganga Forging Limited has filed a disclosure with the National Stock Exchange of India Limited confirming the status of share encumbrances held by its promoters for the financial year 2025-26. The submission, made in accordance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, details the holdings of the promoter and promoter group.

Declaration of No Encumbrance

Hiralal Mahidas Tilva, a promoter of ganga forging , declared that the promoters and the promoter group, along with persons acting in concert, have not made any encumbrance, directly or indirectly, during the financial year. The disclosure explicitly states that there were no instances of creation, release, or invocation of encumbrance during the period under review.

Promoter Holding Details

The disclosure provides a comprehensive list of promoters and members of the promoter group as of March 31, 2026. The combined holding of these entities constitutes a significant portion of the company's equity.

Name of the person	Category	No. of Shares	% of total share Capital
Hiralal Mahidas Tilva	Promoter	13495411	10.01%
Shitalben Manishkumar Nar	Promoter Group	3470140	02.57%
Rakesh Chhaganlal Patel	Promoter	6172240	04.58%
Manishkumar Chhaganbhai Nar	Promoter Group	2587840	01.92%
Parulben Rakeshbhai Patel	Promoter Group	2625696	01.95%
Hetal Mayurkumar Kalaria	Promoter Group	3733330	02.77%
Sheetal Sanjivkumar Chaniara	Promoter Group	3733330	02.77%
Daxaben Hiralal Tilva	Promoter Group	2772215	02.06%
Avni Nileshkumar Dadhaniya	Promoter Group	2733330	02.03%
Chhaniyara Sanjivkumar V	Promoter Group	1336000	00.99%
Harsh Manishbhai Nar	Promoter Group	5212820	03.87%
Prem Rakeshbhai Patel	Promoter Group	0	0
TOTAL		4,78,72,352	35.51%

The filing was signed on April 02, 2026, in Rajkot, and has been submitted to the stock exchanges for information and record purposes.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.68%	-3.31%	-18.75%	-29.09%	-48.91%	-67.59%

Ganga Forging Limited's board of directors has given the green light to a rights issue aimed at raising capital of up to ₹330 lakhs. The approval marks a significant step in the company's capital raising strategy, though the implementation remains contingent on several regulatory requirements.

Rights Issue Details

The board's decision to proceed with the rights issue demonstrates the company's commitment to strengthening its financial position through equity fundraising. The proposed capital raise of ₹330 lakhs will be executed through the rights issue mechanism, which allows existing shareholders to purchase additional shares in proportion to their current holdings.

Parameter:	Details
Fundraising Amount:	Up to ₹330 lakhs
Method:	Rights Issue
Status:	Board Approved
Pending Requirements:	Regulatory approvals and record date

Regulatory Framework and Next Steps

The rights issue implementation is subject to obtaining necessary regulatory approvals from relevant authorities. Additionally, the company must confirm the record date, which will determine the eligibility of shareholders to participate in the rights offering. These procedural requirements are standard for rights issues and ensure compliance with securities regulations.

Company Profile

Ganga Forging Limited operates in the castings, forgings, and fasteners sector, serving as a key player in the industrial manufacturing space. The company is classified as a small-cap stock with a current market capitalization of ₹41.65 crores, positioning it within the smaller end of the market spectrum.

The successful completion of this rights issue will provide the company with additional capital resources to support its business operations and growth initiatives, subject to the fulfillment of all regulatory requirements and procedural formalities.