Happy Forgings promoters report no share encumbrance in FY26
Happy Forgings Limited confirmed that its promoters and persons acting in concert did not encumber any shares during the financial year ended March 31, 2026. The declaration, submitted to NSE and BSE on April 03, 2026, adheres to SEBI (SAST) Regulations and includes an annexure listing 36 stakeholders.
*this image is generated using AI for illustrative purposes only.
Happy Forgings Limited has confirmed that its promoters and persons acting in concert (PACs) did not encumber any shares during the financial year ended March 31, 2026. The disclosure was made to the National Stock Exchange of India and BSE Ltd on April 03, 2026, adhering to Regulation 31(4) and 31(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
The declaration, submitted on behalf of the promoters by Paritosh Kumar, explicitly states that no shares were encumbered directly or indirectly throughout FY26. The communication included a comprehensive annexure listing the Permanent Account Numbers (PAN) of all relevant stakeholders to validate the claim.
Promoter and PAC Details
The filing identifies 36 entities categorized as promoters, directors, subsidiaries, and promoter group members. The list encompasses key individuals and corporate entities associated with happy forgings .
| S.N | NAME | RELATIONSHIP |
|---|---|---|
| 1 | HFL TECCHOLOGIES PRIVATE LIMITED | subsidiary |
| 2 | RAJESWARI KARTHIGEYAN | Director |
| 3 | ATUL B LALL | Director |
| 4 | ASHISH GARG | Promoter |
| 5 | PARITOSH KUMAR | Promoter |
| 6 | MEGHA GARG | Promoter |
| 7 | RAVINDRA PISHARODY | Director |
| 8 | GARG FAMILY TRUST | Promoter |
| 9 | PARITOSH KUMAR GARG (HUF) | Promoter |
| 10 | ASHISH GARG & SONS (HUF) | Promoter |
| 11 | AYUSH CAPITAL & FINANCIAL SERVICES P LTD | Promoter |
| 12 | HAPPY STEELS LIMITED | Promoter Group |
| 13 | NORTHSTAR AUTOCOMP PRIVATE LIMITED | Promoter Group |
| 14 | GAMO FORGINGS PRIVATE LIMITED | Promoter Group |
| 15 | SHEENA GUPTA | Promoter Group |
| 16 | AIFA - THE DESIGNER HOUSE (PROPRIETOR SHEENA GUPTA) | Promoter Group |
| 17 | RG FORGINGS(PARTNERSHIP FIRM) | Promoter Group |
| 18 | SANJEEV GARG (HUF) | Promoter Group |
| 19 | PARVEEN GARG (HUF) | Promoter Group |
| 20 | SATISH KUMAR AND SONS (HUF) | Promoter Group |
| 21 | ASHWANI KUMAR & SONS (HUF) | Promoter Group |
| 22 | ARISUDANA INDUSTRIES LTD. | Promoter Group |
| 23 | GOPALJEE LAND DEVELOPERS PRIVATE LIMITED | Promoter Group |
| 24 | GOPALJEE SPINNERS (PARTNERSHIP FIRM) | Promoter Group |
| 25 | GOPALJEE REALITY LLP | Promoter Group |
| 26 | SUMAN GARG | Promoter Group |
| 27 | SANJEEV GARG | Promoter Group |
| 28 | PARVEEN KUMAR GARG | Promoter Group |
| 29 | SATISH KUMAR | Promoter Group |
| 30 | ASHWANI KUMAR GARG | Promoter Group |
| 31 | SAROJ AGGARWAL | Promoter Group |
| 32 | SUDESH KUMARI AGARWAL | Promoter Group |
| 33 | RASHMI GARG | Promoter Group |
| 34 | GAGAN KHANNA | Promoter Group |
| 35 | NOMITA KHANNA | Promoter Group |
| 36 | SIDHARTH KHANNA | Promoter Group |
The document was signed by Paritosh Kumar, a promoter of the company, on behalf of himself and the other promoters. The submission requests the exchanges to place the information on their records.
Historical Stock Returns for Happy Forgings
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +5.06% | +3.23% | +10.69% | +39.26% | +75.85% | +40.67% |
How might Happy Forgings' clean promoter shareholding record influence institutional investor confidence and potential foreign portfolio investment in the company going forward?
With no share encumbrances reported in FY26, could Happy Forgings' promoters be positioning for future capital raises or strategic acquisitions without pledging constraints?
How does Happy Forgings' zero-encumbrance promoter holding compare to industry peers in the forging and auto-components sector, and what competitive advantage might this signal?
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