Promoters of Hikal Limited have confirmed that their shareholding in the company remained unencumbered throughout the financial year 2025-26. The disclosure, submitted to BSE Limited and National Stock Exchange of India Limited, covers 41,940,750 equity shares held by Kalyani Investment Company Limited (KICL) and BF Investment Limited (BFIL).

The filing was made by B.N. Kalyani, a Promoter of Hikal Limited, in compliance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The regulation requires promoters to declare whether their shares are free from any encumbrance, directly or indirectly, during the financial year.

KICL holds 38,667,375 equity shares, representing a 31.36% stake, while BFIL holds 3,273,375 equity shares, accounting for 2.65% of the total share capital. The declaration confirms that none of these shares were encumbered at any point during FY26.

Promoter Group Shareholding Details

The following table details the shareholding of the promoter group entities as on March 31, 2026:

Hikal Limited will transfer unclaimed final dividends for the financial year 2018-19 and the corresponding equity shares to the Investor Education and Protection Fund (IEPF) on September 5, 2026. This action follows the provisions of Section 124 of the Companies Act, 2013, and the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. The transfer applies to dividends that have remained unclaimed for seven or more consecutive years.

The company has sent individual communications to shareholders whose shares are liable for transfer and published reminder letters in newspapers including Business Standard and Mumbai Lakshadeep on May 30, 2026. Shareholders holding shares in physical form will have new share certificates issued to the IEPF, automatically cancelling the original certificates. For dematerialized shares, the company will instruct depositories to transfer the shares to the IEPF's demat account.

Shareholders must claim their unclaimed dividends by September 5, 2026, to prevent the transfer of their equity shares. Claims should be submitted to the company's Registrar and Transfer Agent, MUFG Intime India Private Limited, along with necessary documents such as the Investor Service Request Form and a cancelled cheque leaf. Any benefits accruing on the transferred shares will also be issued to the IEPF Authority.

Once the shares are transferred, shareholders can reclaim both the dividend and the shares from the IEPF Authority by following the procedure prescribed under the Rules, which involves filing web form IEPF 5. The company has made the complete details of affected shareholders, including folio numbers and Demat account details, available on its website.