Indiqube Spaces confirms no share encumbrance in FY26
Indiqube Spaces Ltd and its promoter group confirmed no encumbrance on shares during FY26, barring prior disclosures. The filing, submitted by Rishi Das, complied with SEBI Takeover Code regulations and listed 29 entities as promoters or promoter group members. Rishuman Constructions Private Limited was added to the promoter group in February 2026.

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Indiqube Spaces Ltd and its promoter group have confirmed that no shares were encumbered during the financial year ended March 31, 2026, excluding those already disclosed. The declaration was made in compliance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This disclosure ensures transparency regarding the holding status of the company's key stakeholders.
The confirmation was submitted by Rishi Das, Chairman, CEO and Executive Director of Indiqube Spaces Ltd , on behalf of the promoters and promoter group. The filing requested that the information be placed before the company's ensuing audit committee meeting, adhering to the provisions of Regulation 31(5) of the Takeover Code.
The disclosure included a comprehensive list of promoters and promoter group entities. The list identifies individuals and corporate entities that fall within the promoter group, including trusts and limited liability partnerships.
Promoter and Promoter Group Details
The following table outlines the entities classified as promoters or part of the promoter group:
| Sl No. | Name of Promoter/Promoter Group | Promoter/Promoter Group |
|---|---|---|
| 1. | Mr. Anshuman Das | Promoter |
| 2. | Mr. Rishi Das | Promoter |
| 3. | Ms. Meghna Agarwal | Promoter |
| 4. | Ms. Ashu Agarwal | Promoter Group |
| 5. | Ms. Ranjana Das | Promoter Group |
| 6. | Mr. Ramakant Agarwal | Promoter Group |
| 7. | Ms. Bimla Agarwal | Promoter Group |
| 8. | Ms. Nishu Agarwal | Promoter Group |
| 9. | Ms. Ananya Agarwal | Promoter Group |
| 10. | Mr. Siddharth Agarwal | Promoter Group |
| 11. | Ms. Anandita Agarwal | Promoter Group |
| 12. | Ms. Anushka Agarwal | Promoter Group |
| 13. | Careernet Technologies Private Limited | Promoter Group |
| 14. | Hirepro Consulting Private Limited | Promoter Group |
| 15. | A4 Family Trust | Promoter Group |
| 16. | MMARS Trust | Promoter Group |
| 17. | SRI Family Trust | Promoter Group |
| 18. | Ranjana Anant Charitable Trust | Promoter Group |
| 19. | Innoprop Spaces Private Limited | Promoter Group |
| 20. | Hirepro Technologies Private Limited | Promoter Group |
| 21. | Million Minds Management Services Limited | Promoter Group |
| 22. | Ameyaa Spaces | Promoter Group |
| 23. | Ultrafine Minerals | Promoter Group |
| 24. | Grub Group | Promoter Group |
| 25. | ISPL Solar India LLP | Promoter Group |
| 26. | ISPL Properties India LLP | Promoter Group |
| 27. | Shinten Projects LLP | Promoter Group |
| 28. | Careernet Consulting INC | Promoter Group |
| 29. | Rishuman Constructions Private Limited | Promoter Group |
A note attached to the list clarified that Rishuman Constructions Private Limited, incorporated on February 25, 2026, is included in the promoter group. The classification is based on Regulation 2(1)(pp) of the SEBI (ICDR) Regulations, as the entire share capital is held by the promoter and promoter group of Indiqube Spaces Ltd. The shareholding distribution includes Mr. Rishi Das holding 33.50%, Mr. Anshuman Das holding 32.66%, and Ms. Ranjana Das holding 33.84%.
Historical Stock Returns for Indiqube Spaces
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.32% | +17.18% | +2.82% | -14.17% | -19.26% | -19.26% |
Does the absence of encumbered shares suggest that Indiqube Spaces is preparing for a fresh capital raise or M&A activity in the near future?
How will the recent inclusion of Rishuman Constructions Private Limited in the promoter group impact the company's strategic expansion into real estate development?
What is the strategic rationale behind consolidating promoter holdings through numerous trusts and LLPs, and could this structure lead to governance complexities?


































