ISF Limited Declares No Encumbrance on Promoter Shares During FY26

ISF Limited has submitted a regulatory declaration to BSE Limited confirming that its promoter and promoter group members have maintained clean shareholdings without any encumbrance during the financial year 2025-26. The declaration, filed on April 8, 2026, demonstrates the company's compliance with securities market regulations and commitment to transparent disclosure practices.

Regulatory Compliance Declaration

The filing was made under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which mandates specific disclosures regarding promoter shareholdings. CEO Vishal Dang digitally signed the declaration, formally confirming that no encumbrance was created on ISF Limited shares held by promoters during the specified period.

Parameter:	Details
Filing Date:	April 8, 2026
Regulation:	SEBI Takeover Regulations 31(4)
Signatory:	Vishal Dang, CEO
BSE Scrip Code:	526859
Financial Year:	2025-26

Significance of Declaration

This regulatory filing serves multiple purposes in maintaining market transparency and investor confidence. The declaration confirms that promoter shares remain unencumbered, which is crucial information for investors and regulatory authorities monitoring shareholding patterns and potential changes in company control structures.

The filing was also copied to the company's Audit Committee, ensuring internal governance bodies are informed of the regulatory compliance. Such declarations are essential components of corporate governance frameworks and help maintain the integrity of securities markets by providing clear information about promoter shareholding status.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.10%	+11.11%	0.0%	-10.00%	-54.55%	-11.76%

ISF Limited has disclosed a significant divestment by its Chief Executive Officer Vishal Dang, who sold 71,00,000 equity shares through multiple off-market transactions on February 27, 2026. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details and Acquirer Information

The CEO executed four separate share sales on the same trading day, all conducted through off-market transactions on BSE Limited. The shares were acquired by four different individuals, none of whom belong to the promoter or promoter group.

Transaction	Acquirer	Shares Sold	Pre-Transaction Holding	Post-Transaction Holding	Shareholding Change
First Sale	Shweta Arora	6,10,000	71,84,910 (7.56%)	65,74,910 (6.92%)	-0.64%
Second Sale	Shashi Kant Pandey	10,00,000	65,74,910 (6.92%)	55,74,910 (5.87%)	-1.05%
Third Sale	Ashwini Arora	37,50,000	55,74,910 (5.87%)	18,24,910 (1.92%)	-3.95%
Fourth Sale	Anil Kumar Verma	17,40,000	18,24,910 (1.92%)	84,910 (0.09%)	-1.83%

Regulatory Compliance Framework

The company received the mandatory disclosure from Vishal Dang on March 02, 2026, which was subsequently filed with BSE Limited. The transactions were disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, ensuring compliance with substantial acquisition disclosure requirements.

Regulatory Parameter	Details
Total Equity Capital	INR 9,50,00,000 (9.50 crore shares of INR 1 each)
Transaction Mode	Off-Market
Exchange	BSE Limited
Disclosure Date	March 02, 2026

Impact on Shareholding Structure

The divestment represents a significant change in the CEO's stake in ISF Limited. Dang's total shareholding decreased from 71,84,910 shares representing 7.56% of the company to just 84,910 shares representing 0.09% of the total shareholding. This reduction of over 7% in shareholding marks a substantial change in his investment position within the company.

All four acquirers are non-promoter entities, indicating the shares have been transferred to external investors. The transactions were completed within the regulatory framework, with proper documentation submitted to BSE Limited, maintaining transparency and compliance with SEBI guidelines for substantial acquisition disclosures.