JD Cables Limited Promoters File No-Encumbrance Declaration Under SEBI SAST Regulations for FY26
JD Cables Limited's promoters, led by Chairman & Managing Director Piyush Garodia, have filed a declaration under Regulation 31(4) of SEBI (SAST) Regulations, 2011, confirming no encumbrance of shares as on 31st March 2026. The declaration, dated 10 May 2026, was submitted to the Bombay Stock Exchange on 11 May 2026 by Company Secretary & Compliance Officer Swati Mittal. The filing affirms that no encumbrance was created, directly or indirectly, by the promoter and promoter group during the financial year, other than those already disclosed.

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JD Cables Limited has submitted a regulatory disclosure to the Bombay Stock Exchange confirming that its promoters and promoter group have not created any encumbrance on their shareholding during the financial year ended 31st March 2026. The filing was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Declaration Under SEBI SAST Regulations
Pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, the members of the promoter and promoter group, including persons acting in concert, have declared that as on 31st March 2026, no encumbrance has been created, directly or indirectly, other than those already disclosed during the financial year. The declaration was signed by Piyush Garodia, Promoter and Chairman & Managing Director, on behalf of the promoter and promoter group, and is dated 10 May 2026.
Filing Details
The key details of this regulatory submission are outlined below:
| Parameter: | Details |
|---|---|
| Company Name: | JD Cables Limited |
| Exchange: | Bombay Stock Exchange Limited |
| Regulation: | SEBI (SAST) Regulations, 2011 — Regulation 31(4) |
| Declaration Date: | 10 May 2026 |
| Submission Date: | 11 May 2026 |
| Period Covered: | Financial year ended 31st March 2026 |
| Declarant: | Piyush Garodia, Promoter and Chairman & Managing Director |
| Filed By: | Swati Mittal, Company Secretary & Compliance Officer |
| Membership No.: | F13430 |
Compliance and Submission
The disclosure was forwarded to BSE by Swati Mittal, Company Secretary & Compliance Officer (Membership No. F13430), via a covering letter dated 11 May 2026. The submission confirms that the promoter and promoter group are in compliance with the applicable SEBI regulations governing substantial acquisition of shares and takeovers, with no new encumbrances reported beyond those previously disclosed during the financial year.
How might JD Cables Limited's clean encumbrance record influence institutional investor confidence and potential stake acquisitions in the company going forward?
Could the promoters' decision to maintain unencumbered shareholding signal plans for future fundraising through promoter-backed instruments or open market transactions?
What are the broader implications for JD Cables Limited's credit profile and borrowing capacity given that promoter shares remain free of pledges or encumbrances?

































