Jyoti Global Plast confirms no encumbrance on promoter holdings in FY26
Jyoti Global Plast filed a disclosure with the National Stock Exchange confirming no encumbrance on promoter equity holdings for FY26. The promoter group, led by Hiren Bhawanji Shah, holds 72.9062% of the total equity shares. The declaration was submitted on April 7, 2026, in compliance with SEBI regulations.
*this image is generated using AI for illustrative purposes only.
jyoti global plast has confirmed that its promoters and promoter group did not create any encumbrance on their equity holdings during the financial year ended March 31, 2026. The disclosure, submitted to the National Stock Exchange of India, is a mandatory annual declaration under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. This compliance ensures transparency regarding the pledging or hypothecation of shares by key shareholders, which is a critical factor for investor confidence.
The declaration was made by Hiren Bhawanji Shah, Managing Director, on behalf of himself and persons acting in concert. The filing confirms that no shares were encumbered directly or indirectly throughout FY26. The disclosure provides a detailed breakdown of the shareholding structure within the promoter group, highlighting the concentration of ownership.
The promoter group, comprising seven individuals, holds a cumulative 1,44,50,000 equity shares. This represents 72.9062% of the company's total share or voting capital. The largest individual shareholders are Bhawanji Khimji Shah and Hiren Bhawanji Shah, both holding significant stakes in the entity.
Shareholding Details
The following table outlines the equity shares held by each member of the promoter and promoter group as of the disclosure date:
| Sl. No. | Name(s) of Promoter(s), member of the Promoter Group and Persons Acting in Concert (PAC) | Category | No. of Equity Shares held in Target Company (TC) | % age w.r.t. total share/ voting capital |
|---|---|---|---|---|
| 1. | Hiren Bhawanji Shah | Promoter | 47,86,500 | 24.1498 |
| 2. | Bhawanji Khimji Shah | Promoter | 48,64,600 | 24.5439 |
| 3. | Deven Bhawanji Shah | Promoter | 47,86,500 | 24.1498 |
| 4. | Karan Deven Shah | Promoter Group | 3,100 | 0.0156 |
| 5. | Rachana Hiren Shah | Promoter Group | 3,100 | 0.0156 |
| 6. | Rakhi Deven Shah | Promoter Group | 3,100 | 0.0156 |
| 7. | Sainyum Hiren Shah | Promoter Group | 3,100 | 0.0156 |
| Total | 1,44,50,000 | 72.9062 |
The document was signed and submitted by Hiren Bhawanji Shah on April 7, 2026. A copy of the disclosure has been forwarded to the Audit Committee of Jyoti Global Plast Limited for their records and review. The company is headquartered at R – 554/555, T.T.C., M.I.D.C., Near Golden Garage, Rabale, Navi Mumbai.
Historical Stock Returns for Jyoti Global Plast
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.44% | +10.67% | +8.11% | -12.13% | -36.17% | -36.17% |
Will the absence of share encumbrance enable Jyoti Global Plast to secure better financing terms for future expansion?
How might the high promoter concentration (72.9%) impact liquidity and trading volume for retail investors?
Does the company plan to maintain this zero-pledge policy, or could encumbrance be considered for future capital raising?
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