K G Denim Limited Files Nil Encumbrance Disclosure Under SEBI Takeover Regulations for FY26

2 min read     Updated on 08 Apr 2026, 08:47 PM
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AI Summary

K G Denim Limited submitted its mandatory annual disclosure under SEBI takeover regulations for FY26, confirming that promoters and promoter group members holding a total of 15,058,956 shares did not create any encumbrance during the financial year ended March 31, 2026. The comprehensive filing includes detailed shareholding information for all promoter entities and demonstrates regulatory compliance.

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K G Denim Limited has filed its mandatory annual disclosure under SEBI takeover regulations, confirming that promoters and promoter group members did not create any encumbrance on their shareholdings during the financial year ended March 31, 2026. The disclosure was submitted to BSE Limited on April 8, 2026, in compliance with Regulation 31(4) & (5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Regulatory Compliance Filing

Company Secretary M Balaji submitted the compliance disclosure on behalf of K G Denim Limited, accompanied by a detailed declaration from promoter B Sriramulu. The filing confirms that promoters and members of the promoter group, including persons acting in concert, have not made any encumbrance over their shares during FY26.

Complete Promoter and Promoter Group Holdings

The comprehensive disclosure reveals the complete shareholding structure of all promoter and promoter group entities as of March 31, 2026:

Category: Name Shares Held Encumbrance Status
Promoter Sriramulu B 3,458,659 Nil
Promoter Sri Kannapiran Mills Limited 3,265,183 Nil
Promoter Srihari B 2,231,859 Nil
Promoter Balakrishnan K G 1,334,060 Nil
Promoter Anandhi T 1,015,500 Nil
Promoter Bakthavathsalam G 104,609 Nil

Promoter Group Member Holdings

The promoter group includes several individual and corporate entities with significant shareholdings:

Entity Type: Name Shares Held
Corporate Ganapathykumaran Investments (P) Ltd 1,014,255
Corporate Kumaranganapathy Investments (P) Ltd 882,707
Individual Nikethana Thulasidharan 507,750
Individual Sailendra Thulasidharan 507,750
Individual Nirupa Sriramulu 196,738
Individual Vasanthi R 174,100
Individual Dhanalakshmi B 173,400
Individual Deepika Karthikeyan 72,600
Individual Pranav Sriraman 67,736
Individual Aadya Srihari 52,050

Total Holdings and Compliance Declaration

The complete promoter and promoter group collectively holds 15,058,956 shares in K G Denim Limited as of March 31, 2026. B Sriramulu, acting on behalf of all promoters and promoter group members, provided a formal declaration confirming the nil encumbrance status for all shareholdings during the financial year.

Documentation and Transparency

The disclosure was copied to the company's Audit Committee and Company Secretary, ensuring comprehensive internal compliance documentation. This annual filing demonstrates the company's adherence to SEBI's transparency requirements regarding promoter shareholding activities and maintains regulatory compliance under the takeover regulations.

Historical Stock Returns for KG Denim

1 Day5 Days1 Month6 Months1 Year5 Years
+1.25%+17.38%+12.49%-9.19%+6.30%-39.63%

Will K G Denim's promoters consider pledging shares for business expansion or debt restructuring in the upcoming financial year?

How might the concentrated promoter ownership structure of 15+ million shares impact potential institutional investor interest or market liquidity?

Could the clean encumbrance status signal upcoming strategic initiatives like acquisitions or joint ventures that require unencumbered promoter holdings?

KG Denim: B Sriramulu Increases Stake to 13.49% Through Share Acquisition

2 min read     Updated on 27 Mar 2026, 09:29 PM
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Radhika SScanX News Team
AI Summary

KG Denim Limited disclosed promoter B Sriramulu's acquisition of 12.50 lakh equity shares through inter-se transfer, raising his stake from 8.61% to 13.49%. The transaction, completed on March 25, 2026, represents internal restructuring within the promoter group while maintaining overall promoter holding at 58.74% of the company's 2.56 crore equity shares.

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KG Denim Limited has disclosed a substantial acquisition of shares by promoter B Sriramulu under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction involved the acquisition of 12.50 lakh equity shares through an off-market inter-se transfer among promoters and immediate relatives, completed on March 25, 2026.

Transaction Details

The acquisition represents a significant internal restructuring within the promoter group of KG Denim Limited. B Sriramulu acquired 12.50 lakh equity shares, representing 4.88% of the company's total voting capital.

Parameter: Before Acquisition After Acquisition Change
B Sriramulu's Holding: 22.08 lakh shares (8.61%) 34.58 lakh shares (13.49%) +12.50 lakh shares (+4.88%)
PACs Holding: 1.50 crore shares (58.74%) 1.50 crore shares (58.74%) No change
Total Promoter Group: 1.50 crore shares (58.74%) 1.50 crore shares (58.74%) No change

Acquisition Structure

The transaction was executed as an off-market inter-se transfer among promoters and immediate relatives, indicating an internal reorganization within the existing promoter group structure. No external parties were involved in this share transfer, and the acquisition did not involve any encumbrances, warrants, or convertible securities.

Company Capital Structure

KG Denim Limited maintains a stable equity structure with 2.56 crore equity shares of ₹10 each, representing a total equity share capital of ₹25.63 crore. The company's shares are listed on BSE Limited, and the capital structure remained unchanged following this transaction.

Detailed Promoter Holdings

The comprehensive promoter group composition shows significant changes in individual holdings post-transaction:

Promoter Name: Pre-Transaction Shares Post-Transaction Shares Holding Change
B Sriramulu: 22.08 lakh (8.61%) 34.58 lakh (13.49%) +12.50 lakh
K G Balakrishnan: 25.84 lakh (10.08%) 13.34 lakh (5.20%) -12.50 lakh
Srihari B: 22.31 lakh (8.71%) 22.31 lakh (8.71%) No change
Sri Kannapiran Mills Limited: 32.65 lakh (12.74%) 32.65 lakh (12.74%) No change

The transaction resulted in B Sriramulu becoming the largest individual promoter within the group, while K G Balakrishnan's holding decreased correspondingly, suggesting an internal transfer between these two promoters.

Regulatory Compliance

The disclosure was made in compliance with SEBI regulations governing substantial acquisitions of shares and takeovers. The transaction maintains the existing promoter group's collective holding at 58.74%, ensuring continuity in the company's ownership structure while allowing for internal stake adjustments among promoter entities. The regulatory filing was completed on March 26, 2026, one day after the transaction date.

Historical Stock Returns for KG Denim

1 Day5 Days1 Month6 Months1 Year5 Years
+1.25%+17.38%+12.49%-9.19%+6.30%-39.63%

What strategic initiatives might B Sriramulu pursue now that he has become the largest individual promoter with 13.49% stake?

Could this internal restructuring signal preparations for a larger corporate action such as a merger, acquisition, or IPO expansion?

How might this shift in promoter dynamics affect KG Denim's board composition and key management decisions going forward?

More News on KG Denim

1 Year Returns:+6.30%