Kabra Commercial Limited Files SEBI Disclosure Confirming No New Promoter Encumbrances for FY26

1 min read     Updated on 08 Apr 2026, 03:29 AM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Kabra Commercial Limited has submitted its mandatory annual disclosure under SEBI takeover regulations for FY26, confirming no new encumbrances by promoters. The filing was made on April 7, 2026, with both BSE and CSE, demonstrating the company's compliance with Regulation 31(4) requirements. Promoter Ramawtar Kabra confirmed that no new encumbrances were created during the financial year ended March 31, 2026.

powered bylight_fuzz_icon
37144754

*this image is generated using AI for illustrative purposes only.

Kabra commercial Limited has filed its annual disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for the financial year ended March 31, 2026. The disclosure confirms that the company's promoters and promoter group have not created any new encumbrances during the reporting period.

Regulatory Compliance Filing

The disclosure was submitted on April 7, 2026, to both major stock exchanges where the company is listed. Company Secretary and Compliance Officer Afsha Rafique Nag Chowdhury filed the documents on behalf of the company.

Exchange Details: Information
Bombay Stock Exchange: Scrip Code 539393
Calcutta Stock Exchange: Scrip Code 21038
Filing Date: April 7, 2026
Reporting Period: FY ended March 31, 2026

Promoter Group Declaration

Ramawtar Kabra, acting as the promoter representative, submitted the mandatory declaration confirming compliance with SEBI regulations. The disclosure specifically states that promoters, promoter group members, and persons acting in concert have not made any encumbrances, directly or indirectly, other than those already disclosed during the financial year.

SEBI Regulatory Framework

Under Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, companies are required to make annual disclosures regarding any encumbrances created by promoters and promoter groups. This regulation ensures transparency in shareholding patterns and protects investor interests.

Company Information

Kabra Commercial Limited, incorporated in 1982, operates from its registered office at 2, Brabourne Road, Kolkata. The company maintains its compliance obligations through regular filings with stock exchanges and regulatory authorities. The current disclosure demonstrates the company's adherence to corporate governance standards and regulatory requirements for the financial year 2026.

Historical Stock Returns for Kabra Commercial

1 Day5 Days1 Month6 Months1 Year5 Years
-100.00%0.0%0.0%0.0%0.0%-100.00%

Will Kabra Commercial's clean encumbrance record make it an attractive acquisition target for larger players in 2027?

How might the company leverage its unencumbered promoter holdings to raise capital for expansion or new ventures?

What strategic initiatives could Kabra Commercial pursue given the financial flexibility indicated by zero new encumbrances?

Kabra Commercial Limited Appoints Merchant Banker for Kabra Steel Products Ltd Delisting Process

2 min read     Updated on 06 Apr 2026, 09:47 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Kabra Commercial Limited has formally appointed Intelligent Money Managers Private Limited as the merchant banker for the proposed voluntary delisting of Kabra Steel Products Ltd from Calcutta Stock Exchange. The appointment follows regulatory compliance under SEBI regulations, with the company providing necessary undertakings and board authorizations for the delisting process.

powered bylight_fuzz_icon
37035831

*this image is generated using AI for illustrative purposes only.

Kabra Commercial Limited has appointed Intelligent Money Managers Private Limited as the merchant banker for the proposed voluntary delisting of Kabra Steel Products Ltd from the Calcutta Stock Exchange Limited. The appointment was announced through a regulatory filing dated April 6, 2026, submitted to both the Bombay Stock Exchange Limited and Calcutta Stock Exchange Limited.

Regulatory Compliance and Filing Details

The appointment has been made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and in accordance with Regulation 9 of the SEBI (Delisting of Equity Shares) Regulations, 2021, as amended. Kabra Commercial Ltd is acting as the acquirer/promoter in this delisting process.

Parameter: Details
Merchant Banker: Intelligent Money Managers Private Limited
SEBI Registration No.: INM000012169
Contact Person: Mr. Amit Kumar Mishra
Designation: Assistant Vice President
Address: YMCA Building, 2nd Floor, 25, Jawaharlal Nehru Road, Kolkata – 700087

Company Information and Stock Exchange Details

Kabra Steel Products Ltd is currently listed only on the Calcutta Stock Exchange Limited, making it the sole exchange from which the company's equity shares will be delisted. The delisting process involves the voluntary removal of the company's shares from public trading.

Exchange: Scrip Code
Bombay Stock Exchange Limited: 539393
Calcutta Stock Exchange Limited: 21038

Board Resolution and Authorization

The Board of Directors of Kabra Commercial Limited conducted a meeting on April 6, 2026, at 11:00 A.M. at the company's registered office to formalize the merchant banker appointment. The board resolution confirmed the appointment of Intelligent Money Managers Private Limited as the manager for the delisting offer.

Key authorizations granted include:

  • Authority to Mr. Chandra Prakassh Kabra (DIN: 00338838) and Mr. Ramawtar Kabra (DIN: 00341280) to act on behalf of the company
  • Power to handle all necessary acts, deeds, and matters related to the delisting process
  • Authorization to settle any questions or difficulties that may arise during the process

Compliance Undertakings

As part of the appointment process, Kabra Commercial Ltd has provided specific undertakings regarding the delisting process. The company has confirmed that it has not sold equity shares of Kabra Steel Products Ltd in the last 6 months and has not engaged in any fraudulent, deceptive, or manipulative practices in connection with the proposed delisting.

Corporate Structure

Kabra Commercial Limited operates in coal logistics and liaising, supply chain management, and import of coal and coke. The company is registered under CIN L67120WB1982PLC035410 with its registered office located at 2, Brabourne Road, Kolkata-700 001. The filing was signed by Afsha Rafique Nag Chowdhury, Company Secretary & Compliance Officer, and authorized by Managing Director Rajesh Kumar Kabra (DIN: 00331305).

Historical Stock Returns for Kabra Commercial

1 Day5 Days1 Month6 Months1 Year5 Years
-100.00%0.0%0.0%0.0%0.0%-100.00%

What valuation methodology will be used to determine the delisting price for Kabra Steel Products Ltd shareholders?

How might this delisting impact Kabra Commercial's strategic focus on coal logistics and supply chain operations?

Will other steel companies listed only on regional exchanges follow suit with similar delisting moves?

More News on Kabra Commercial

1 Year Returns:0.00%