KAMA Holdings Limited Confirms Zero Encumbrance on SRF Limited Shares for FY26 Under SEBI Takeover Regulations
KAMA Holdings Limited has filed a disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, on 03.04.2026, confirming zero encumbrance on SRF Limited shares for the financial year ending 31.03.2026. The promoter and promoter group collectively hold 148982500 equity shares, representing 50.26% of SRF Limited's total equity capital. Kama Holdings Limited alone holds 148845000 shares, equivalent to 50.21% of total equity. The declaration was signed by Ekta Maheshwari, Whole Time Director, CFO & Company Secretary of KAMA Holdings Limited.

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KAMA Holdings Limited, acting as a promoter of SRF Limited , has submitted a formal disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, dated 03.04.2026. The declaration confirms that no member of the promoter and promoter group, including persons acting in concert, has created any encumbrance on shares of SRF Limited, either directly or indirectly, during the financial year ending on 31.03.2026.
Regulatory Disclosure Details
The disclosure was filed with SRF Limited's Company Secretary/Audit Committee Chairman, BSE Limited, and the National Stock Exchange of India Limited. The declaration was digitally signed by Ekta Maheshwari, Whole Time Director, CFO & Company Secretary of KAMA Holdings Limited, on 03.04.2026.
Promoter and Promoter Group Shareholding
As part of the disclosure, an annexure detailing the entities and individuals on whose behalf the declaration is being submitted was enclosed. The following table presents the shareholding details of the promoter and promoter group members who hold equity shares in SRF Limited:
| Name: | Promoter/Promoter Group | No. of Equity Shares Held | % of Total Equity Capital |
|---|---|---|---|
| Kama Holdings Limited | Yes | 148845000 | 50.21% |
| Mr. Arun Bharat Ram | Yes | 87500 | 0.03% |
| Mr. Ashish Bharat Ram | Yes | 25000 | 0.01% |
| Mr. Kartik Bharat Ram | Yes | 25000 | 0.01% |
| Total | 148982500 | 50.26% |
The remaining members of the promoter and promoter group, including Mrs. Vasvi Bharat Ram, Mrs. Radhika Bharat Ram, Ms. Kairavi Bharat Ram, Ms. Apoorvi Bharat Ram, Mr. Maahir Bharat Ram, Ms. Ahaana Bharat Ram, and several associated entities, are listed as part of the promoter group but do not hold any reported equity shares in SRF Limited.
Full List of Promoter Group Entities
The declaration covers a comprehensive list of entities and individuals forming the promoter and promoter group. The associated entities included in the disclosure are:
- SRF Altech Limited
- SRF Holiday Home Limited
- SRF Global BV
- SRF Industries (Thailand) Ltd
- SRF Flexipak (South Africa) (Pty) Ltd
- SRF Industex Belting (pty) Ltd.
- SRF Europe KFT
- SRF Transnational Holdings Ltd
- KAMA Realty (Delhi) Ltd
- Shri Educare Ltd.
- Shri Educare Maldives Pvt Ltd
- Orange Farms Private Limited
- Lotus Estates Private Limited
- Bharat Ram Associates Pvt Ltd
- Srishti Westend Green Farms LLP
- KARM Farms LLP
- Karmav Real Estate Holdings LLP
- Rose Farms (Delhi) LLP
- KAMA Real Estate Holdings LLP
- TYP SY Beauty Products LLP
- TYP SY Beauty Procurement Services Private Ltd
- KAI INDIA MENTAL HEALTH FORUM
- SRF Middle East LLC
Summary of Declaration
The aggregate promoter and promoter group holding in SRF Limited stands at 148982500 equity shares, accounting for 50.26% of the total equity capital. The declaration reaffirms that no encumbrance of any nature was created on these shares during the financial year ending 31.03.2026, in compliance with the applicable SEBI regulations.
Historical Stock Returns for SRF
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.76% | -3.82% | +4.92% | -6.07% | -12.09% | +104.02% |
Could KAMA Holdings Limited's 50.21% concentrated stake in SRF Limited become a target for regulatory scrutiny regarding minimum public shareholding norms in the future?
How might SRF Limited's promoter group's diverse international subsidiaries across Thailand, South Africa, and Europe influence the company's global expansion strategy going forward?
Given the clean encumbrance record, are there any indications that the promoter group plans to increase or decrease its stake in SRF Limited through open market transactions or block deals?






























