KAMA Holdings Limited Confirms Zero Encumbrance on SRF Limited Shares for FY26 Under SEBI Takeover Regulations

2 min read     Updated on 19 May 2026, 06:54 AM
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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 Day5 Days1 Month6 Months1 Year5 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?

SRF Limited Commissions First Phase of Capacitor Grade BOPP Film Facility at Indore for INR 277 Crores

1 min read     Updated on 19 May 2026, 05:48 AM
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SRF Limited commissioned and capitalised the first phase of its Capacitor Grade BOPP Film manufacturing facility at Indore on 15.05.2026, at an aggregate cost of INR 277 Crores (approx.). The project was originally approved by the Board of Directors on 27.10.2023. The second phase is expected to be capitalised at a cost of INR 6 Crores (approx.) in September 2026. The disclosure was made under Regulation 30 to both BSE Limited and the National Stock Exchange of India Limited.

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SRF Limited has announced the commissioning and capitalisation of the first phase of its Capacitor Grade BOPP Film manufacturing facility located at Indore. The development was formally communicated to stock exchanges on 15.05.2026 by Rajat Lakhanpal, Sr. Vice President (Corporate Compliance) & Company Secretary of the company.

Project Background

The Capacitor Grade BOPP Film manufacturing facility at Indore traces its origins to a Board of Directors approval communicated via a letter dated 27.10.2023. The approval covered the setting up of a dedicated manufacturing line for Capacitor Grade BOPP Film at the Indore location, marking a significant capital expenditure commitment by the company.

Phase-wise Commissioning Details

The project is being executed in two phases. The first phase has now been successfully commissioned and capitalised, while the second phase remains on track for completion later in 2026. The key details of both phases are outlined below:

Parameter: Details
Facility Type: Capacitor Grade BOPP Film Manufacturing Line
Location: Indore
Phase 1 Commissioning Date: 15.05.2026
Phase 1 Cost: INR 277 Crores (approx.)
Phase 2 Expected Capitalisation: September 2026
Phase 2 Cost: INR 6 Crores (approx.)
Board Approval Date: 27.10.2023

Disclosure and Compliance

The announcement was made in accordance with Regulation 30 of the applicable regulatory framework, with formal intimations submitted to both BSE Limited and the National Stock Exchange of India Limited. The disclosure was signed and authenticated digitally by Rajat Lakhanpal on 15.05.2026. SRF Limited's corporate office is located at Block-C, Sector 45, Gurugram, Haryana.

Historical Stock Returns for SRF

1 Day5 Days1 Month6 Months1 Year5 Years
-0.76%-3.82%+4.92%-6.07%-12.09%+104.02%

How will SRF Limited's entry into Capacitor Grade BOPP Film production impact its competitive positioning against established players in the specialty films market?

Given the rapid growth in EV batteries and renewable energy storage, what is the projected demand outlook for Capacitor Grade BOPP Film in India over the next 3-5 years?

Will the commissioning of this facility prompt SRF Limited to announce further capacity expansions or diversification into other high-value specialty film segments?

More News on SRF

1 Year Returns:-12.09%