Kamadgiri Fashion Limited has submitted its mandatory annual disclosure to BSE Limited, confirming that promoters and promoter group members maintained no encumbrance on company shares during the financial year ended 31st March, 2026. The disclosure fulfills regulatory requirements under Regulation 31(4) of the Securities Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Regulatory Compliance Details

The disclosure was filed on 2nd April, 2026, through a formal communication to BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai. The filing confirms that no direct or indirect encumbrance was created over company shares by promoters during the specified financial year.

Promoter Declaration

Promoter Pradip Kumar Goenka submitted the formal declaration on behalf of the promoter and promoter group, including persons acting in concert. The declaration specifically states that no encumbrance was made directly or indirectly over company shares during the financial year ended 31st March, 2026.

The disclosure was digitally signed and processed by Company Secretary Cum Compliance Officer Siddhant Singh, ensuring proper documentation and regulatory submission protocols were followed.

Corporate Governance Significance

This annual disclosure represents a key corporate governance requirement under SEBI regulations, designed to maintain transparency regarding promoter shareholding patterns and any potential restrictions on share transfers. The confirmation of no encumbrance indicates that promoter shares remain freely transferable without any legal or contractual restrictions.

The filing demonstrates Kamadgiri Fashion Limited's commitment to regulatory compliance and transparent disclosure practices, providing stakeholders with clear information about promoter shareholding status and maintaining market confidence through proper governance protocols.

Jagruti Synthetics Private Limited has disclosed a further increase in its shareholding in Kamadgiri Fashion Limited through open market transactions, as per regulatory requirements under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Latest Transaction Details

The company acquired 60,294 shares of Kamadgiri Fashion Limited on March 10, 2026, through open market transactions. This acquisition represents 1.03% of the total share capital of the target company.

Updated Shareholding Position

The latest transaction resulted in a significant change in Jagruti Synthetics' ownership position in Kamadgiri Fashion Limited. The company's shareholding increased from 5.37% to 6.40% following the recent acquisition.

Company Structure and Capital

Kamadgiri Fashion Limited maintains a total equity share capital of Rs. 5,86,93,710, comprising 58,69,371 shares at Rs. 10.00 each. The share capital structure remained unchanged following this transaction, with only the ownership distribution being affected.

Jagruti Synthetics Private Limited belongs to the promoter group of Kamadgiri Fashion Limited, making this disclosure mandatory under SEBI regulations. The company's shares are listed on BSE Limited under scrip code 514322.

Regulatory Compliance

The disclosure was made pursuant to Regulation 29(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters and persons acting in concert to disclose substantial changes in shareholding patterns to ensure market transparency and investor protection. The formal disclosure was submitted to BSE Limited and the company secretary of Kamadgiri Fashion Limited on March 10, 2026.