Kohinoor Foods confirms no encumbrance on promoter shares

1 min read     Updated on 23 Jun 2026, 03:42 AM
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AI Summary

Kohinoor Foods Limited disclosed that its promoters hold 13,965,790 shares as on March 31, 2026, with no encumbrance other than those previously disclosed. The filing was made under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Satnam Arora, Promoter and Joint Managing Director, authorized the submission on behalf of the promoters and Persons Acting in Concert.

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kohinoor foods has confirmed that its promoters have not created any encumbrance on their shareholdings during the financial year ended March 31, 2026. The disclosure, submitted to the stock exchanges, states that the promoters hold 13,965,790 shares in the company as of the specified date. This declaration ensures that the shares are free from charges such as pledges or hypothecation, barring any previously disclosed liabilities.

The filing was made pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. This regulation mandates disclosures regarding the encumbrance of shares by promoters and Persons Acting in Concert (PAC). The submission confirms compliance with these norms, providing transparency to shareholders regarding the status of the promoter's holdings.

Shareholding Details

The disclosure provides specific data regarding the promoter's shareholding position as of the close of the financial year.

Parameter Details
Total shares held 13,965,790
Date of status March 31, 2026
Encumbrance status No encumbrance

Satnam Arora, Promoter and Joint Managing Director of Kohinoor Foods Limited, authorized the submission of this disclosure. The letter was addressed to the Listing Departments of the National Stock Exchange of India Limited and BSE Limited. The confirmation covers the equity shares held directly or indirectly by the promoters and PAC.

Historical Stock Returns for Kohinoor Foods

1 Day5 Days1 Month6 Months1 Year5 Years
+0.08%+0.97%+6.71%-8.94%-25.00%+236.39%

How will the absence of encumbrance on promoter shares impact investor confidence in Kohinoor Foods' stock?

What are the potential strategic plans for the unpledged promoter holdings in the upcoming financial year?

Could this disclosure signal a shift in the company's capital structure or future fundraising strategies?

Kohinoor Foods FY26 net profit falls to ₹8,068 lakh

1 min read     Updated on 29 May 2026, 02:47 AM
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Kohinoor Foods Limited reported a sharp decline in net profit to ₹8,068 lakh for FY26 from ₹35,251 lakh in FY25, while revenue from operations increased to ₹14,760 lakh. The Board approved the audited financial results, which include a qualified opinion from auditors M/s N C Raj & Associates regarding the company's going concern status and unprovided interest on a revoked corporate guarantee. The company sold its Murthal Rice Plant for ₹190 crore and settled its One Time Settlement with lenders in full during the year.

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Kohinoor Foods Limited reported a net profit of ₹8,068 lakh for the financial year ended March 31, 2026, a significant decline from the ₹35,251 lakh recorded in the previous year. Revenue from operations rose to ₹14,760 lakh, up from ₹8,639 lakh in FY25. The company's Board of Directors approved the audited standalone and consolidated financial results at a meeting held on May 28, 2026.

The profit for the quarter ended March 31, 2026, stood at ₹8,765 lakh, compared to ₹37,564 lakh in the same quarter of the previous year. Total income for the quarter was ₹2,788 lakh. For the full year, total income reached ₹15,887 lakh. The Board decided not to recommend any dividend for the financial year 2025-26.

The financial results were reviewed by the Audit Committee and approved by the Board. The auditors, M/s N C Raj & Associates, issued a qualified opinion, citing material uncertainty regarding the company's ability to continue as a going concern due to continuous operational losses and negative net worth. The auditors also highlighted that the company did not provide interest towards a revoked corporate guarantee of its wholly owned subsidiary in the USA, amounting to ₹318.42 lakh for the year.

During the year, the company sold its Rice Plant situated at Murthal, Sonipat, Haryana, for a consideration of ₹190 crore and an additional piece of land for ₹8 crore. The company recognized the sale proceeds and the resulting gain as possession and control had been transferred to the buyer. The company also settled its One Time Settlement (OTS) with lenders in full during the year, including interest on delayed payments.

The following table summarizes the standalone financial performance for the year ended March 31, 2026:

Particulars Year Ended 31-03-2026 (Audited) Year Ended 31-03-2025 (Audited)
Revenue from Operations 14,760 8,639
Total Income 15,887 8,759
Total Expenses 16,557 11,329
Profit for the Period 8,068 35,251
Earnings Per Share (Basic) 21.76 95.05

The company stated that its assessment of continuing as a going concern is based on the sanction and full payment of the revised OTS by the lead bank. Several legal matters are pending, including petitions before the Debt Recovery Tribunal and the National Company Law Tribunal, which the company is contesting.

Historical Stock Returns for Kohinoor Foods

1 Day5 Days1 Month6 Months1 Year5 Years
+0.08%+0.97%+6.71%-8.94%-25.00%+236.39%

How will the sale of the Murthal Rice Plant impact Kohinoor Foods' future operational capacity and revenue generation?

What specific strategies will management implement to address the auditors' concerns regarding the company's ability to continue as a going concern?

What are the potential financial and reputational implications of the pending legal proceedings before the Debt Recovery Tribunal and National Company Law Tribunal?

More News on Kohinoor Foods

1 Year Returns:-25.00%