Kothari Sugars and Chemicals Promoters Declare No Encumbrance on Shares for FY26
Promoters of Kothari Sugars and Chemicals Limited declared no encumbrance on shares held during FY26. NBK Real Estates Private Limited holds 5,81,86,610 shares, while individual promoters Nina B. Kothari, Arjun B. Kothari, and Nayantara B. Kothari hold 26,83,498, 54,467, and 23,025 shares respectively. Anandita Kothari declared she holds no shares.
*this image is generated using AI for illustrative purposes only.
Promoters of Kothari Sugars and Chemicals Limited have formally declared that no encumbrance was created on the shares held by them during the financial year 2025-2026. These declarations were submitted to the National Stock Exchange of India Ltd. and the company's Audit Committee on April 01, 2026, in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
NBK Real Estates Private Limited, a promoter of Kothari Sugars & Chemicals , confirmed that it has not made any encumbrance either directly or indirectly on the shares held. The company stated that it held 5,81,86,610 shares as on March 31, 2026. The declaration was signed by Arjun B. Kothari, Director of NBK Real Estates Private Limited.
In addition to the corporate entity, individual promoters also submitted their respective declarations. Arjun B. Kothari, in his personal capacity, declared holding 54,467 shares as on March 31, 2026, and confirmed no encumbrance on these shares. Similarly, Nina B. Kothari declared holding 26,83,498 shares as on the same date, affirming that no encumbrance was made on them during the financial year.
Shareholding Details
The following table summarizes the shares held by the promoters as declared on March 31, 2026:
| Promoter Name | Shares Held as on 31.03.2026 |
|---|---|
| NBK Real Estates Private Limited | 5,81,86,610 |
| Nina B. Kothari | 26,83,498 |
| Arjun B. Kothari | 54,467 |
| Nayantara B. Kothari | 23,025 |
Nayantara B. Kothari also provided a declaration confirming no encumbrance on the 23,025 shares she held as on March 31, 2026. Meanwhile, promoter Anandita Kothari submitted a separate declaration stating that she does not hold any shares in the target company during the financial year 2025-2026, and therefore, the question of encumbrance does not arise. All declarations have been addressed to the Listing Department of the National Stock Exchange and the Chairman of the Audit Committee of Kothari Sugars and Chemicals Limited.
Historical Stock Returns for Kothari Sugars & Chemicals
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.58% | +3.02% | -5.26% | -9.76% | -35.95% | -34.86% |
Could the clean encumbrance status of NBK Real Estates' 5.81 crore shares signal potential open market acquisitions or a creeping acquisition strategy by the Kothari promoter group in FY2026-27?
How might Kothari Sugars and Chemicals' promoter shareholding structure evolve if Anandita Kothari decides to acquire shares in the company in future financial years?
Given the sugar sector's sensitivity to government policies on ethanol blending and MSP revisions, how could regulatory changes in FY2026-27 influence promoter decisions around pledging or encumbering their stakes?
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