Kotyark Industries promoters confirm no share encumbrance in FY26

2 min read     Updated on 23 Jun 2026, 03:43 AM
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Kotyark Industries disclosed that its promoters and promoter group have not created any encumbrance on their shares during the financial year 2025-26. The declaration was submitted to the stock exchanges in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The confirmation covers all promoters and persons acting in concert.

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Kotyark Industries confirmed that its promoters and promoter group have not created any encumbrance on their shares during the financial year 2025-26. The disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited on April 06, 2026, in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The declaration ensures that no shares held by the promoters or persons acting in concert were pledged or otherwise encumbered during the specified period, other than those previously disclosed.

Gaurang Rameshchandra Shah, a Promoter of kotyark industries , submitted the declaration on behalf of the Promoter and Promoter Group and persons acting in concert. The filing stated that no direct or indirect encumbrance was made over the shares held by the group during FY26. The submission included a list of all relevant individuals and entities falling under the promoter and promoter group categories.

The list of promoters and persons acting in concert comprises 18 entities, including Gaurang Rameshchandra Shah and various family members and associated entities. The annexure provided to the exchanges details the names and categories of these stakeholders.

Sr. No. Name of Person Category
1 Gaurang Rameshchandra Shah Promoter
2 Gaurang R. Shah-HUF Promoter Group
3 Bhaviniben Gaurang Shah Promoter Group
4 Brijkumar Gaurang Shah Promoter Group
5 Zalak Jignesh Desai Promoter Group
6 Vandan Gaurang Shah Promoter Group
7 Hemaben Pratikbhai Bakshi Promoter Group
8 Ketkiben Ajaykumar Shah Promoter Group
9 Dipikaben Ashokkumar Shah Promoter Group
10 Depen Ashokkumar Shah Promoter Group
11 Rupalben Snehal Kumar Patel Promoter Group
12 Kotyark Agro Private Limited Promoter Group
13 Kotyark Bio Specialities Limited Promoter Group
14 Semani Industries Limited Promoter Group
15 Kotyark Proteins Private Limited Promoter Group
16 Khadayata Industries Limited Promoter Group
17 Asia Bio Fuels LLP Promoter Group
18 Parth Renewable Energy LLP Promoter Group

The declaration was addressed to the Listing Compliance departments of both exchanges as well as the Audit Committee of Kotyark Industries Limited. The company stated that the disclosure was for the information and records of the concerned authorities.

Historical Stock Returns for Kotyark Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-90.46%-89.29%-90.39%-82.85%-86.65%-5.97%

How might the zero-encumbrance status influence investor confidence and institutional interest in Kotyark Industries moving forward?

Does this clean shareholding structure position the company for potential capital raising or M&A activity in the near future?

How does Kotyark's current promoter holding structure compare to industry peers in terms of stability and risk?

Kotyark Industries promoter reduces stake to 5.47%

1 min read     Updated on 22 Jun 2026, 06:52 PM
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Mrs. Bhaviniben Gaurang Shah, a promoter of Kotyark Industries, disposed of 23,051 equity shares on June 19, 2026, reducing her stake by 0.22% to 5.47%. The transaction was disclosed to NSE and BSE under SEBI regulations. Following the sale, the total promoter group holding stands at 57.34%.

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Mrs. Bhaviniben Gaurang Shah, a promoter group member of kotyark industries , has reduced her shareholding by disposing of 23,051 equity shares through an open market transaction on June 19, 2026. This sale decreased her stake by 0.22%, bringing her total holding down to 5.47% of the company's total voting capital. The disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Prior to this transaction, Mrs. Bhaviniben Gaurang Shah held 5,85,620 shares, representing 5.70% of the total voting capital. Following the disposal, her holding has adjusted to 5,62,569 shares. This sale follows a previous disposal of 9,500 shares on June 18, 2026, and earlier disposals of 25,000 shares on June 11, 2026, and 1,43,200 shares on May 7 and May 8, 2026.

Transaction Details

The shares were sold in a single tranche on the open market. The table below outlines the specific date and quantity of shares disposed of by the promoter in the latest filing.

Date of Transaction Name of Person Category No of Shares Sold % of Change
June 19, 2026 Mrs. Bhaviniben Gaurang Shah Promoter Group 23,051 0.22

Promoter Group Holdings

The total equity share capital of the company stands at ₹10,27,91,160, divided into 1,02,79,116 equity shares of ₹10 each. The filing detailed the holdings of Persons Acting in Concert (PAC), which includes family members and associated entities. Key members of the promoter group include Mr. Gaurang Rameshchandra Shah, who holds 50.26% of the shares. Following the latest transaction, the total promoter group holding adjusted to 57.34% of the total paid-up equity share capital.

Historical Stock Returns for Kotyark Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-90.46%-89.29%-90.39%-82.85%-86.65%-5.97%

What is the rationale behind the promoter group member's consistent divestment over the past two months?

Will the promoter group continue to reduce its stake in the near future, and what are the potential implications for corporate governance?

How might the market interpret this series of open market sales regarding the company's future valuation?

More News on Kotyark Industries

1 Year Returns:-86.65%