Krishana Phoschem lists 37 promoters, confirms no encumbrance
Krishana Phoschem Limited submitted a declaration to the National Stock Exchange confirming that none of its 37 promoters and promoter group members have encumbered their shares as of March 31, 2026. The disclosure, signed by Praveen Ostwal, complies with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and includes a detailed list of all promoter entities.

*this image is generated using AI for illustrative purposes only.
Krishana Phoschem Limited has disclosed a comprehensive list of its promoters and promoter group members, confirming that none of the 37 listed entities have encumbered their shares as of March 31, 2026. The declaration, submitted by Praveen Ostwal on behalf of the promoters, was filed with the National Stock Exchange of India Ltd. in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This disclosure provides transparency regarding the holding patterns of those who control the company and indicates that the promoters have not pledged their shares to raise funds.
The certification explicitly states that no encumbrance was made directly or indirectly during the financial year ended March 31, 2026, other than those previously disclosed. The list includes individuals and entities such as Mahendra Kumar Ostwal, Pankaj Ostwal, and Ostwal Phoschem (India) Limited, alongside other group entities like Nirmala Realinfrastructure Private Limited and Seasons International Private Limited.
The declaration was addressed to the company's Audit Committee, located at Wing A/2, 1st Floor, Ostwal Heights, Urban Forest, Atun, Bhilwara. The absence of encumbrance serves as a critical indicator of corporate governance and financial stability, reducing the risk of stake sales in case of market volatility.
| Sr. No | Name of Promoters / Promoters Group | PAN No. |
|---|---|---|
| 1 | Mahendra Kumar Ostwal | |
| 2 | Praveen Ostwal | |
| 3 | Pankaj Ostwal | |
| 4 | Mahendra Kumar Ostwal Huf . | |
| 5 | Praveen Ostwal Huf . | |
| 6 | Pankaj Ostwal Huf . | |
| 7 | Ostwal Phoschem (India) Limited | |
| 8 | Nirmala Realinfrastructure Private Limited | |
| 9 | Kanchi Resorts Private Limited | |
| 10 | Smt. Nirmala Devi Ostwal Seva Sansthan | |
| 11 | Seasons International Private Limited | |
| 12 | Shri Ganpati Fertilizers Private Limited | |
| 13 | Madhya Bharat Agro Products Limited | |
| 14 | R.V. Spinners Pvt. Ltd. | |
| 15 | Strive4X Infotech Private Limited | |
| 16 | Ostwal Infra Private Limited | |
| 17 | Sagar Mal Ostwal | |
| 18 | Rajendra Prasad Ostwal | |
| 19 | ASHOK HARAKLAL JAIN | |
| 20 | Ekta Jain | |
| 21 | Anant Ostwal | |
| 22 | Pehal Ostwal | |
| 23 | Charvee Ostwal | |
| 24 | Shanti Lal Kanther | |
| 25 | Noratan Devi Kanther | |
| 26 | Kavita Kachara | |
| 27 | Nitu Jain | |
| 28 | Suryansh Ostwal | |
| 29 | Kavya Ostwal | |
| 30 | Ashok Kumar Parakh | |
| 31 | Meena Devi Parakh | |
| 32 | Navin Jain | |
| 33 | Prem Singh Kothari | |
| 34 | Shrawan Kumar Kothari | |
| 35 | Mahendra Kumar Kothari | |
| 36 | Jaswant Devi | |
| 37 | Puspha Devi Lodha |
The regulation mandates such periodic disclosures to ensure transparency regarding the holding patterns of those who control the company. The detailed list reaffirms the unencumbered status of the promoter holdings to the stock exchanges and shareholders.
Historical Stock Returns for Krishana Phoschem
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.07% | -8.66% | +4.21% | +40.53% | +59.77% | +1,100.87% |
How will the unencumbered status of promoter shares influence Krishana Phoschem's ability to secure future financing for expansion?
What impact will this strong corporate governance signal have on institutional investor confidence and stock valuation?
Are there any strategic plans by the promoters to increase their stake in the company given the absence of share pledges?































