KRN promoters hold 70.79% stake, confirm no encumbrance in FY26
Promoters of KRN Heat Exchanger and Refrigeration Limited held 4,39,99,980 equity shares, representing 70.79% of the total, as on March 31, 2026. Santosh Kumar Yadav confirmed that no shares were encumbered directly or indirectly during the financial year ended March 31, 2026. The disclosure was submitted to the exchanges pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing listed 18 entities within the promoter and promoter group.

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Promoters of krn heat exchanger and refrigeration held 4,39,99,980 equity shares, representing 70.79% of the company's total equity, as on March 31, 2026. Santosh Kumar Yadav, a promoter of the company, confirmed that the promoter group did not create any encumbrances on these shares, directly or indirectly, at any point during the financial year ended March 31, 2026. The disclosure was made to BSE Limited and the National Stock Exchange of India Limited in compliance with regulatory requirements.
The declaration was submitted pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters to disclose the status of their holdings and any encumbrances thereon. The filing confirmed that the shareholding remained unencumbered throughout FY26, providing clarity to shareholders regarding the promoters' stake.
The disclosure identified 18 entities comprising the promoter and promoter group, including Persons Acting in Concert (PAC). The list includes three individual promoters and fifteen members of the promoter group, which consists of individuals and KRNCOILS Private Limited. The complete list of entities was provided as an annexure to the filing submitted on April 07, 2026.
Promoter and Promoter Group Details
| S. No. | Particulars | Category |
|---|---|---|
| 1. | Mr. Santosh Kumar Yadav | Promoter |
| 2. | Mrs. Anju Devi | Promoter |
| 3. | Mr. Manohar Lal | Promoter |
| 4. | Ms. Komal Yadav | Promoter Group |
| 5. | Mr. Yashpal Yadav | Promoter Group |
| 6. | Balbir Singh | Promoter Group |
| 7. | Kamla Devi | Promoter Group |
| 8. | Maya Rani | Promoter Group |
| 9. | Neelam Yadav | Promoter Group |
| 10. | Rakesh Kumar Yadav | Promoter Group |
| 11. | Seema Devi | Promoter Group |
| 12. | Somwati Devi | Promoter Group |
| 13. | Sudesh Devi | Promoter Group |
| 14. | Arti Yadav | Promoter Group |
| 15. | Ridham Yadav | Promoter Group |
| 16. | Naisha Yadav | Promoter Group |
| 17. | Late Chander Singh | Promoter Group |
| 18. | KRNCOILS Private Limited | Promoter Group |
The letter was signed by Santosh Kumar Yadav on behalf of the Promoter and Promoter Group. A copy of the disclosure was also forwarded to the Audit Committee of KRN Heat Exchanger and Refrigeration Limited for their records.
Historical Stock Returns for KRN Heat Exchanger and Refrigeration
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.57% | +5.97% | -2.61% | +49.85% | +54.14% | +145.08% |
Does the lack of encumbrances indicate that the promoters are ruling out raising capital through pledging shares in the near future?
How might this clean holding status influence investor confidence and stock volatility ahead of the upcoming AGM?
Are there any strategic acquisition plans on the horizon that might require the promoters to leverage their unencumbered stake for funding?


































