Kundan Edifice promoters confirm no encumbrance on FY26 shareholding

Kundan Edifice Limited has confirmed that its promoters and promoter group members did not create any encumbrances on their shareholdings during the financial year 2025-2026. The disclosure, filed on April 7, 2026, was submitted to the National Stock Exchange of India Limited in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires listed companies to disclose any encumbrances on promoter shares to ensure transparency for shareholders.

The filing includes declarations from four key individuals associated with the company. Divyansh Mukesh Gupta and Vijaya Mukesh Gupta, identified as promoters, stated that neither they nor their promoter group members or persons acting in concert had encumbered any shares directly or indirectly. Similar confirmations were provided by Mallika Mukesh Gupta and Shubhang Mukesh Gupta, who are members of the promoter group. The declarations cover shareholding positions as of March 31, 2026.

Compliance and Regulatory Context

The submission was made by Pooja Pandey, Company Secretary and Compliance Officer of Kundan Edifice Limited. The letters were addressed to the General Manager of the Listing Department at the National Stock Exchange, with copies sent to the Chairman of the Audit Committee and the Company Secretary of the company. The declarations serve as a formal confirmation to the exchange regarding the status of the promoter holdings throughout the financial year.

Promoter Disclosures

The following table summarizes the individuals who submitted the declarations:

Name	Role	Status of Encumbrance
Divyansh Mukesh Gupta	Promoter	No encumbrances
Vijaya Mukesh Gupta	Promoter	No encumbrances
Mallika Mukesh Gupta	Promoter Group	No encumbrances
Shubhang Mukesh Gupta	Promoter Group	No encumbrances

The confirmations provide assurance to investors regarding the unencumbered status of the shares held by the company's promoters and their associates for the specified period.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	-8.10%	-4.76%	-24.17%	-34.83%	+1.59%

Kundan Edifice Limited reported a net profit of ₹777.32 lakh for the financial year ended March 31, 2026, a marginal increase from ₹775.59 lakh in the previous year. Revenue from operations grew to ₹10,514.55 lakh for FY26, up from ₹9,819.71 lakh in FY25, driven by the company's manufacturing of LED lights. The Board of Directors approved the audited standalone financial results for the half and year ended March 31, 2026, at a meeting held on May 28, 2026.

The statutory auditor, Valawat & Associates, issued an unmodified opinion on the annual financial results. Total income for the year stood at ₹10,545.38 lakh, while total expenses increased to ₹9,506.43 lakh from ₹8,812.17 lakh in the prior year. Earnings per equity share (basic and diluted) improved to ₹7.57 for FY26 from ₹7.55 in FY25.

Financial Performance

The company's profit before tax for FY26 was ₹1,038.95 lakh, slightly lower than the ₹1,053.22 lakh recorded in the previous year. Finance costs rose to ₹409.37 lakh from ₹303.50 lakh in FY25. The statement of assets and liabilities showed total assets of ₹9,984.74 lakh as of March 31, 2026, compared to ₹8,109.81 lakh a year earlier.

Particulars	Year Ended March 31, 2026 (₹ In Lakhs)	Year Ended March 31, 2025 (₹ In Lakhs)
Revenue from Operations	10,514.55	9,819.71
Total Income	10,545.38	9,865.39
Total Expenses	9,506.43	8,812.17
Profit Before Tax	1,038.95	1,053.22
Net Profit	777.32	775.59

Key Disclosures

The company disclosed that it has filed a civil suit against Kundan Industries Limited to recover an advance of ₹6 Crores paid towards land purchase. A status quo order has been granted by the court. Additionally, the Board and shareholders have approved changing the company name from Kundan Edifice Limited to Visdem Technosys Limited, and the name has been reserved with the Registrar of Companies.

Cash and cash equivalents decreased to ₹22.58 lakh as of March 31, 2026, from ₹119.71 lakh in the previous year. The trading window for dealing in the company's securities will remain closed until May 30, 2026.