Landmark Cars promoters hold 2.17 crore shares in Q4FY26
Promoters of Landmark Cars held 2.17 crore equity shares as of March 31, 2026, with Sanjay Karsandas Thakker holding the largest stake at 1.50 crore shares. The filing under SEBI Takeover Regulations confirms no encumbrance was created on these shares during FY26. Several other promoter group entities reported zero shareholding.

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Promoters of Landmark Cars held 2.17 crore equity shares as of March 31, 2026, according to a regulatory filing submitted to the National Stock Exchange of India and BSE. The disclosure, made under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, details the shareholding pattern of individuals and entities in the promoter and person acting in concert (PAC) category.
Sanjay Karsandas Thakker holds the largest stake within the promoter group with 1,50,69,768 shares. Other key shareholders include Ami Sanjay Thakker from the promoter group with 53,34,848 shares, and promoters Udayan Karsandas Thakker and Richa Udayan Thakker, each holding 65,000 shares. Aryaman Sanjay Thakker and Aparajita Thakker hold 15,040 and 1,00,000 shares respectively.
The filing confirms that the promoters have not created any encumbrance on the equity shares held by them, directly or indirectly, at any time during the financial year 2025-26. The declaration was signed by Sanjay Karsandas Thakker on behalf of the promoter and persons acting in concert.
Shareholding Breakdown
The following table outlines the shareholding of the promoters and promoter group as of March 31, 2026:
| Sr. No. | Names of Promoters and Promoter Group | Category | No. of Shares of Face Value of Rs. 5/- per share |
|---|---|---|---|
| 1 | Sanjay Karsandas Thakker | Promoter | 1,50,69,768 |
| 2 | Ami Sanjay Thakker | Promoter Group | 53,34,848 |
| 3 | Aryaman Sanjay Thakker | Promoter Group | 15,040 |
| 4 | Udayan Karsandas Thakker | Promoter | 65,000 |
| 5 | Richa Udayan Thakker | Promoter | 65,000 |
| 6 | Aparajita Thakker | Promoter Group | 1,00,000 |
Several other entities listed in the promoter group, including Sanjay Karsandas Thakker (HUF), Spruha Satish Mehta, and various private limited companies such as Adorn Studio LLP and Ekta Housemakers Private Limited, reported zero shareholding as of the specified date.
Historical Stock Returns for Landmark Cars
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +5.88% | +6.47% | +19.33% | -13.04% | -9.23% | -2.36% |
Does the absence of encumbrances on promoter shares indicate a potential for future pledging to raise capital for expansion?
How might the current shareholding distribution influence succession planning and leadership stability within Landmark Cars?
Could the zero shareholding reported by several promoter group entities signal a strategic consolidation of ownership?


































