Madhya Bharat Agro Products confirms no promoter shares encumbered in FY26
Madhya Bharat Agro Products Ltd disclosed that none of its promoters or promoter group members have encumbered their shares as of March 31, 2026. The confirmation was provided in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Promoter Pankaj Ostwal confirmed that no new encumbrances were made during the financial year ended March 31, 2026.

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Madhya Bharat Agro Products Ltd confirmed that none of its promoters or promoter group members have encumbered their shares as of March 31, 2026. The disclosure, submitted to the National Stock Exchange of India Ltd, ensures compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulatory requirement mandates transparency regarding any pledging or encumbrance of shares by promoters to safeguard shareholder interests.
The company stated that it received formal disclosures confirming the absence of any encumbrance by the promoters, the promoter group, or persons acting in concert. The certification covers the status of shareholdings as of the specified date, providing clarity on the financial standing of the key stakeholders in the company.
Promoter Confirmation
Pankaj Ostwal, a promoter of Madhya Bharat Agro Products Ltd , provided a personal declaration on behalf of the promoters and the promoter group. He confirmed that no new encumbrances, direct or indirect, were created during the financial year ended March 31, 2026, other than those previously disclosed.
The complete list of the promoter and promoter group is enclosed in Annexure-A attached to the regulatory filing. The communication was signed by Pallavi Sukhwali, Company Secretary, and Pankaj Ostwal, affirming the accuracy of the information provided to the stock exchange.
Historical Stock Returns for Madhya Bharat Agro
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.47% | +1.62% | +5.72% | +41.09% | +60.77% | +906.40% |
How will the absence of promoter share encumbrance impact investor confidence in Madhya Bharat Agro Products Ltd?
What are the potential implications for the company's future capital raising strategies given this clean shareholding status?
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