NewsMaheshwari Logistics Promoters Declare Nil Encumbrance Under SEBI Takeover Regulations for FY2025-26Maheshwari Logistics Promoters Declare Nil Encumbrance Under SEBI Takeover Regulations for FY2025-26
Maheshwari Logistics Limited's promoters have filed annual disclosures under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, for FY2025-26, dated April 6, 2026. Vinay Premnarayan Maheshwari, Promoter and Whole-time Director, declared on behalf of the entire promoter group that no encumbrance was made on any shares held in the company during the financial year, beyond those already disclosed. The filing details the shareholding of 18 promoter and promoter group members as of March 31, 2026, with Mukta Maheshwari holding the largest individual stake at 58,67,275 shares (19.82%), followed by Radhadevi Premnarayan Maheshwari at 34,52,000 shares (11.66%) and Vinay Premnarayan Maheshwari at 31,47,407 shares (10.63%).
*this image is generated using AI for illustrative purposes only.
Maheshwari Logistics Limited has filed its annual disclosures under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, for the financial year ended March 31, 2026. The disclosure, dated April 6, 2026, was submitted by Vinay Premnarayan Maheshwari, Promoter and Whole-time Director (DIN: 01680099), on behalf of himself, the promoter group, and all persons acting in concert with the promoters.
Nil Encumbrance Declaration for FY2025-26
In the filing addressed to the National Stock Exchange of India Limited, the Compliance Officer of Maheshwari Logistics Limited, and its Audit Committee, Vinay Premnarayan Maheshwari declared that none of the persons belonging to the promoter group or persons acting in concert have made any encumbrance — directly or indirectly — on any shares held in the company during the Financial Year 2025-2026, other than those already disclosed. This declaration is in compliance with the mandatory annual disclosure requirements prescribed under SEBI's Takeover Regulations.
Promoter & Promoter Group Shareholding as on March 31, 2026
The filing includes a detailed breakdown of shareholding by all members of the promoter and promoter group as of March 31, 2026. The following table presents the shareholding details disclosed under Part-A of the filing:
| Sr. No. | Name | Category | No. of Shares | % of Total Share/Voting Capital |
|---|---|---|---|---|
| 1 | Vinay Premnarayan Maheshwari | Promoter | 31,47,407 | 10.63% |
| 2 | Mukta Maheshwari | Promoter | 58,67,275 | 19.82% |
| 3 | Varun Krishnavtar Kabra | Promoter | 0 | 0.00% |
| 4 | Vinay Maheshwari HUF | Promoter Group | 80,000 | 0.27% |
| 5 | Maya Texturisers Pvt. Ltd. | Promoter Group | 18,35,000 | 6.20% |
| 6 | Disha Resources Limited | Promoter Group | 10,00,000 | 3.38% |
| 7 | Mahima Vinaykumar Maheshwari | Promoter Group | 5,35,754 | 1.81% |
| 8 | Rachana Amit Maheshwari | Promoter Group | 1,20,000 | 0.41% |
| 9 | Neeraj Maheshwari | Promoter Group | 6,60,248 | 2.23% |
| 10 | Rama Devi Kabra | Promoter Group | 62,100 | 0.21% |
| 11 | Gopal Lal Kabra | Promoter Group | 1,10,982 | 0.37% |
| 12 | Nishita Maheshwari | Promoter Group | 32,721 | 0.11% |
| 13 | Palash Maheshwari | Promoter Group | 11,500 | 0.04% |
| 14 | Radhadevi Premnarayan Maheshwari | Promoter Group | 34,52,000 | 11.66% |
| 15 | Maheshwari Infotech LLP | Promoter Group | 0 | 0.00% |
| 16 | Mayadevi Krishnavtar Kabra | Promoter Group | 0 | 0.00% |
| 17 | Madhuben Ramgopal Maheshwari | Promoter Group | 0 | 0.00% |
| 18 | Snehlata Rajendraprasad Rathi | Promoter Group | 0 | 0.00% |
Filing Details
Key details of the regulatory submission are summarised below:
| Parameter: | Details |
|---|---|
| Filing Date: | April 6, 2026 |
| Regulation: | Regulation 31(4), SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 |
| Period: | Financial Year ended March 31, 2026 |
| Signatory: | Vinay Premnarayan Maheshwari, Promoter/Whole-time Director (DIN: 01680099) |
| Place of Filing: | Vapi |
| Submitted To: | NSE, Compliance Officer & Audit Committee of Maheshwari Logistics Limited |
The disclosure was filed from Vapi, Gujarat, and forms part of the company's ongoing compliance obligations under SEBI's framework governing substantial acquisition of shares and takeovers. The filing confirms that the promoter and promoter group's shareholding positions and encumbrance status have been duly reported to the relevant regulatory and corporate authorities for the financial year ended March 31, 2026.
Historical Stock Returns for Maheshwari Logistics
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.47% | +4.04% | +19.27% | -4.02% | -8.48% | -48.01% |
Could the concentrated promoter shareholding of over 57% in Maheshwari Logistics signal potential open offer triggers if any stake consolidation or acquisition activity occurs in the near future?
How might the zero shareholding of entities like Maheshwari Infotech LLP and Varun Krishnavtar Kabra within the promoter group evolve, and could this indicate planned restructuring of the promoter holding structure?
Given the nil encumbrance declaration, how does Maheshwari Logistics plan to leverage its unencumbered promoter holdings to raise growth capital or pursue expansion in the logistics sector?
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