INOX India promoter declares no encumbrance on shares in FY26
Kusum Mittal, a member of the Promoter Group of INOX India, declared no encumbrance on shares for FY26, complying with SEBI regulations. This follows a similar declaration by Manju Jain and three persons acting in concert.
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Kusum Mittal, a member of the Promoter Group of inox india , has declared that she has not created any encumbrance on the shares of the company during the financial year ended March 31, 2026. This disclosure, submitted to BSE Limited and National Stock Exchange of India Ltd, confirms compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The declaration assures stakeholders that the promoter group's shareholding remains free of liens or charges for the specified period.
The confirmation was formally addressed to the Audit Committee of INOX India Limited and was digitally signed on April 1, 2026. The filing serves as a mandatory disclosure to maintain transparency regarding the holding patterns of the promoter group.
Previous Disclosures
Manju Jain, another member of the Promoter Group, had previously submitted a similar declaration for the same period. Her disclosure, signed on April 8, 2026, confirmed that she and three persons acting in concert had not encumbered any shares during FY26.
| Sr.No. | Name of Persons Acting in Concert (PAC) | Category |
|---|---|---|
| 1 | Coronet Holdings Private Limited | Promoter Group |
| 2 | Hotz Industries Limited | Promoter Group |
| 3 | Triumph Trading Limited | Promoter Group |
All entities listed under the persons acting in concert are classified under the Promoter Group category. The declarations explicitly state that neither the promoters nor these entities made any encumbrance, directly or indirectly, of the company's shares during FY26.
Historical Stock Returns for INOX India
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.68% | +0.55% | +32.73% | +70.19% | +61.60% | +102.35% |
Will the promoter group maintain this unencumbered status in the upcoming financial year, or are there plans to leverage shares for future funding?
How might this clean holding pattern influence institutional investor confidence and stock liquidity in the next quarter?
Could the absence of share encumbrances signal potential strategic acquisitions or capital expenditure plans by INOX India in the near future?
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