Modern Threads (India) Limited: Promoters Declare No Share Encumbrance for FY26 Under SEBI Takeover Regulations

1 min read     Updated on 07 May 2026, 07:42 AM
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Modern Threads (India) Limited filed its yearly disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, dated 03/04/2026, for the financial year ended 31st March, 2026. The Promoter and Promoter Group, including Persons Acting in Concert—comprising Rajesh Ranka, Generotrade Exim LLP, and Arihant Beneficiary Trust through trustee Lalitha Ranka—declared no encumbrance of shares, directly or indirectly, during the period. The disclosure was filed with BSE Limited, the National Stock Exchange of India Ltd, and the company's Audit Committee by Company Secretary Anil Kumar Jain.

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Modern Threads (India) Limited has filed its annual disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, dated 03/04/2026. The disclosure pertains to the financial year ended 31st March, 2026, and has been submitted to BSE Limited, the National Stock Exchange of India Ltd, and the company's Audit Committee.

Declaration of No Encumbrance

Pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended, the Promoter and Promoter Group of Modern Threads (India) Limited, including Persons Acting in Concert, have declared that no encumbrance of shares has been made, directly or indirectly, during the financial year ended 31st March, 2026. The declaration was signed by Rajesh Ranka, Promoter, on 03/04/2026.

Promoter and Promoter Group Details

The following members of the Promoter and Promoter Group are covered under this disclosure:

Name(s) of Promoter / Person and PAC Belongs to Promoter / Promoter Group
Rajesh Ranka Yes (Promoter)
Generotrade Exim LLP Yes (Promoter Group)
Arihant Beneficiary Trust through trustee Lalitha Ranka Yes (Promoter Group)

Filing Details

The disclosure was submitted by Anil Kumar Jain, Company Secretary & Compliance Officer of Modern Threads (India) Limited, on behalf of the company. The filing was addressed to the Department of Corporate Services at both BSE Limited and the National Stock Exchange of India Ltd. The company is registered under CIN: L17115RJ1980PLC002075 and is headquartered at Modern Woollens, Pragati Path, Bhilwara-311001, Rajasthan.

Historical Stock Returns for Modern Threads

1 Day5 Days1 Month6 Months1 Year5 Years
-0.83%+1.85%-1.43%-0.38%+17.44%+122.86%

Could the clean no-encumbrance declaration by Modern Threads (India) Limited's promoters signal potential plans for fresh fundraising or strategic acquisitions in the near future?

How might the promoter group's maintained unencumbered shareholding position influence institutional investor confidence and potential FII/DII interest in Modern Threads (India) Limited?

Given the textile sector's current challenges with raw material costs and export demand, what strategic moves might Modern Threads' promoters consider to strengthen their stake or expand operations?

Modern Threads (India) Limited Signs 25-Year Power Purchase Agreement for 5 MW Solar Capacity

1 min read     Updated on 01 May 2026, 06:32 AM
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Modern Threads (India) Limited has executed a strategic 25-year Power Purchase Agreement with KGK Greens Private Limited for procurement of 5 MW (DC) solar capacity at Palli site, Phalodi, Rajasthan. The company filed comprehensive regulatory disclosures with BSE and NSE, confirming the transaction's independence with no promoter interest or related party involvement.

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Modern Threads (India) Limited has entered into a significant Power Purchase Agreement (PPA) with KGK Greens Private Limited, marking a strategic move towards renewable energy procurement. The company informed stock exchanges through an official regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Agreement Details

The Power Purchase Agreement encompasses procurement of 5 MW (DC) capacity on a 25-year long-term basis. The solar power facility will be established at Palli site, Phalodi, Rajasthan 342311, positioning the company to benefit from the region's favorable solar conditions.

Parameter: Details
Counterparty: KGK Greens Private Limited
Entity Type: Domestic
Capacity: 5 MW (DC)
Duration: 25 years
Location: Palli site, Phalodi, Rajasthan 342311
Agreement Date: 29.04.2026

Regulatory Compliance and Filing

The company submitted comprehensive disclosures to both Bombay Stock Exchange Limited (Script Code: 500282) and The National Stock Exchange of India Ltd. (Script Code: MODTHREAD). The filing was signed by Company Secretary & Compliance Officer Anil Kumar Jain and submitted as per SEBI Master Circular requirements.

Transaction Independence

Key aspects of the agreement's independence include:

Parameter: Status
Promoter Interest: None
Related Party Transaction: None
Potential Conflicts: Not Applicable
Nominee Directors: Not Applicable

The Power Purchase Agreement represents Modern Threads' commitment to sustainable energy procurement while securing long-term power supply for its operations. The 25-year tenure provides stability and predictability in energy costs, supporting the company's operational planning and sustainability objectives.

Historical Stock Returns for Modern Threads

1 Day5 Days1 Month6 Months1 Year5 Years
-0.83%+1.85%-1.43%-0.38%+17.44%+122.86%

How will this 5 MW solar capacity impact Modern Threads' overall energy costs and manufacturing competitiveness in the textile industry?

What are Modern Threads' plans for additional renewable energy procurement beyond this initial 5 MW agreement?

How might this move toward green energy affect Modern Threads' ability to secure ESG-focused investors and international textile contracts?

More News on Modern Threads

1 Year Returns:+17.44%