N K Industries promoter holds 44.03 lakh shares, no encumbrance

Nimish Keshavlal Patel, a promoter of nk industries , declared holding 44,03,754 equity shares as of March 31, 2026, confirming that no shares were encumbered directly or indirectly during the year ended March 31, 2026. The disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited on behalf of the promoters, promoter group, and persons acting in concert.

The filing was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulation, 2011. The declaration states that the total shareholding remained free from any encumbrance throughout the specified financial year.

Shareholding Details

The following table outlines the shareholding details disclosed by the promoter:

Particulars	Details
Shareholder	Nimish Keshavlal Patel (on behalf of Promoters, Promoter Group, and Persons Acting in Concert)
Total Equity Shares Held	44,03,754
Status of Encumbrance	No encumbrance directly or indirectly
Reference Date	March 31, 2026

The disclosure was addressed to the exchanges and copied to the Audit Committee, Chairman, and Independent Directors of N K Industries Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.68%	-0.23%	-4.67%	-5.38%	-6.07%	+124.77%

N K Industries Limited reported a net loss of ₹277.35 lakh for the financial year ended March 31, 2026, narrowing from a loss of ₹311.22 lakh in the previous year. The company's board approved the audited standalone and consolidated financial results at its meeting held on May 27, 2026. Despite the accumulated losses and negative net worth of ₹35,492.13 lakh, the management stated that the accounts have been prepared on a going concern basis based on a revival plan.

Financial Performance

The standalone financial results for the year ended March 31, 2026, show a decline in total income to ₹304.51 lakh from ₹574.26 lakh in FY25. Total expenditure remained flat at ₹615.73 lakh. The key figures are detailed below:

Parameter	FY26 (₹ in lakh)	FY25 (₹ in lakh)
Total Income	304.51	574.26
Total Expenditure	615.73	615.73
Net Profit/(Loss)	(277.35)	(311.22)
Earnings Per Share (Basic)	(4.61)	(5.24)

The board also approved the consolidated financial results, which reflected a net loss of ₹358.86 lakh for the year. The consolidated total income was ₹1,296.96 lakh, with total expenditure amounting to ₹1,662.47 lakh.

Audit Qualifications and Legal Matters

The auditors, Pankaj R. Shah & Associates, issued a qualified opinion on the financial statements. The qualifications relate to transactions with National Spot Exchange Limited (NSEL) and proceedings initiated by the Directorate of Enforcement under the Prevention of Money Laundering Act, 2002. The auditors stated they were unable to quantify the final liability arising from these matters due to their sub-judice nature.

The company faces ongoing legal proceedings, including a supplementary charge sheet filed by the Government of Maharashtra under the MPID Act. The matter has been adjourned to June 23, 2026.

Board Decisions

In addition to the financial results, the board appointed Ashok P Patel & Co, Chartered Accountants, as the internal auditor for the financial year 2026-27. The meeting commenced at 3:30 P.M. and concluded at 7:00 P.M. on May 27, 2026.