Neelam Linens promoter group holds shares free of encumbrance

Neelam Linens and Garments (India) Limited disclosed that its promoter group held 1,09,78,000 shares as of March 31, 2026, without any encumbrance. The declaration confirms that no shares were pledged, directly or indirectly, by the promoter group during the financial year ended March 31, 2026. This disclosure is significant as it indicates the promoters' holdings are free from liens or charges, which is a key factor for assessing the financial stability and governance of the company.

The filing was submitted to the National Stock Exchange of India Limited in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The regulation requires promoters to disclose the status of their shareholding, specifically regarding any encumbrance, on an annual basis. The disclosure was made by Bhavin Kantilal Jethwa, a member of the promoter group and the Managing Director of the company.

Declaration Details

The declaration provides a clear snapshot of the promoter group's holding status for the specified period. The key details of the disclosure are outlined below:

Parameter	Details
Date of Declaration	April 07, 2026
Reference Date	March 31, 2026
Shares Held	1,09,78,000
Encumbrance Status	No encumbrance
Regulation	SEBI (SAST) Regulations, 2011, Reg 31(4)

Bhavin Kantilal Jethwa, in his capacity as a promoter and Managing Director, confirmed that the promoter group, along with other persons acting in concert, has not created any charge on the shares during the financial year. The document was signed and stamped by the company, verifying the authenticity of the information provided to the exchange.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.59%	+6.05%	+2.70%	-22.45%	-56.82%	-70.04%

Neelam Linens and Garments (India) Limited reported a 42.3% decline in net profit to ₹154.76 lakh for the financial year ended March 31, 2026, despite a 7.1% increase in revenue from operations to ₹11,829.14 lakh. The company's board approved the audited financial results for the year and half-year ended March 31, 2026, at a meeting held on May 30, 2026. The statutory auditors, M/s PDMS & Co. LLP, issued an unmodified opinion on the results.

Revenue from operations for FY26 rose to ₹11,829.14 lakh from ₹11,042.73 lakh in the previous year. Total income increased to ₹12,127.71 lakh from ₹11,164.36 lakh. However, total expenses climbed to ₹11,913.30 lakh from ₹10,791.64 lakh in FY25, primarily driven by higher costs of materials consumed, which reached ₹10,848.85 lakh. Finance costs decreased to ₹452.97 lakh from ₹600.72 lakh in the prior year.

The company's basic and diluted earnings per share (EPS) stood at ₹0.92 for FY26, down from ₹1.59 in the previous year. For the half-year ended March 31, 2026, the company reported a profit of ₹12.27 lakh, compared to ₹176.25 lakh in the corresponding period of the previous year.

Financial Performance

Particulars	Year Ended 31-Mar-26 (₹ In Lakhs)	Year Ended 31-Mar-25 (₹ In Lakhs)
Revenue from Operations	11,829.14	11,042.73
Total Income	12,127.71	11,164.36
Total Expenses	11,913.30	10,791.64
Profit Before Tax	214.41	372.72
Net Profit	154.76	267.95
Basic EPS	0.92	1.59

Segment Reporting

The company operates in two business segments: manufacturing and trading of licences. Segment revenue for manufacturing stood at ₹10,369.29 lakh for FY26, while trading of licences contributed ₹1,459.85 lakh. Segment results for manufacturing were ₹274.52 lakh, and trading of licences reported ₹247.50 lakh for the year.

Board Decisions

In addition to the financial results, the board approved the appointment of Mr. Siddharth Sanghavi as Company Secretary and Compliance Officer effective May 30, 2026. The trading window for designated persons will remain closed for 48 hours following the publication of the results.