Nelcast promoter declares no new encumbrance on shares for FY26
P. Deepak, a promoter of Nelcast Limited, declared under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 that no new encumbrance has been created on the company's shares during the financial year ending March 31, 2026. The declaration was submitted on behalf of the promoter group, including P. Deepak (HUF) and P. Divya.

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P. Deepak, a promoter of Nelcast Limited , has declared that no new encumbrance has been created on the company's shares during the financial year ending March 31, 2026. The disclosure, submitted to BSE Limited and National Stock Exchange of India Limited, confirms that the promoter group has not created any direct or indirect charges on shares other than those previously disclosed.
The declaration was made pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters to disclose any encumbrance on shares to ensure transparency for shareholders. The filing confirms compliance with this requirement for the specified financial period.
Declaration Details
The disclosure was submitted on April 6, 2026, by P. Deepak on behalf of the promoter group. The declaration covers the following entities:
| Name of Entity/Person | Category |
|---|---|
| P. Deepak | Promoter |
| P. Deepak (HUF) | Promoter Group |
| P. Divya | Promoter |
The filing was digitally signed by P. Deepak, whose Director Identification Number (DIN) is 02785326. The document was submitted from Chennai, providing assurance to the exchanges regarding the status of shareholding within the promoter group.
Historical Stock Returns for Nelcast
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.76% | +0.87% | -2.00% | +32.10% | +9.35% | +82.51% |
How might the absence of new encumbrances influence Nelcast Limited's ability to secure future financing for expansion?
What impact could this clean encumbrance status have on investor confidence and share liquidity in the upcoming fiscal year?
Are there any strategic mergers or acquisitions on the horizon that might require the promoter group to leverage their holdings?


































