Norben Tea confirms no encumbrance on promoter shares in FY26

1 min read     Updated on 24 Jun 2026, 03:55 AM
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Suketu GScanX News Team
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Norben Tea & Exports Ltd confirmed that its promoters did not encumber any shares during FY26. Manoj Kumar Daga submitted the declaration to the Audit Committee under SEBI regulations. The disclosure was filed with NSE and BSE.

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Norben Tea & Exports Ltd has confirmed that its promoters and persons acting in concert did not create any encumbrance on their shareholdings during the financial year ended March 31, 2026. Manoj Kumar Daga, the authorized signatory for the Promoters' Group, provided this assurance in a declaration addressed to the company's Audit Committee.

The confirmation was submitted in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters to disclose any encumbrance on shares held by them or by persons acting in concert. The declaration explicitly states that no such encumbrance, direct or indirect, was made during the specified period.

Copies of the declaration were forwarded to the stock exchanges to ensure regulatory compliance. The acknowledgments were sent to the Secretary of the National Stock Exchange of India Ltd and the Secretary of BSE Limited. Additionally, the Registrar and Share Transfer Agents, MCS Share Transfer Agent Limited, was marked as a copyee in the correspondence.

The disclosure provides transparency regarding the holding status of the promoter group during FY26. By confirming the absence of encumbrances, the company adheres to the disclosure requirements mandated by the market regulator for substantial acquisition of shares and takeovers.

Historical Stock Returns for Norben Tea & Exports

1 Day5 Days1 Month6 Months1 Year5 Years
-2.04%-2.97%-15.86%-10.29%+104.70%+1,019.05%

How might the absence of encumbrances on promoter shares influence investor confidence in Norben Tea & Exports Ltd?

Could this clean holding status signal potential future expansion plans or capital raising by the company?

What impact will this disclosure have on the company's compliance rating with SEBI?

Norben Tea & Exports promoters confirm no share encumbrance in FY26

1 min read     Updated on 17 Jun 2026, 03:50 AM
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Reviewed by
Shriram SScanX News Team
AI Summary

Norben Tea & Exports Ltd disclosed that its promoters and persons acting in concert did not encumber any shares during FY26. The confirmation was submitted to the Audit Committee pursuant to SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Manoj Kumar Daga provided the declaration on behalf of the Promoters' Group.

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43194010

*this image is generated using AI for illustrative purposes only.

Norben Tea & Exports Ltd has received a confirmation from its promoters stating that no shares were encumbered during the financial year ended March 31, 2026. Manoj Kumar Daga, on behalf of himself and other constituents of the Promoters' Group, declared that neither he nor persons acting in concert with him created any direct or indirect encumbrance on the shares held by them. The disclosure was submitted to the Audit Committee of the Board of Directors.

The declaration was made pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters to confirm the status of share encumbrances annually. The confirmation was signed by Manoj Kumar Daga as the authorized signatory for the Promoters' Group.

Regulatory Compliance

The disclosure was addressed to the Audit Committee of norben tea & exports . Copies of the letter were forwarded to the National Stock Exchange of India Ltd and BSE Limited to ensure compliance with listing obligations. The document was also sent to the Registrar and Share Transfer Agents, MCS Share Transfer Agent Limited.

The filing confirms that the shareholding structure of the promoters remained unencumbered throughout FY26. This provides transparency regarding the financial commitments of the promoter group relative to their shareholdings.

Historical Stock Returns for Norben Tea & Exports

1 Day5 Days1 Month6 Months1 Year5 Years
-2.04%-2.97%-15.86%-10.29%+104.70%+1,019.05%

How might this clean shareholding status impact Norben Tea's ability to secure future financing or collateral?

Could the absence of encumbrances signal a shift in the promoter group's capital allocation strategy?

What are the potential implications for shareholder confidence and stock volatility following this disclosure?

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