Palash Securities promoters report no new encumbrances in FY26

Promoters and persons acting in concert (PACs) of Palash Securities Limited have confirmed that no new encumbrances were created on the company's shares during the financial year ended March 31, 2026. The disclosures, submitted to the National Stock Exchange of India Ltd. and BSE Ltd., comply with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Ganges Securities Limited submitted 17 declarations on behalf of the promoters and PACs as of March 31, 2026. The filing confirmed that any encumbrances on shares were limited to those already disclosed to the stock exchanges and the company. The submissions were addressed to the exchanges and the Audit Committee of Palash Securities Limited.

Key Disclosures

The following entities provided declarations confirming no fresh encumbrances during FY26:

Entity Name	Signatory	Designation
Chandra Shekhar Nopany	Chandra Shekhar Nopany	Individual Promoter
Nandini Nopany	Nandini Nopany	Individual Promoter
Shekhar Family Trust	Constituted Attorney	Trust
Shruti Family Trust	Constituted Attorney	Trust
Ganges Securities Limited	Brij Mohan Agarwal	Director
SCM Investment & Trading Company Limited	Vikash Goyal	Director
New India Retailing & Investment Limited	Abhay Singhal	Chief Financial Officer
RTM Investment & Trading Company Limited	Brij Mohan Agarwal	Managing Director
Deepshikha Trading Company Private Limited	Prakash Poddar	Director
Sonali Commercial Limited	Vikash Goyal	Director
Ronson Traders Limited	Dilip Patodia	Director
Sidh Enterprises Limited	Arpit Kumar	Director
Yashovardhan Investment & Trading Co. Ltd.	Dilip Patodia	Director
Uttam Commercial Limited	Dilip Patodia	Director
Rajpur Farms Limited	Deepak Kumar Sharma	Director
Narkatiaganj Farms Limited	Vikash Goyal	Director
The Oudh Trading Company Private Limited	Brij Mohan Agarwal	Director

All signatories declared that they, along with persons acting in concert, had not made any encumbrance, directly or indirectly, on the shares of Palash Securities Limited other than those previously reported. The letters were dated April 2, 2026, with the exception of Deepshikha Trading Company Private Limited, which submitted its disclosure on April 6, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.03%	+0.49%	+2.61%	-9.60%	-23.42%	+18.61%

Palash Securities Limited has appointed Suraj Kumar Agrawal as its Managing Director for a term of three years, effective from March 30, 2026, to March 29, 2029. Shareholders approved the appointment through a postal ballot conducted under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resolution was passed with a requisite majority on May 24, 2026, the last date of remote e-voting.

Mr. Agrawal is a seasoned Chartered Accountant with over 21 years of experience in finance and accounting. His expertise includes financial planning, budgeting, risk management, and statutory compliance. He holds specialized certifications in Forensic Audit & Fraud Detection and Financial Risk Analysis from the Institute of Chartered Accountants of India (ICAI). The company confirmed he is not debarred from holding the office by SEBI or any other authority.

Voting Results Summary

The appointment received strong shareholder support, with 99.84% of votes cast in favor. A total of 47 members participated via the NSDL e-voting platform.

Particulars	No. of Votes	Percentage (%)
Assent	7338974	99.84
Dissent	12124	0.16
Total	7351098	100.00

Detailed Breakdown

The total votes polled represented 73.4882% of the outstanding shares. The Promoter and Promoter Group cast 7220287 votes, all in favor. Public Non-Institutions participated with 130811 votes, with 118687 in favor and 12124 against. Public Institutions did not participate. A separate resolution appointing Mr. Agrawal as a Director was also approved with 99.98% support.