Palkar Finance holds 11.48% stake in Indo Amines

Palkar Finance and Consultancy Services Private Limited, a member of the promoter group for Indo Amines Limited , has disclosed its shareholding status for the financial year ended March 31, 2026. The declaration was submitted to BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

The company confirmed that it holds 83,33,920 equity shares, representing an 11.48% stake in Indo Amines Limited as of March 31, 2026. This holding is maintained along with Persons Acting in Concert (PAC), other promoters, and promoter groups.

Disclosure Details

The filing explicitly states that no encumbrance was made on the shares, directly or indirectly, during the Financial Year 2025-26. The declaration was signed by Vijay Bhalchandra Palkar, the authorized signatory for Palkar Finance and Consultancy Services Private Limited, on April 4, 2026.

Shareholder	Shares Held	Percentage Holding
Palkar Finance and Consultancy Services Private Limited	83,33,920	11.48%

The communication was addressed to the corporate relationship departments of both stock exchanges as well as the audit committee of Indo Amines Limited. The company is registered at 73, Ranade Road, Laxmi Terrace, Dadar, Mumbai - 400028.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.44%	+10.70%	+26.06%	+12.17%	-2.63%	+22.81%

Sanjay Chougule, a promoter of Indo Amines Limited, has filed a yearly disclosure dated April 03, 2026, under Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The declaration confirms that neither Chougule nor any Persons Acting in Concert (PAC), other promoters, or members of the Promoter Group created any new encumbrance, directly or indirectly, on the equity shares held in the company during the financial year ended March 31, 2026, except those already disclosed to the stock exchanges.

Promoter Shareholding and Encumbrance Details

As on March 31, 2026, Sanjay Chougule holds 11,808 equity shares, representing 0.02% of the total equity share capital of Indo Amines Limited. The declaration was submitted to BSE Limited, National Stock Exchange of India Limited, and the Audit Committee of Indo Amines Limited.

The following table details the shareholding and encumbrance status of all promoters and members of the Promoter Group as on March 31, 2026:

Sr. No.:	Name	Category
1.	Minal Choughule	Promoter Group
2.	Vijay Choughule	Promoter Group
3.	Krishna Choughule	Promoter Group
4.	Madhura Bhagat	Promoter Group
5.	Rutuja Choughule	Promoter Group
6.	Tanvi Choughule	Promoter Group
7.	Smithin Patil	Promoter Group
8.	Sandeep Patil	Promoter Group

Regulatory Compliance

The disclosure has been made in compliance with Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, which mandates promoters to submit a yearly declaration regarding encumbrances on their shareholding. Sanjay Chougule has confirmed that this declaration is made on behalf of all promoters and members of the Promoter Group of Indo Amines Limited. All eight listed members of the Promoter Group hold zero shares and report zero encumbrances as on March 31, 2026.