Paramount Speciality Forgings confirms no encumbrance on promoter shares in FY26
Paramount Speciality Forgings Limited disclosed that its promoters and promoter group have not encumbered any equity shares during the financial year ended March 31, 2026. The declaration, submitted to the NSE under SEBI SAST regulations, covers 41 individuals and entities.

*this image is generated using AI for illustrative purposes only.
Paramount Speciality Forgings Limited confirmed that its promoters and persons acting in concert (PACs) have not created any encumbrance, directly or indirectly, on the equity shares held by them during the financial year ended March 31, 2026. This disclosure ensures that the shareholding structure remains free of pledges or charges, which is critical for maintaining governance standards and shareholder confidence. The declaration was submitted by Aliasgar Roshan Hararwala on behalf of all promoters and the promoter group.
The filing was made to the National Stock Exchange of India Limited on April 4, 2026, in compliance with Regulation 31(4) and 31(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. These regulations mandate periodic disclosures regarding any encumbrance on promoter shares to ensure transparency in ownership and control. The document was also copied to the Audit Committee of the Board of Directors of the company.
The declaration encompasses a total of 41 entities and individuals associated with the company. The list includes eight individuals classified as promoters and 33 members classified as the promoter group. The list details specific names such as Abdulla Aliasgar Bhagat, Aliasgar Roshan Hararwala, and Zahid Mohamadi Hararwala under the promoter category, while the promoter group includes family members and related entities like Saeeda Roshan Hararwala and Arfana Aliasgar Hararwala.
Promoter and Promoter Group Details
| Sr. No. | Name of the Entity/Person | Category |
|---|---|---|
| 1 | Abdulla Aliasgar Bhagat | Promoter |
| 2 | Aliasgar Roshan Hararwala | Promoter |
| 3 | Zahid Mohamadi Hararwala | Promoter |
| 4 | Aliasgar Abdulla Bhagat | Promoter |
| 5 | Roshan Alihusain Hararwala | Promoter |
| 6 | Mohammed Salim Hararwala | Promoter |
| 7 | Abbasali Hararwala | Promoter |
| 8 | Hoozefa Saleem Hararwala | Promoter |
| 9 | Saeeda Roshan Hararwala | Promoter Group |
| 10 | Arfana Aliasgar Hararwala | Promoter Group |
| 11 | Abdul Qadir Aliasgar Hararwala (Minor) | Promoter Group |
| 12 | Tayyebi Mohamedbhai Gittham | Promoter Group |
| 13 | Masooma Tayyebi Gittham | Promoter Group |
| 14 | Arif Shafakat Hussain Sinnarwala | Promoter Group |
| 15 | Munira M Hararwala | Promoter Group |
| 16 | Tehseen Arif Sinnarwala | Promoter Group |
| 17 | Kauser A Bhagat | Promoter Group |
| 18 | Rukhsana Abbas Chanasmawala | Promoter Group |
| 19 | Nuruddin Lokhandwala | Promoter Group |
| 20 | Munira Nuruddin Lokhandwala | Promoter Group |
| 21 | Taher M. Hararwala (Minor) | Promoter Group |
| 22 | Tasneem Hararwala | Promoter Group |
| 23 | Arwa Abdulla Bhagat | Promoter Group |
| 24 | Hamza Abdulla Bhagat (Minor) | Promoter Group |
| 25 | Moiz Asgarali Tinwala | Promoter Group |
| 26 | Jumana Moiz Tinwala | Promoter Group |
| 27 | Taha Gulam Husein | Promoter Group |
| 28 | Jamila Taha Husein | Promoter Group |
| 29 | Maria H. Hararwala (Minor) | Promoter Group |
| 30 | Habib Rashiq | Promoter Group |
| 31 | Amtuzehra Rashiq | Promoter Group |
| 32 | Alefiya Habib Rashiq | Promoter Group |
| 33 | Qurratul Ain Hararwala | Promoter Group |
| 34 | Ammar Hararwala (Minor) | Promoter Group |
| 35 | Zahra Hararwala (Minor) | Promoter Group |
| 36 | Fazal Abbas Mohammed Hussain Adib | Promoter Group |
| 37 | Alifia Adib | Promoter Group |
| 38 | Hutaib Adib | Promoter Group |
| 39 | Nazifa Mohamadi Hararwala | Promoter Group |
| 40 | Alifiya A Hajee | Promoter Group |
| 41 | Abdeali Haji | Promoter Group |
Historical Stock Returns for Paramount Speciality Forgings
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | +4.88% | +7.50% | +17.49% | -24.91% | -62.99% |
How might the absence of encumbrances on promoter shares influence institutional investor confidence and potential future capital raising plans?
Does this clean shareholding structure position Paramount Speciality Forgings as a potential acquisition target or facilitate strategic partnerships in the near term?
How will the company utilize this strong governance standing to differentiate itself from competitors in the capital-intensive forging sector?

























