Paramount Speciality Forgings Limited disclosed that its promoters and promoter group have not created any encumbrance on the equity shares held by them during the financial year ended March 31, 2026. The declaration was submitted to the National Stock Exchange of India Limited on April 4, 2026, by Aliasgar Roshan Hararwala on behalf of all promoters and the promoter group. This disclosure is mandated under Regulation 31(4) and 31(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, ensuring transparency regarding the pledging or hypothecation of shares by key stakeholders.

The filing confirms that neither the promoters nor persons acting in concert (PACs) have directly or indirectly encumbered their shareholding in the company during FY26. The declaration covers the entire promoter group, comprising 41 entities and individuals. This compliance provides assurance to investors regarding the unencumbered status of the shares held by the controlling shareholders during the specified period.

Promoter and Promoter Group Details

The disclosure lists 41 individuals categorized as promoters and promoter group members who have confirmed the absence of encumbrance on their holdings. The list includes key promoter names such as Aliasgar Roshan Hararwala, Abdulla Aliasgar Bhagat, and Zahid Mohamadi Hararwala.

The declaration was signed by Aliasgar Roshan Hararwala, a promoter of the company, and submitted to the exchange for record purposes. A copy of the disclosure was also forwarded to the Audit Committee of the Board of Directors of Paramount Speciality Forgings Limited.