Plastiblends confirms no share encumbrance by promoters in FY26

1 min read     Updated on 22 May 2026, 07:58 AM
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Plastiblends India Limited confirmed in a filing dated April 03, 2026, that its promoters and PAC did not encumber any equity shares during FY26. The disclosure, made under SEBI SAST Regulations, lists 12 individuals and entities in the promoter group.

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Plastiblends India Limited has informed the stock exchanges that its promoters, promoter group, and persons acting in concert (PAC) have not created any encumbrance on the equity shares held by them during the financial year ended March 31, 2026. This declaration was submitted to BSE Limited and the National Stock Exchange of India Limited in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

The confirmation, dated April 03, 2026, was signed by Promoter Satyanarayan G. Kabra on behalf of the promoters, promoter group, and PAC. The filing explicitly states that no direct or indirect encumbrance was made on the shares of plastiblends held by these entities throughout the specified financial year.

Details of Promoters and PAC

The disclosure included a comprehensive list of individuals and entities classified as promoters or part of the promoter group and PAC. The table below outlines the names and their respective classifications as provided in the regulatory filing.

Name of Promoter and Person acting in concert PAN Number Whether person belongs to Promoter/ Promoter Group
Shri Shreevallabh G. Kabra Yes
Shri Satyanarayan G. Kabra Yes
Shri Anand S. Kabra Yes
Shri Varun S. Kabra Yes
Smt Saritadevi S. Kabra Yes
Smt Ekta A. Kabra Yes
Smt Jyoti V. Kabra Yes
Master Shiv V. Kabra Yes
Master Akshay V. Kabra Yes
M/s. Kolsite Corporation LLP Yes
M/s. Kabra Extrusiontechnik Ltd. Yes
M/s. Shreevallabh Kabra Family Trust Yes

The document was addressed to the Department of Corporate Services at BSE Limited and the Corporate Relation Department at the National Stock Exchange of India Limited. A copy of the disclosure was also forwarded to the Audit Committee of Plastiblends India Limited.

Historical Stock Returns for Plastiblends

1 Day5 Days1 Month6 Months1 Year5 Years
+4.09%+5.32%+11.75%+1.25%-13.42%-36.22%

How might Plastiblends India's clean encumbrance record influence institutional investor confidence and potential increase in promoter shareholding in the near future?

Given the interconnected promoter group including Kabra Extrusiontechnik Ltd. and Kolsite Corporation LLP, what are the prospects for strategic business synergies or consolidation among these entities?

How does Plastiblends India's consistent regulatory compliance compare to peers in the masterbatch and plastic compounding industry, and could this strengthen its valuation multiples?

Plastiblends India Limited Confirms Non-Large Corporate Status to Stock Exchanges

1 min read     Updated on 07 Apr 2026, 05:30 PM
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Plastiblends India Limited has notified BSE and NSE that it does not qualify as a Large Corporate under SEBI regulations as of March 31, 2026. The disclosure was made in compliance with SEBI circular dated November 26, 2018, relating to debt securities fund raising by Large Corporates. Company Secretary Himanshu Mhatre signed the regulatory filing on April 07, 2026, maintaining the company's compliance obligations.

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Plastiblends India Limited has officially communicated to both BSE and NSE that it does not meet the criteria for classification as a Large Corporate under current SEBI regulations. The company made this disclosure on April 07, 2026, ensuring compliance with regulatory requirements for publicly listed entities.

Regulatory Compliance Details

The notification was made in reference to SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, which specifically addresses fund raising by issuance of debt securities by Large Corporates. The company confirmed its non-Large Corporate status as of March 31, 2026, based on the applicability criteria specified in the aforementioned SEBI circular.

Parameter Details
Filing Date April 07, 2026
Reference Date March 31, 2026
SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144
Circular Date November 26, 2018
Signatory Himanshu Mhatre, Company Secretary

Stock Exchange Communication

The formal communication was simultaneously sent to both major Indian stock exchanges where Plastiblends India Limited shares are listed. The company maintains its listing presence on BSE with scrip code 523648 and on NSE under the stock code PLASTIBLEN.

Corporate Information

Plastiblends India Limited operates from its head office located at Fortune Terraces, A-Wing, 10th Floor, Opp. Citi Mall, New Link Road, Andheri (West), Mumbai. The company maintains manufacturing facilities across multiple locations including Daman, Palsana in Gujarat, and Roorkee in Uttarakhand, demonstrating its pan-India operational presence.

The regulatory filing was digitally signed by Company Secretary Himanshu Suresh Mhatre on April 07, 2026, at 14:40:51 +05'30', ensuring proper authentication and compliance with digital filing requirements.

Historical Stock Returns for Plastiblends

1 Day5 Days1 Month6 Months1 Year5 Years
+4.09%+5.32%+11.75%+1.25%-13.42%-36.22%

What specific growth strategies might Plastiblends pursue to potentially qualify as a Large Corporate in future assessments?

How could this non-Large Corporate status impact Plastiblends' debt fundraising options and borrowing costs going forward?

Will this classification affect Plastiblends' ability to compete for large-scale projects against companies with Large Corporate status?

More News on Plastiblends

1 Year Returns:-13.42%