Positron Energy Promoters Declare No Encumbrances on Shares for FY26 Under SEBI SAST Regulations
Positron Energy Limited's promoter Sujit K Sugathan filed annual disclosures on 3rd April 2026 under Regulation 31(4) of SEBI SAST Regulations, 2011, declaring no encumbrances on shares during the financial year ended 31st March 2026. The promoter group and PAC collectively hold 54,87,300 shares, representing 72.1975% of the total share and voting capital as on March 31, 2026. The disclosure was submitted to both the company and the National Stock Exchange of India Ltd.

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Positron Energy Limited has received an annual disclosure from its promoter, Sujit K Sugathan, filed on 3rd April 2026, pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The declaration confirms that no encumbrances have been created on the shares of the company, either directly or indirectly, other than those already disclosed, during the financial year ended 31st March 2026. The disclosure was submitted to both Positron Energy Limited and the National Stock Exchange of India Ltd.
Declaration of No Encumbrances
Sujit K Sugathan, acting on behalf of the promoter, promoter group, and persons acting in concert (PAC), has formally declared the absence of any new encumbrances on shares during FY26. This annual disclosure is a mandatory compliance requirement under SEBI's SAST Regulations, aimed at ensuring transparency regarding the pledging or encumbering of promoter shareholding in listed companies.
Promoter and PAC Shareholding as on March 31, 2026
The following table presents the shareholding details of all promoters, members of the promoter group, and PAC as on March 31, 2026:
| Name: | No. of Shares | % of Total Share/Voting Capital |
|---|---|---|
| Sujit K Sugathan | 17,71,300 | 23.3054% |
| Manav Bahri | 17,13,200 | 22.5409% |
| Rajiv Shankarankutty Menon | 17,16,500 | 22.5843% |
| Rachana Rajiv Menon | 1,13,200 | 1.4894% |
| Rashmi Manav Bahri | 1,14,100 | 1.5012% |
| Annapoorna Sujit | 59,000 | 0.7763% |
| Total | 54,87,300 | 72.1975% |
The combined promoter group and PAC collectively hold 54,87,300 shares, accounting for 72.1975% of the total share and voting capital of Positron Energy Limited as on March 31, 2026. Among individual promoters, Sujit K Sugathan holds the largest stake at 23.3054%, followed closely by Rajiv Shankarankutty Menon at 22.5843% and Manav Bahri at 22.5409%.
Regulatory Context
The disclosure has been made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which mandates that every promoter of a listed company must declare on an annual basis whether any encumbrances exist on their shareholding. This filing reinforces the company's commitment to regulatory compliance and shareholder transparency.
Historical Stock Returns for Positron Energy
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.99% | +5.83% | +29.09% | -44.35% | -46.20% | -57.56% |
With promoters holding over 72% of Positron Energy's shares, how might this concentrated ownership structure impact the company's ability to raise fresh capital or pursue strategic partnerships in the near future?
Given the near-equal shareholding distribution among the three key promoters, what governance mechanisms are in place to resolve potential decision-making conflicts that could affect Positron Energy's strategic direction?
How does Positron Energy's zero-encumbrance promoter shareholding position compare to industry peers in the energy sector, and could this strengthen the company's creditworthiness for future debt financing?



























