Positron Energy Promoters Declare No Encumbrances on Shares for FY26 Under SEBI SAST Regulations

1 min read     Updated on 10 May 2026, 03:33 PM
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AI Summary

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 Day5 Days1 Month6 Months1 Year5 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?

Positron Energy Limited Reports FY26 Results; Approves Auditor Appointments

4 min read     Updated on 08 May 2026, 10:20 AM
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Positron Energy Limited announced its audited financial results for the year ended March 31, 2026, reporting a total income of 44839.59 and a net profit of 2004.37. Revenue from operations rose to 44215.38, while total assets reached 12798.70. The Board re-appointed internal and cost auditors and appointed Mrs. Hinaben Dhrumilkumar Patel as the new Company Secretary and Compliance Officer following the resignation of Mrs. Madhuri Niconkumar Mistry.

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Positron Energy Limited has released its audited financial results for the year ended March 31, 2026. The Board of Directors approved the standalone financial results for the second half and the full year during a meeting held on May 7, 2026. The company reported a total income of 44839.59 for the year ended March 31, 2026, up from 33940.79 in the previous year. Profit for the period from continuing operations after tax stood at 2004.37 for FY26, compared to 1778.43 in the prior year.

Financial Performance

The company's revenue from operations increased to 44215.38 for the year ended March 31, 2026, from 33681.91 in the year ended March 31, 2025. Total expenses for the year were reported at 42129.71, compared to 31742.56 in the previous year. The basic and diluted earnings per share (EPS) for the year were recorded at 26.37, compared to 26.12 in the previous year.

Key Financial Figures

Particulars Year Ended 31/03/2026 (Audited) Year Ended 31/03/2025 (Audited)
Revenue From Operations 44215.38 33681.91
Total Income 44839.59 33940.79
Total Expenses 42129.71 31742.56
Profit Before Tax 2709.88 2198.24
Profit for the Period 2004.37 1778.43
Basic EPS 26.37 26.12

Balance Sheet Highlights

As of March 31, 2026, the company's total assets stood at 12798.70, an increase from 11525.33 in the previous year. Shareholders' funds grew to 9867.08 from 7862.72 in the prior year. Cash and cash equivalents increased significantly to 8099.82 as of March 31, 2026, compared to 6566.01 a year earlier.

Board Decisions and Appointments

Alongside the financial results, the Board approved several key administrative decisions. M/s. Ravi V Patel & Co., Chartered Accountants, was re-appointed as the Internal Auditor for the financial years 2026-27 to 2028-29. Additionally, M/s. Alok Sharma & Company, Cost Accountants, was re-appointed as the cost auditor for the same period.

Changes in Compliance Officer

The Board accepted the resignation of Mrs. Madhuri Niconkumar Mistry, Company Secretary and Compliance Officer, effective from the close of business hours on May 7, 2026, due to personal reasons. Consequently, the Board appointed Mrs. Hinaben Dhrumilkumar Patel as the new Company Secretary and Compliance Officer, effective from May 8, 2026. The statutory auditors, Abhishek Kumar & Associates, issued an unmodified opinion on the audited financial results.

Historical Stock Returns for Positron Energy

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%+5.83%+29.09%-44.35%-46.20%-57.56%

Given Positron Energy's heavy reliance on stock-in-trade purchases (over 90% of revenue), how vulnerable is the company to commodity price volatility or supply chain disruptions in the energy sector?

With cash and cash equivalents surging to ₹8,099.82 lakhs against minimal borrowings of ₹41.63 lakhs, what strategic acquisitions, capacity expansions, or dividend distributions might the company pursue to deploy this capital efficiently?

Despite strong revenue growth of ~31%, the basic EPS improved only marginally from ₹26.12 to ₹26.37 — could the company consider a share buyback or bonus issue to enhance shareholder value given its strong cash position?

More News on Positron Energy

1 Year Returns:-46.20%