Promoters confirm no encumbrance on shares in FY26

1 min read     Updated on 26 May 2026, 04:06 AM
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Jullundur Motor Agency (Delhi) Limited disclosed on April 06, 2026, that its promoters and promoter group have not created any encumbrance on the company's shares during the financial year ended March 31, 2026. The declaration was submitted to the National Stock Exchange of India under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The confirmation covers all promoters, persons acting in concert, and members of the promoter group.

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Jullundur Motor Agency (Delhi) Limited disclosed on April 06, 2026, that its promoters and promoter group have not created any encumbrance on the company's shares during the financial year ended March 31, 2026. The declaration was submitted to the National Stock Exchange of India under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This confirmation ensures that the shareholding of the key stakeholders remains unpledged for the specified period.

The filing was made on behalf of the promoter and promoter group, along with persons acting in concert. The signatories to the declaration included Shuchi Arora, Deepak Arora, Aashna Arora, Navneet Arora, Manisha Kapoor, Varoon Malik, and Aditi Arora Malik. The document confirmed that no shares were encumbered directly or indirectly by these entities throughout FY26.

The disclosure listed the individuals and entities comprising the promoter and promoter group. The list included Deepak Arora and Santosh Sondhi (Deceased) as promoters. The promoter group consisted of Shuchi Arora, Aditi Arora Malik, Aashna Arora, Manisha Kapoor, Virat Sondhi HUF, Navneet Arora, and Varoon Malik.

Promoter and Promoter Group Details

S. No. Name(s) of the person and Persons Acting in Concert (PAC) Category
1. Deepak Arora Promoter
2. Santosh Sondhi (Deceased) Promoter
3. Shuchi Arora Promoter
4. Aditi Arora Malik Promoter Group
5. Aashna Arora Promoter Group
6. Manisha Kapoor Promoter Group
7. Virat Sondhi HUF Promoter Group
8. Navneet Arora Promoter Group
9. Varoon Malik Promoter Group

The company requested the exchange to place the declaration on record. The registered office of Jullundur Motor Agency (Delhi) Limited is located at 458-1/16, Sohna Road, Opp. New Court, Gurugram - 122001, Haryana.

Historical Stock Returns for Jullundur Motor Agency

1 Day5 Days1 Month6 Months1 Year5 Years
-2.76%+5.84%-3.35%+1.46%-6.01%+88.16%

Will the unpledged status of the promoter shares encourage the company to pursue new capital raising or debt instruments in the near future?

How might this clean shareholding structure impact investor confidence and institutional interest in Jullundur Motor Agency's upcoming earnings?

Does the absence of encumbrance signal a strategic shift by the promoters towards long-term holding rather than leveraging equity for liquidity?

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Jullundur Motor Agency (Delhi) Limited Files Promoter Disclosure Under SEBI Takeover Regulations for FY26

2 min read     Updated on 07 May 2026, 03:25 AM
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Jullundur Motor Agency (Delhi) Limited filed its promoter disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, with the National Stock Exchange of India Limited on 6th April, 2026. The filing covers the financial year ended 31st March, 2026, and includes a declaration by the promoter and promoter group that no encumbrance was created on the company's shares during the period. The promoter group comprises nine individuals and entities, including Deepak Arora, Shuchi Arora, and Virat Sondhi HUF, among others. The disclosure was submitted by Company Secretary and Compliance Officer Ramkesh Pal.

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Jullundur Motor Agency (Delhi) Limited has submitted a regulatory disclosure to the National Stock Exchange of India Limited on 6th April, 2026, pursuant to Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing pertains to the financial year ended 31st March, 2026, and was submitted by the company's promoter and promoter group together with persons acting in concert.

No Encumbrance on Promoter Shares

The promoter and promoter group, along with persons acting in concert, have declared and confirmed that no encumbrance was created on the shares of the company, either directly or indirectly, during the financial year ended 31st March, 2026. This declaration has been made in accordance with the requirements of the SEBI Takeover Regulations and has been submitted to the exchange for record purposes.

The disclosure was signed by multiple members of the promoter and promoter group at Gurugram on 6th April, 2026. The filing was also acknowledged by Ramkesh Pal, Company Secretary and Compliance Officer of Jullundur Motor Agency (Delhi) Limited.

Promoter and Promoter Group Members

The following is the complete list of promoters, promoter group members, and persons acting in concert as disclosed in Annexure A of the filing:

S. No. Name Category
1. Deepak Arora Promoter
2. Santosh Sondhi (Deceased) Promoter
3. Shuchi Arora Promoter
4. Aditi Arora Malik Promoter Group
5. Aashna Arora Promoter Group
6. Manisha Kapoor Promoter Group
7. Virat Sondhi HUF Promoter Group
8. Navneet Arora Promoter Group
9. Varoon Malik Promoter Group

Filing Details

The key details of the regulatory submission are outlined below:

Parameter: Details
Filing Date: 6th April, 2026
Regulation: Regulation 31(4), SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Financial Year: Ended 31st March, 2026
Exchange: National Stock Exchange of India Limited
Registered Office: 458-1/16, Sohna Road, Opp. New Court, Gurugram – 122001, Haryana, India
Compliance Officer: Ramkesh Pal, Company Secretary

The disclosure has been filed as part of the company's ongoing compliance obligations under SEBI regulations, and the exchange has been requested to take the information on record.

Historical Stock Returns for Jullundur Motor Agency

1 Day5 Days1 Month6 Months1 Year5 Years
-2.76%+5.84%-3.35%+1.46%-6.01%+88.16%

How might the succession planning for the promoter group change following the death of Santosh Sondhi, and could this lead to any restructuring of shareholding patterns?

Given the clean encumbrance record, is Jullundur Motor Agency (Delhi) Limited likely to pursue any significant capital raising or acquisition activities in the near future?

How does the promoter group's consistent compliance with SEBI Takeover Regulations position the company for potential strategic partnerships or investor interest in the automotive sector?

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1 Year Returns:-6.01%