Purple United Sales Promoters Disclose Zero Share Encumbrance for FY26 Under SEBI Takeover Regulations

2 min read     Updated on 05 May 2026, 09:36 PM
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Jatinder Dev Seth, promoter and Managing Director of Purple United Sales Limited, filed a disclosure under Regulation 31(4) of SEBI Takeover Regulations, 2011, on 3rd April, 2026. The Promoter and Promoter Group, including PAC, held 61,33,000 equity shares representing 63.82% of the company as on 31st March, 2026. The filing confirms that no encumbrances were created on the promoter shareholding, directly or indirectly, during the financial year ended 31st March, 2026. The disclosure was submitted to the National Stock Exchange of India Limited and the company's Audit Committee.

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Jatinder Dev Seth, Managing Director and promoter of Purple United Sales Limited, has submitted a regulatory disclosure dated 3rd April, 2026, to the National Stock Exchange of India Limited. The filing, made under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, declares that the Promoter and Promoter Group, including Persons Acting in Concert (PAC), held 61,33,000 (Sixty One Lakh Thirty Three Thousand) equity shares, constituting 63.82% of the company's total equity, as on 31st March, 2026.

Zero Encumbrance Declared for Financial Year Ended March 2026

The disclosure explicitly states that no encumbrances were created on the promoter shareholding, either directly or indirectly, at any time during the financial year ended 31st March, 2026. The declaration was submitted by Jatinder Dev Seth on behalf of the entire Promoter and Promoter Group, including all Persons Acting in Concert (PAC), in compliance with the applicable SEBI regulatory framework.

Promoter and Promoter Group Composition

The filing includes Annexure A, which provides a detailed list of all individuals and entities forming part of the Promoter and Promoter Group, including PAC. The complete list is as follows:

S. No. Name Category
1 Jatinder Dev Seth Promoter
2 Bhawna Seth Promoter
3 InnovationM Mobile and Web Technologies Private Limited Promoter
4 Manish Dev Seth Promoter
5 Monica Seth Promoter
6 Ashish Dev Seth Promoter Group
7 Naman Seth Promoter Group
8 Baldev Raj Seth Promoter Group
9 Saroj Seth Promoter Group
10 Rajinder Kumar Chhabra Promoter Group
11 Vivek Hans Promoter Group
12 Neetu Dhingra Promoter Group
13 Kailash Hans Promoter Group
14 Pehal Seth Promoter Group
15 Bevarabia Limited Promoter Group
16 Jaydee Enterprises Promoter Group
17 Vinayak Fabrics Promoter Group
18 Chirag Seth Promoter Group
19 Ipsa Phutela Promoter Group
20 Sachin Chhabra Promoter Group
21 Om Prakash Hans Promoter Group
22 Movingpin Technologies Private Limited Promoter Group
23 Foxmatrix Global Services Private Limited Promoter Group
24 Nufolks Global Private Limited Promoter Group

Key Disclosure Highlights

The following are the key parameters of this regulatory filing:

Parameter Details
Disclosure Date 3rd April, 2026
Regulation Regulation 31(4), SEBI Takeover Regulations, 2011
Promoter Shareholding 61,33,000 equity shares (63.82%)
Reference Date 31st March, 2026
Encumbrance Status Nil — No encumbrance created during FY ended 31st March, 2026
Signatory Jatinder Dev Seth, Managing Director

The disclosure was addressed to the National Stock Exchange of India Limited and a copy was also submitted to the Audit Committee of Purple United Sales Limited at its registered address in Mundka, Delhi. The filing underscores the promoter group's compliance with SEBI's mandatory annual encumbrance reporting requirements for listed companies.

Historical Stock Returns for Purple United Sales

1 Day5 Days1 Month6 Months1 Year5 Years
+0.71%+4.73%+10.35%-42.58%+49.96%+49.03%

Will the promoter group of Purple United Sales consider increasing or diluting their 63.82% stake in the near future, and how might that impact minority shareholders?

How does the zero-encumbrance status of promoter shares influence Purple United Sales' ability to raise institutional funding or attract strategic investors going forward?

Given the large and diverse promoter group including multiple private limited companies, are there any plans for consolidation of promoter entities that could affect corporate governance at Purple United Sales?

1 Year Returns:+49.96%