R M Drip promoters confirm no encumbrance in FY26

1 min read Updated on 13 Jun 2026, 01:43 AM

Reviewed by

Ashish TScanX News Team

AI Summary

R M Drip and Sprinklers Systems Limited disclosed that its promoters and promoter group did not create any encumbrance on their shareholdings during FY26, other than those previously disclosed. The filing, signed by authorised signatory Nivrutti Pandurang Kedar, was submitted in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

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R M Drip and Sprinklers Systems Limited has disclosed that its promoters and promoter group have not created any encumbrance on their shareholdings during the financial year 2025-2026. The intimation, submitted to the stock exchanges, confirms that no direct or indirect encumbrance was made other than those previously disclosed. This disclosure is significant as it assures investors of the unencumbered status of the promoter holdings, which is a key indicator of financial stability and corporate governance.

The filing was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The regulation mandates periodic disclosures by promoters regarding any encumbrance on their holdings. The confirmation was signed by Nivrutti Pandurang Kedar, an authorised signatory, on behalf of the promoter, promoter group, and persons acting in concert.

The disclosure details the shareholding status of key individuals as of March 31, 2026. The table below outlines the holdings of the promoters and promoter group members.

Name of Individuals	Category	Holding as on 31.03.2026
Nivrutti Pandurang Kedar	Promoter	4,50,40,270
Surekha Nivrutti Kedar	Promoter	24,41,040
Kedar Nivrutti Pandurang	Promoter Group	27,01,040
Anuja Nivrutti Kedar	Promoter Group	23,81,040
Atharva Nivrutti Kedar	Promoter Group	40,000

The company has requested the exchanges to place the information on record. The registered office of R M Drip and Sprinklers Systems Limited is located at Gat No. 475, Village Gonde, Taluka Sinnar, Nashik, Maharashtra. The scrip is listed on the BSE with code 544456 and on the NSE under the symbol RMDRIP.

Historical Stock Returns for RM Drip & Sprinklers System

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.87%	+2.39%	+3.74%	-57.32%	-39.72%	+1,335.77%

Will the unencumbered status of promoter holdings encourage the company to pursue new capital raising initiatives in the upcoming fiscal year?

How might this confirmation of financial stability impact institutional investor confidence and stock liquidity in the near term?

Are there any strategic expansion plans or M&A activities on the horizon that could leverage the current strength of the promoter's shareholding position?

Financial Performance

The company's standalone financial results for the quarter ended March 31, 2026, show a net profit of ₹1,019.61 lakh. Total income for the quarter stood at ₹6,142.82 lakh. For the full fiscal year, the profit before tax was ₹4,790.56 lakh, with a total tax expense of ₹1,269.03 lakh. Earnings per equity share (basic) for the year improved to ₹1.41 from ₹0.96 in the previous year.

Operational Highlights

The board met on May 30, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. M/s Bilimoria Mehta & Co., Chartered Accountants, issued the audit report with an unmodified opinion on the standalone and consolidated financial results. The board also approved the re-appointment of M/s SHARPS & CO., Chartered Accountants, as the Internal Auditor for the financial year 2026-27.

Consolidated Results

On a consolidated basis, the company reported a net profit of ₹3,491.51 lakh for FY26, up from ₹2,405.99 lakh in the previous year. Consolidated revenue from operations for the year was ₹19,738.25 lakh. The company noted that Tuljai Agro Chemicals Private Limited and Brahmanand Pipes Private Limited are its subsidiaries as of March 31, 2026.