Radhe Developers (India) Limited Files Annual Promoter Disclosure Under SEBI Regulations for FY26

1 min read     Updated on 07 Apr 2026, 04:30 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Radhe Developers (India) Limited filed its annual promoter disclosure under SEBI Regulation 31(4) for FY26 ended March 31, 2026. The promoter group declared no share encumbrances during the financial year, with the disclosure covering eight promoter members including Ashish Patel, Jahnavi Patel, and others. The filing was submitted to BSE Limited on April 07, 2026, maintaining regulatory compliance.

powered bylight_fuzz_icon
37105208

*this image is generated using AI for illustrative purposes only.

Radhe developers (India) Limited has filed its mandatory annual disclosure under SEBI regulations for the financial year ended March 31, 2026. The company submitted the required documentation to BSE Limited on April 07, 2026, fulfilling its regulatory obligations under the substantial acquisition norms.

Regulatory Compliance Filing

The disclosure was made pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Company Secretary and Compliance Officer Khyati K. Patel submitted the filing to BSE Limited, confirming receipt of the annual disclosure from the promoter and promoter group members.

Promoter Group Declaration

The promoter group, led by Jahnavi A. Patel, declared that no encumbrances of shares were made directly or indirectly during the financial year ending March 31, 2026. This declaration covers all promoter and promoter group members associated with the company.

Promoter Group Composition

The disclosure identifies eight individuals as part of the promoter group:

Name: Category
Ashish Patel Promoter
Jahnavi Patel Promoter
Prafulbhai Patel Promoter
Nikiben Shah Promoter
Madhuben Patel Promoter
Kritika Patel Promoter
Abhinav Patel Promoter
Ujwal Soni Promoter

Company Information

Radhe Developers (India) Limited operates from its registered office at Radhe Acres, Block No. 220, 226 & 227, behind Applewoods Township, Shela, Ahmedabad-380058, Gujarat. The company holds CIN L45201GJ1995PLC024491 and trades on BSE under scrip code 531273. The annual disclosure represents part of the company's ongoing compliance with SEBI's substantial acquisition and takeover regulations, ensuring transparency in promoter shareholding patterns.

Historical Stock Returns for Radhe Developers

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-4.23%+28.37%-18.10%-9.95%+330.95%

What strategic expansion plans might Radhe Developers pursue in FY2027 given their clean promoter shareholding structure?

How could the stable promoter group composition impact the company's ability to raise capital for future real estate projects?

Will Radhe Developers consider any joint ventures or partnerships in Gujarat's growing real estate market following this compliance milestone?

Radhe Developers Receives BSE Listing Approval for 2.51 Crore Equity Shares on Preferential Basis

1 min read     Updated on 15 Feb 2026, 08:43 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Radhe Developers (India) Limited has received BSE's in-principle approval for listing 2,51,39,620 equity shares of ₹1 each on a preferential basis to promoters. The approval, dated February 13, 2026, facilitates the conversion of unsecured loans into equity shares under SEBI ICDR regulations. The company announced this regulatory milestone through proper disclosure under SEBI LODR requirements, with the transaction structured to strengthen the company's capital base through debt-to-equity conversion.

powered bylight_fuzz_icon
32714026

*this image is generated using AI for illustrative purposes only.

Radhe developers (India) Limited has secured a significant regulatory milestone with BSE Limited's in-principle approval for listing equity shares on a preferential basis. The approval represents a major step in the company's capital restructuring initiative involving the conversion of unsecured loans into equity.

Listing Approval Details

BSE Limited issued the in-principle approval letter on February 13, 2026, with reference number LOD/PREF/MV/FIP/1695/2025-26. The approval covers the listing of equity shares under the company's script code 531273 and script ID RADHEDE.

Parameter: Details
Number of Shares: 2,51,39,620 equity shares
Face Value: ₹1 per share
Basis: Preferential allotment
Beneficiary: Promoters
Purpose: Conversion of unsecured loan
Approval Date: February 13, 2026
Reference Number: LOD/PREF/MV/FIP/1695/2025-26

Regulatory Framework

The preferential allotment has been structured in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. This regulatory framework governs the issuance of securities on a preferential basis to specific investors, including promoters.

Corporate Disclosure

The company fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Khyati Patel, with membership number A53258, signed the regulatory filing on behalf of Radhe Developers (India) Limited.

Transaction Structure

The approved equity shares will be allotted to promoters as part of a loan conversion mechanism. This structure allows the company to convert existing unsecured loans into equity capital, potentially strengthening its balance sheet by reducing debt obligations and increasing equity base. The preferential basis ensures that the shares are allocated to specific promoter entities rather than through a public offering process.

Historical Stock Returns for Radhe Developers

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-4.23%+28.37%-18.10%-9.95%+330.95%

More News on Radhe Developers

1 Year Returns:-9.95%