Radiowalla Network promoters confirm no share encumbrance in FY26
Five promoters of Radiowalla Network confirmed no share encumbrance during FY26 in declarations dated April 11, 2026. The disclosures, filed under SEBI (SAST) Regulation 31(4), cover direct and indirect holdings. Signatories included Harvinderjit Singh Bhatia and Anil Srivatsa.

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Five promoters of radiowalla network have confirmed that they did not pledge or encumber any shares during the financial year ended March 31, 2026. The declarations were submitted to the Company Secretary & Compliance Officer on April 11, 2026, pursuant to Regulation 31(4) of the SEBI (SAST) Regulations 2011. This regulatory requirement mandates that promoters disclose any encumbrance over their shares to ensure transparency for shareholders.
The declarations were signed by Harvinderjit Singh Bhatia, Rehet Singh Bhatia, Gurneet Kaur Bhatia, Anil Srivatsa, and Tarvinder Jit Singh Bhatia. Each individual confirmed that neither they nor any persons acting in concert (PACs) had created any encumbrance over shares held directly or indirectly in Radiowalla Network Limited during FY26.
Signatory Details
The following table details the individuals who submitted the declarations and their respective roles within the company:
| Name | Role | Location |
|---|---|---|
| Harvinderjit Singh Bhatia | Promoter | Mumbai |
| Rehet Singh Bhatia | Promoter Group | Mumbai |
| Gurneet Kaur Bhatia | Promoter | Mumbai |
| Anil Srivatsa | Promoter | Bangalore |
| Tarvinder Jit Singh Bhatia | Promoter Group | New Delhi |
The confirmations were addressed to the Audit Committee of Radiowalla Network Limited for record-keeping purposes. The absence of encumbrance indicates that the promoters' shareholding remains free from liens or charges, which is a positive signal regarding the financial stability of the company's ownership structure.
Historical Stock Returns for Radiowalla Network
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | -5.63% | -20.83% | -55.47% | -57.46% | -77.41% |
How will the unencumbered status of promoter shares influence investor confidence and potential institutional investment in Radiowalla Network?
What are the strategic growth plans or capital allocation strategies Radiowalla Network intends to pursue given the stable ownership structure?
Could the absence of share pledges indicate a shift in the company's approach toward debt financing or internal accruals for future expansion?


























