Radiowalla Network promoters confirm no share encumbrance in FY26

1 min read     Updated on 26 May 2026, 10:28 AM
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Reviewed by
Anirudha BScanX News Team
AI Summary

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 Day5 Days1 Month6 Months1 Year5 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?

Radiowalla Network complies with SEBI PIT regulations for Q4

1 min read     Updated on 23 May 2026, 04:56 PM
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Reviewed by
Naman SScanX News Team
AI Summary

Radiowalla Network Limited confirmed full compliance with SEBI's Prohibition of Insider Trading Regulations for Q4FY26. The company's Structured Digital Database successfully captured 6 UPSI events with no reported non-compliances.

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Radiowalla Network Limited has submitted its compliance certificate for the quarter ended March 31, 2026, confirming adherence to the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The certification covers the maintenance and operation of the Structured Digital Database (SDD) as mandated under Regulation 3(5) and 3(6) of the regulations.

Compliance Officer Certification

Kiran Gurnani, Company Secretary and Compliance Officer of radiowalla network , certified that the company has implemented a robust SDD. The system features controlled access, captures the nature of Unpublished Price Sensitive Information (UPSI) along with precise date and time stamps, and maintains an internal audit trail. The database is designed to be non-tamperable and is capable of preserving records for a period of 8 years.

UPSI Event Capture

During the quarter ended March 31, 2026, the company was required to capture 6 specific events related to UPSI. The certification confirms that all such events were duly recorded in the Structured Digital Database. The company reported that no non-compliance was observed during the previous quarter, necessitating no remedial actions.

Practicing Company Secretary Validation

The compliance status was further validated by SPDA and Associates, Practicing Company Secretaries. Their examination confirmed that the SDD meets all regulatory requirements, including the capture of all disseminated UPSI and the maintenance of a secure, non-tamperable record-keeping system. The auditors confirmed that there were no non-compliances observed as of March 31, 2026.

Compliance Aspect Status
Structured Digital Database In place
Access Control Exists
UPSI Capture Complete
Audit Trail Maintained
Record Retention 8 years
Non-Compliances Nil

Historical Stock Returns for Radiowalla Network

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-5.63%-20.83%-55.47%-57.46%-77.41%

How might Radiowalla Network's consistent insider trading compliance record influence institutional investor confidence and potential stock liquidity in upcoming quarters?

What types of UPSI events could Radiowalla Network face in future quarters given its business expansion plans, and how might increased UPSI frequency signal strategic corporate activity?

As SEBI continues to tighten insider trading regulations, what additional technological upgrades might companies like Radiowalla Network need to implement in their Structured Digital Databases?

1 Year Returns:-57.46%