Rajgor Castor files FY26 share encumbrance disclosure

1 min read     Updated on 21 May 2026, 11:06 AM
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Rajgor Castor Derivatives Limited filed its yearly disclosure under SEBI Regulation 31(4) for FY26, confirming no new share encumbrances by promoters. The declarations from Vasantkumar Shankarlal Rajgor, Maheshkumar Shankarlal Rajgor, and Brijeshkumar Vasantlal Rajgor were submitted to the NSE on April 4, 2026.

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Rajgor Castor Derivatives Limited has submitted its yearly disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing, addressed to the National Stock Exchange of India, covers the financial year ended March 31, 2026.

The company provided the disclosure on behalf of its promoters without including PAN details. The document confirms that the promoters, along with their promoter group and Persons Acting in Concert (PAC), have not made any encumbrance on the shares held by them during the specified period. This applies to shareholdings held both directly and indirectly, excluding any encumbrances that were already previously disclosed.

Promoter Declarations

The disclosure includes specific declarations from key promoters of the company. Vasantkumar Shankarlal Rajgor, Maheshkumar Shankarlal Rajgor, and Brijeshkumar Vasantlal Rajgor each submitted individual confirmations to the stock exchange and the company's Audit Committee.

Promoter Name Role Declaration Date
Vasantkumar Shankarlal Rajgor Promoter April 2, 2026
Maheshkumar Shankarlal Rajgor Promoter April 2, 2026
Brijeshkumar Vasantlal Rajgor Promoter April 2, 2026

Filing Details

The Managing Director of Rajgor Castor Derivatives Limited , Brijeshkumar Vasantlal Rajgor, signed the cover letter submitted to the exchange. The correspondence was digitally signed on April 4, 2026, at 10:59:22 IST. The company requested the exchange to acknowledge receipt of the information and place it on their records.

Historical Stock Returns for Rajgor Castor Derivatives

1 Day5 Days1 Month6 Months1 Year5 Years
+13.75%-2.50%+18.70%+24.94%+25.23%-55.32%

How might Rajgor Castor Derivatives Limited's clean encumbrance record influence investor confidence and potential institutional interest in the company's shares going forward?

Given the castor derivatives industry's volatility, are there any upcoming market conditions or regulatory changes that could pressure promoters to pledge shares as collateral in future financial years?

How does Rajgor Castor Derivatives Limited's promoter shareholding structure compare to industry peers, and could a high promoter concentration pose governance risks for minority shareholders?

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Rajgor Castor Derivatives passes postal ballot resolutions

1 min read     Updated on 20 May 2026, 11:33 AM
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Rajgor Castor Derivatives Limited announced that all resolutions in its postal ballot were passed with the requisite majority on May 15, 2026. The resolutions approved the increase of authorized share capital and amendments to the Articles of Association. The voting was conducted exclusively via remote e-voting, with 12 shareholders participating out of 900.

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rajgor castor derivatives has announced the successful conclusion of its postal ballot process, with all resolutions securing the requisite majority from shareholders. The remote e-voting, which served as the sole method for participation, concluded on May 15, 2026. The company disclosed the results in a filing submitted to the National Stock Exchange of India Limited on May 16, 2026.

Postal Ballot Outcome

The Scrutinizer's Report confirmed that the resolutions were passed with the necessary support. The voting process was managed by National Securities Depository Limited (NSDL), with the e-voting period open from April 16, 2026, to May 15, 2026. A total of 900 shareholders were eligible to vote, of which 12 shareholders participated through the e-voting mechanism. The company stated that physical postal ballot forms were not dispatched in compliance with Ministry of Corporate Affairs circulars.

Resolutions Passed

Shareholders approved two key items during the ballot. The first resolution, passed as an ordinary resolution, sought approval to increase the authorized share capital and alter the capital clause of the Memorandum of Association. The second resolution, a special resolution, concerned amendments to the Articles of Association of the Company. Both resolutions were deemed passed on the last date of e-voting.

Voting Details

The voting data revealed a total of 14,393,852 votes were polled out of 23,915,852 outstanding shares. The Promoter and Promoter Group cast 14,354,852 votes in favor of both resolutions, while Public Non-Institutions cast 12,000 votes in favor and 27,000 votes against. Public Institutions did not participate in the voting process.

Category No. of Shares Held No. of Votes Polled Votes In Favor Votes Against
Promoter and Promoter Group 1,43,54,852 1,43,54,852 1,43,54,852 0
Public Institutions 23,58,000 0 0 0
Public Non-Institutions 72,03,000 39,000 12,000 27,000
Total 2,39,15,852 1,43,93,852 1,43,66,852 27,000

The detailed Scrutinizer's Report and voting results have been hosted on the company's official website.

Historical Stock Returns for Rajgor Castor Derivatives

1 Day5 Days1 Month6 Months1 Year5 Years
+13.75%-2.50%+18.70%+24.94%+25.23%-55.32%

How will the increase in authorized share capital be utilized — through a rights issue, preferential allotment, or other fundraising mechanisms — and what is the expected timeline for execution?

Given that Public Institutions holding 23,58,000 shares did not participate in the vote, what does their continued disengagement signal about institutional confidence in Rajgor Castor Derivatives' strategic direction?

How might the amendments to the Articles of Association affect corporate governance structures, board composition, or promoter control over key business decisions?

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1 Year Returns:+25.23%