Rappid Valves promoters confirm no share encumbrance in FY26
Rappid Valves (India) Limited disclosed to the National Stock Exchange that its promoters and promoter group members did not create any encumbrance on shares during FY26. The declaration, signed by promoter Gaurav Vijay Dalal, complies with SEBI regulations. It covers 15 entities, including individuals and foundations classified as promoter groups.
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Rappid Valves (India) Limited has disclosed that its promoters and promoter group members did not encumber any shares during the financial year 2025-26. The declaration, submitted to the National Stock Exchange of India Ltd., confirms that no shares were pledged, either directly or indirectly, by the promoters or persons acting in concert with them. This compliance filing ensures transparency regarding the holding status of key stakeholders.
The submission was made in accordance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The declaration was signed by Gaurav Vijay Dalal, a promoter of the company, and addressed to the Audit Committee and the exchange. The filing was formally submitted by Vanshita Beeshamdass Wadhwani, Company Secretary & Compliance Officer.
The disclosure covers a total of 15 entities associated with the company. The list includes the primary promoter and several individuals and entities classified as promoter group members. The confirmation of unencumbered status applies to all listed entities for the specified financial period.
Promoter and Promoter Group Details
The following table outlines the entities included in the declaration:
| Name of Entity/Person | Category |
|---|---|
| Gaurav Vijay Dalal | Promoter |
| Vijay Laldas Dalal | Promoter Group |
| Usha Vijay Dalal | Promoter Group |
| Mansi Gaurav Dalal | Promoter Group |
| Ghia Tej | Promoter Group |
| Raeya Gaurav Dalal | Promoter Group |
| Ayaana Gaurav Dalal | Promoter Group |
| Anil Parekh | Promoter Group |
| Beena Anil Parekh | Promoter Group |
| Vishal Anil Parekh | Promoter Group |
| Manray Foundation | Promoter Group |
| Beenanil Charitable Foundation | Promoter Group |
| Parekh Automotives Private Limited | Promoter Group |
| Ziwia Exim International Private Limited | Promoter Group |
| Parekh Developers & Realty LLP | Promoter Group |
The company requested the exchange to place the information on record. The declaration is dated April 06, 2026.
Historical Stock Returns for Rappid Valves
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -13.58% | -12.53% | -20.07% | -31.80% | -17.95% | -28.61% |
How will the unencumbered status of promoter shares influence Rappid Valves' ability to raise future capital?
What impact will this clean holding structure have on institutional investor confidence in the company?
Does the lack of share pledging indicate a shift in the promoter group's strategy towards expansion or acquisitions?
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