Readymix Construction Machinery promoters confirm no new share encumbrances in FY26
Readymix Construction Machinery Limited filed a disclosure with NSE confirming promoters Anand Suresh Watve, Atul Jagannath Kulkarni, and Prashant Balasaheb Kanikdale created no new share encumbrances in FY26. The declaration, submitted under SEBI Regulation 31(4), covers the financial year ended March 31, 2026.

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Readymix Construction Machinery Limited has submitted its yearly disclosure to the National Stock Exchange of India Limited, confirming that its promoters have not created any fresh encumbrances on their shareholdings during FY26. The filing, submitted on April 7, 2026, covers the period ending March 31, 2026, and adheres to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulation, 2011.
The disclosure was made on behalf of the Promoter & Promoters Group. The company's Company Secretary & Compliance Officer, Munjaji P Dhumal, communicated the details to the exchange, ensuring that the regulatory requirement for annual reporting on share encumbrances was met.
Individual declarations were received from key promoters, including Anand Suresh Watve, Atul Jagannath Kulkarni, and Prashant Balasaheb Kanikdale. In their respective letters dated April 5, 2026, addressed to the Listing Department of NSE Limited and the Audit Committee of readymix construction machinery , the promoters confirmed their status.
The promoters explicitly stated that they, along with persons acting in concert, have not made any encumbrance over the shares held by them, directly or indirectly, during the specified financial year. This confirmation excludes any encumbrances that were already disclosed prior to or during the year ended March 31, 2026.
The following table details the promoters who submitted the confirmations:
| Promoter Name | Address |
|---|---|
| Anand Suresh Watve | B-201, Vrindavan Garden Soc., Paud Road, Lokmanya Colony, Kothrud, Pune 411038 |
| Atul Jagannath Kulkarni | Shrida Bungalow, S No 43, Plot No. 33, Navsahyadri Housing Soc., Karvenagar, Pune City 411052 |
| Prashant Balasaheb Kanikdale | Flat No. 401, Tejaura Apartment, Lane No. 3, Happy Colony, Kothrud, Pune 411038 |
The filing provides transparency regarding the shareholding status of the promoter group, ensuring that the exchange and investors are informed about any potential pledges or encumbrances that could affect the company's ownership structure.
Historical Stock Returns for Readymix Construction Machinery
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -6.41% | -6.41% | -21.46% | -37.87% | -21.67% | -37.53% |
How might the absence of fresh encumbrances influence investor confidence in Readymix Construction Machinery Limited's stock?
What are the potential strategic implications for the company if promoters decide to unlock value by creating encumbrances in the future?
How does this disclosure align with the company's broader capital allocation strategy for FY27?



























