Rhetan TMT promoter holds 495000000 shares, no encumbrance in FY26

1 min read     Updated on 03 Jun 2026, 04:50 AM
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AI Summary

Rhetan TMT Limited promoter Shalin Ashok Shah disclosed holding 495000000 equity shares as of March 31, 2026, with no encumbrance reported during FY26. The declaration, submitted to exchanges on April 7, 2026, complies with SEBI (SAST) Regulations, 2011.

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Shalin Ashok Shah, Promoter and Managing Director of rhetan tmt , has disclosed to the stock exchanges that the promoter group held 495000000 equity shares as on March 31, 2026. The filing confirms that no shares were encumbered, directly or indirectly, during the financial year ended March 31, 2026. This declaration provides clarity on the holding status and the absence of any pledge or lien on the promoter's stake for the specified period.

The disclosure was submitted to BSE Limited and National Stock Exchange of India Limited on April 7, 2026, in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The regulation requires promoters to disclose the details of encumbrance, if any, on their holdings. Shah, on behalf of the Promoter and Promoter Group, confirmed that the information provided is accurate for the financial year under review.

Key Shareholding Details

The following table outlines the shareholding details disclosed by the promoter:

Particulars Details
Name of Promoter Shalin Ashok Shah
Shares held as on March 31, 2026 495000000 Equity Shares
Encumbrance status during FY26 No encumbrance
Regulation cited SEBI (SAST) Regulations, 2011, Reg 31(4)

The filing was addressed to the managers of both BSE and NSE, with a copy forwarded to the Audit Committee of Rhetan TMT Limited. The promoter's Director Identification Number (DIN) was recorded as 00297447.

Historical Stock Returns for Rhetan TMT

1 Day5 Days1 Month6 Months1 Year5 Years
+1.81%+1.61%+4.45%+32.36%+45.42%+45.42%

How will the zero-encumbrance status impact Rhetan TMT's ability to raise future capital or secure loans?

Does this clean holding structure suggest potential plans for further promoter investment or stake consolidation?

How might this disclosure influence investor confidence and stock liquidity in the upcoming fiscal year?

Rhetan TMT Limited Reports FY26 Financial Results; Company Secretary Resigns

2 min read     Updated on 03 May 2026, 05:54 PM
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Rhetan TMT Limited announced audited FY26 financial results showing profit growth to Rs. 1029.78 lakh from Rs. 494.90 lakh, despite revenue declining to Rs. 3295.72 lakh. The company published mandatory newspaper advertisements on May 3, 2026, complying with SEBI regulations, while also announcing the resignation of Company Secretary Mrs. Riddhi Mit Shah effective April 30, 2026.

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Rhetan TMT Limited has announced its audited financial results for the quarter and year ended 31st March, 2026, following a Board meeting held on 2nd May, 2026. The company reported total income of Rs. 3295.72 lakh for FY26, compared to Rs. 4059.31 lakh in the previous year. Profit for the year stood at Rs. 1029.78 lakh, with earnings per share of Rs. 0.18 on both basic and diluted basis.

Financial Performance Summary

The statutory auditors, GMCA & Co., Chartered Accountants (FRN: 109850W), issued an audit report with unmodified opinion on the financial results. The company operates in a single segment focused on manufacturing of TMT Bars and has adopted Indian Accounting Standards (Ind AS) from 1st April, 2024.

Particulars: Year Ended 31/03/2026 Year Ended 31/03/2025
Total Income: Rs. 3295.72 lakh Rs. 4059.31 lakh
Total Expenses: Rs. 1978.98 lakh Rs. 3533.22 lakh
Profit for the Period: Rs. 1029.78 lakh Rs. 494.90 lakh
Earnings Per Share (Basic): Rs. 0.18 Rs. 0.06
Total Assets: Rs. 16511.61 lakh Rs. 12350.42 lakh
Total Equity and Liabilities: Rs. 16511.61 lakh Rs. 12350.42 lakh

Balance Sheet Position

The company's balance sheet shows total assets of Rs. 16511.61 lakh as at 31st March, 2026, comprising non-current assets of Rs. 4139.60 lakh and current assets of Rs. 12372.01 lakh. Equity stood at Rs. 10861.41 lakh, with share capital of Rs. 7968.75 lakh and other equity of Rs. 2892.66 lakh. Non-current liabilities increased to Rs. 2741.01 lakh, while current liabilities stood at Rs. 2909.19 lakh.

Cash Flow Analysis

The cash flow statement for FY26 shows net cash from operating activities of Rs. 134.43 lakh, net cash used in investing activities of Rs. 869.99 lakh, and net cash from financing activities of Rs. 736.02 lakh. Cash and cash equivalents at the end of the year were Rs. 30.24 lakh, compared to Rs. 29.78 lakh at the beginning of the year.

Regulatory Compliance

In compliance with Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published an advertisement of its audited financial results on 3rd May, 2026. The advertisement was published in one English daily newspaper and one daily newspaper in the regional language where the company's registered office is situated. Managing Director Shalin A. Shah submitted the formal notification to both BSE Limited and National Stock Exchange of India Limited.

Compliance Details: Information
Advertisement Date: 3rd May, 2026
Regulation: SEBI (LODR) Regulations, 2015 - Section 47
Publication: English and Regional Language Newspapers
Authorized Signatory: Shalin A. Shah, Managing Director (DIN: 00297447)

Management Changes

Separately, the company informed BSE and NSE about the resignation of Company Secretary and Compliance Officer, Mrs. Riddhi Mit Shah (ACS: A70953), effective 30th April, 2026. Mrs. Shah resigned to pursue better career opportunities. The notification was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Managing Director Shalin A. Shah (DIN: 00297447) signed the formal intimation letter submitted to the stock exchanges.

Historical Stock Returns for Rhetan TMT

1 Day5 Days1 Month6 Months1 Year5 Years
+1.81%+1.61%+4.45%+32.36%+45.42%+45.42%

What factors contributed to the 19% decline in revenue despite a doubling of profit margins, and is this trend sustainable?

How will the company address the compliance gap following the resignation of its Company Secretary, and what timeline is expected for appointing a replacement?

Given the significant increase in total assets from Rs. 12,350 lakh to Rs. 16,511 lakh, what expansion or acquisition activities is the company planning?

More News on Rhetan TMT

1 Year Returns:+45.42%