Sainik Finance & Industries Limited has filed its annual disclosure under SEBI takeover regulations, confirming that promoters have not encumbered their shareholding during the financial year ended March 31, 2026. The regulatory filing was submitted to BSE Limited on April 3, 2026, by Company Secretary and Compliance Officer Piyush Garg.

Promoter Shareholding Details

The disclosure reveals the current promoter shareholding structure and compliance status for the concluded financial year.

Regulatory Compliance Framework

The filing was made in compliance with Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. This regulation mandates annual disclosure by promoters and promoter group members regarding any encumbrance of their shareholding.

The disclosure confirms that promoters and promoter group members, including persons acting in concert, have not made any encumbrance of shares directly or indirectly during the financial year ended March 31, 2026. This declaration covers all members of the promoter and promoter group holding the substantial shareholding in the company.

Official Declaration and Documentation

Promoter Rudra Sen Sindhu signed the official declaration on behalf of the promoters and promoter group of Sainik Finance & Industries Limited. The comprehensive filing included detailed documentation confirming the no-encumbrance status of the promoter shareholding.

The disclosure was also copied to the Chairperson of the Audit Committee as part of internal governance protocols. The company maintains its registered office at Transport Centre, Rohtak Road, Punjabi Bagh, New Delhi, with corporate office located at Ambience Mall, Gurugram.

Corporate Information

Sainik Finance & Industries Limited operates with CIN L26912DL1991PLC045449 and maintains comprehensive communication channels including official website and email contacts. This regulatory filing demonstrates the company's commitment to transparency and compliance with SEBI regulations regarding substantial shareholding disclosures.

Sainik Finance & Industries Limited has completed a significant inter-se transfer of shares among its promoter and promoter group members, involving the redistribution of 25,03,982 equity shares representing 23.01% of the company's total share capital. The transaction was executed on March 30, 2026, through off-market transfers at ₹40.62 per share, with regulatory compliance completed on April 1, 2026.

Transaction Structure and Details

The share transfer involves Kuldeep Singh Solanki as the sole transferor, distributing his entire shareholding to nine members of the Sindhu family. The transaction was structured as an inter-se transfer among promoter group members, qualifying for exemption under Regulation 10(1)(a)(ii) of SEBI (SAST) Regulations, 2011.

Shareholding Impact Analysis

The transaction resulted in significant changes in individual shareholdings within the promoter group while maintaining the overall promoter stake. Post-transaction, the collective shareholding of the acquirers increased substantially from their previous holdings.

Regulatory Compliance and Reporting

The company has fulfilled all regulatory requirements under SEBI regulations. Sarvesh Sindhu filed the report under Regulation 10(6) of SEBI (SAST) Regulations, 2011, on behalf of all acquirers on April 1, 2026. The initial disclosure under Regulation 10(5) was made on March 20, 2026, within the specified timeline, demonstrating proper regulatory compliance.

Key Transaction Features

The inter-se transfer maintains the aggregate promoter and promoter group shareholding at the same level, ensuring no change in the control structure of the company. All shares were transferred at a uniform price of ₹40.62 per share through off-market transactions. The transaction falls within the exemption framework provided under SEBI regulations for inter-se transfers among promoter group members, with the company's shares listed on BSE Limited and all necessary disclosures made to the stock exchange.