Shanti Overseas (India) Limited confirmed it does not have any promoters or promoter group as of March 31, 2026, rendering the disclosure requirements for promoter share encumbrance inapplicable for the financial year 2025–26. The company communicated this status to the stock exchanges in a filing submitted on April 07, 2026. This regulatory exemption stems from the absence of a promoter group, which removes the obligation to report share encumbrances under SEBI takeover regulations.

The disclosure was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation typically mandates listed entities to provide details regarding the encumbrance of shares held by promoters and the promoter group. However, given the company's current shareholding structure, these specific reporting obligations are not triggered for the period ending March 31, 2026.

Regulatory Filing Details

The filing addressed the Corporate Relationship Department of NSE Limited and the Audit Committee of Shanti Overseas (India) Limited. It formally notified the authorities that the standard disclosures regarding promoter holdings and associated encumbrances would not be forthcoming due to the lack of identifiable promoters.

The communication was signed by Manish Harishankar Dubey, Managing Director of the company. The document noted that the absence of a promoter and promoter group is the definitive reason for the non-applicability of the encumbrance disclosure norms for the specified financial year.

Shanti Overseas (India) Limited reported a widened consolidated net loss of ₹749.63 lakh for the financial year ended March 31, 2026, compared to a loss of ₹279.25 lakh in the previous year. Revenue from operations fell to ₹1,392.48 lakh from ₹2,384.10 lakh in FY25, primarily driven by a decline in business activities. The board of directors approved the audited financial results for the quarter and year ended March 31, 2026, on May 30, 2026.

The standalone financial results for FY26 showed a net loss of ₹748.58 lakh, with revenue from operations dropping to ₹432.00 lakh from ₹2,265.94 lakh in the prior year. Total expenses for the standalone entity stood at ₹1,166.91 lakh, significantly higher than the revenue, leading to a loss before tax of ₹246.64 lakh. The company reported a basic and diluted earnings per share (EPS) of (₹6.74) for the year.

Consolidated Performance

On a consolidated basis, the company’s total income for FY26 was ₹1,883.21 lakh, a decrease from ₹2,497.56 lakh in FY25. Total expenses rose to ₹2,130.89 lakh from ₹2,852.68 lakh in the previous year. The profit before tax for the period was a loss of ₹247.68 lakh. The basic and diluted EPS for the consolidated results was (₹6.75).

Key Financial Metrics

Auditor's Observations

The statutory auditors, B. L. Dasharda & Associates, issued an unmodified opinion on the financial results. However, the auditor's report included an emphasis of matter regarding the company's 100% subsidiary, Shaan Agro Oils and Extraction Private Limited. The subsidiary reported a negative net worth of ₹537.87 lakh as of March 31, 2026. Consequently, the company did not make any provision for diminution in the value of investments amounting to ₹456.00 lakh or for loans outstanding from the subsidiary amounting to ₹150.91 lakh.

The trading window for the company's securities will open on June 02, 2026, following the closure of the trading window period in accordance with the Company's Code of Conduct for Prohibition of Insider Trading.