Shri Hare-Krishna Sponge Iron confirms no encumbrance on promoter shares in FY26
Shri Hare-Krishna Sponge Iron Limited disclosed that its promoters and promoter group have not created any encumbrance on shares during FY25-26. The filing was submitted to the National Stock Exchange under SEBI regulations. The declaration covers all entities acting in concert with the promoters.
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Shri Hare-Krishna Sponge Iron Limited has confirmed that its promoters and promoter group did not create any encumbrance on their shares during FY25-26. The disclosure, submitted to the National Stock Exchange of India Limited, was made in compliance with Regulation 31(4) and (5) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The declaration covers shares held directly or indirectly by the promoters, persons acting in concert, and the promoter group.
Manish Parasrampur, a promoter of the company, signed the disclosure on April 07, 2026. The filing explicitly states that no shares were encumbered throughout the financial year. This regulatory update provides transparency regarding the financial standing of the company's key stakeholders.
The filing included a comprehensive list of the promoter and promoter group entities. The list categorizes members into individual promoters and corporate entities within the promoter group.
Promoter and Promoter Group Details
| S.No. | Name | Category |
|---|---|---|
| 1 | Manoj Parasrampur | Promoter |
| 2 | Manish Parasrampur | Promoter |
| 3 | Anubhav Parasrampur | Promoter |
| 4 | Anita Tradelinks Private Limited | Promoter |
| 5 | Buxom Trexim Private Limited | Promoter |
| 6 | Manoj Parasrampur HUF | Promoter Group |
| 7 | Manish Parasrampur HUF | Promoter Group |
| 8 | S S Parasrampur HUF | Promoter Group |
| 9 | Anita Parasrampur | Promoter Group |
| 10 | Shweta Parasrampur | Promoter Group |
| 11 | Sheetal Singhania | Promoter Group |
| 12 | Krishna Devi Parasrampur | Promoter Group |
| 13 | ARP Complex Privare Limited | Promoter Group |
| 14 | Indo Chains (Raipur) Private Limited | Promoter Group |
| 15 | Abhishek Parasrampur | Promoter Group |
| 16 | Anushka Parasrampur | Promoter Group |
| 17 | Kamal Kumar Agarwal | Promoter Group |
| 18 | Manju Devi Agarwal | Promoter Group |
| 19 | Amit Agarwal | Promoter Group |
| 20 | Anil Kumar Agarwal | Promoter Group |
| 21 | Manoj Diwan | Promoter Group |
| 22 | Shalini Garodia | Promoter Group |
| 23 | Ragini Agarwal | Promoter Group |
| 24 | Akshat Parasrampur (Minor) | Promoter Group |
| 25 | Indo Chains | Promoter Group |
| 26 | C.G. Sponge Manufacturers Consortium Coal Fields LLP | Promoter Group |
| 27 | Annapurna Traders | Promoter Group |
| 28 | Giriraj Agarwala Agencies | Promoter Group |
| 29 | Mahanadi Clearing House | Promoter Group |
| 30 | Dhanaawat Distributor | Promoter Group |
| 31 | Shree Mahabir Corporation | Promoter Group |
| 32 | Shree Ganpati Dall Mill | Promoter Group |
| 33 | Mahabir Traders Kolkata | Promoter Group |
| 34 | Shubhangi Jalan | Promoter Group |
| 35 | Sajan Shyamlal Jalan | Promoter Group |
| 36 | Sapna Jalan | Promoter Group |
| 37 | Shubham Jalan | Promoter Group |
| 38 | Sajankumar Jalan HUF | Promoter Group |
| 39 | Shubhangi Fashion LLP | Promoter Group |
The document was addressed to the National Stock Exchange and copied to the company's Company Secretary & Compliance Officer and the Audit Committee for information and necessary action.
Historical Stock Returns for Shri Hare-Krishna Sponge Iron
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | -13.44% | -11.63% | -36.67% | -41.13% | -41.13% |
Does the lack of share encumbrance indicate the promoters are planning to maintain their current stake levels in the near future?
How might this clean financial position of the promoters influence institutional investor confidence in the company?
Are there any upcoming capital requirements or expansion plans that might necessitate leveraging these unencumbered shares?
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