Shringar House confirms no encumbrance on promoter shares in FY26
Shringar House of Mangalsutra Ltd confirmed that no encumbrance was created on promoter shares during FY26. The disclosure was filed by Chairman Chetan Natvarlal Thadeshwar under SEBI regulations. A detailed list of promoter holdings was submitted to the exchanges.
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Shringar House of Mangalsutra Ltd confirmed that none of its promoters or members of the promoter group created any encumbrance on shares held directly or indirectly during the financial year ended March 31, 2026. The disclosure, submitted to the stock exchanges, ensures that the shareholding structure remains free of pledged assets for the period under review. This compliance filing provides shareholders with clarity regarding the financial standing of the company's key stakeholders.
Chairman and Managing Director Chetan Natvarlal Thadeshwar made the declaration on behalf of the promoters, promoter group, and persons acting in concert. The submission was made in accordance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The document was filed by Rachit Sanjaya Sinha, the Company Secretary and Compliance Officer.
The filing includes a detailed list of individuals and entities within the promoter group. The declaration covers all specified persons acting in concert with the promoters. The company requested the exchanges to place the information on record.
Promoter Shareholding Details
The disclosure outlines the shareholding pattern of the promoter group as of the specified date.
| Sr. No | Name(s) of the Promoter and Persons Acting in Concert (PAC) | Category | Number of Shares held | % of Holding of Shares in the Company |
|---|---|---|---|---|
| 1. | Chetan N Thadeshwar | Promoter | 40265600.00 | 41.76 |
| 2. | Mamta C Thadeshwar | Promoter | 20852000.00 | 21.62 |
| 3. | Viraj C Thadeshwar | Promoter | 5506040.00 | 5.71 |
| 4. | Balraj C Thadeshwar | Promoter | 5506040.00 | 5.71 |
| 5. | Nillu Viraj Thadeshwar | Promoter Group | 800.00 | 0.00 |
| 6. | Nikita Balraj Thadeshwar | Promoter Group | 800.00 | 0.00 |
Other entities listed in the promoter group, such as Pankaj Natwarlal Thadeshwar, Bharti Paresh Brahmhatt, and various HUFs and private limited companies, held 0.00 shares. The complete list of 32 names was attached as an annexure to the disclosure.
Historical Stock Returns for Shringar House of Mangalsutra
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.38% | +6.39% | +4.64% | -0.88% | +15.79% | +15.79% |
Does the company plan to utilize its unpledged promoter shares to secure future funding for expansion?
How might this clean shareholding structure influence institutional investor confidence in the upcoming fiscal year?
Are there any strategic acquisitions or capital expenditures planned that could alter this unencumbered status?
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