Shubhshree Biofuels confirms no promoter share encumbrance in FY26

1 min read     Updated on 23 May 2026, 06:22 PM
scanx
Reviewed by
Naman SScanX News Team
AI Summary

Shubhshree Biofuels Energy Limited disclosed to NSE Emerge that its promoters and promoter group did not encumber any shares during FY26. The declaration, dated April 4, 2026, was made by Promoter Sagar Agrawal under SEBI Takeover Regulations.

powered bylight_fuzz_icon
41086347

*this image is generated using AI for illustrative purposes only.

Shubhshree Biofuels Energy Limited has formally confirmed to the National Stock Exchange of India (NSE) Emerge that its promoters have not created any encumbrance on the company's shares during the financial year ended March 31, 2026. This disclosure was submitted in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

The declaration was made by Sagar Agrawal, a promoter of the company, on behalf of the promoter and promoter group. It explicitly states that neither the promoters nor any member of the promoter group, along with any persons acting in concert, has made any encumbrance, directly or indirectly, of shares in the target company during the specified period.

Regulatory Compliance

The communication serves as a formal confirmation required by the market regulator to ensure transparency regarding the holding status of key shareholders. By confirming the absence of encumbrances, the company provides assurance to the exchange and investors that the promoters' shareholding remains free from pledged or charged assets for the financial year in question.

Disclosure Details

Detail Information
Regulation Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011
Reporting Period Financial Year ended March 31, 2026
Disclosing Party Sagar Agrawal, Promoter
Date of Disclosure April 4, 2026
Recipient NSE Emerge, Listing and Compliance Department

The letter, signed and digitally verified by Sagar Agrawal, was dispatched from Jaipur on April 4, 2026. Copies of the disclosure have also been forwarded to the Audit Committee and the Company Secretary & Compliance Officer of Shubhshree Biofuels Energy Limited for their records.

Historical Stock Returns for Shubhshree Biofuels Energy

1 Day5 Days1 Month6 Months1 Year5 Years
+0.67%-0.66%-6.14%-24.99%-18.36%+52.18%

How might Shubhshree Biofuels Energy Limited's clean promoter shareholding record influence its ability to raise future capital or attract institutional investors on NSE Emerge?

What are the potential growth plans or expansion strategies that Shubhshree Biofuels Energy Limited may pursue given the financial stability signaled by unencumbered promoter shares?

How does the absence of promoter share pledging compare to industry peers in the biofuels sector, and what does this indicate about the company's competitive financial positioning?

Shubhshree Biofuels Energy
View Company Insights
View All News
like17
dislike

Shubhshree Biofuels files FY26 SDD compliance certificate

1 min read     Updated on 22 May 2026, 12:53 PM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

Shubhshree Biofuels Energy Ltd filed its SDD compliance certificate for FY26 with NSE Emerge. The audit confirmed 13 events were captured with no non-compliance observed.

powered bylight_fuzz_icon
40980213

*this image is generated using AI for illustrative purposes only.

Shubhshree Biofuels Energy Ltd has submitted its Structured Digital Database (SDD) compliance certificate for the financial year ended March 31, 2026, to the National Stock Exchange of India (NSE) Emerge. The filing was made in accordance with Regulations 3(5) and 3(6) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

The certification, provided by M/s V. M. & Associates, Practicing Company Secretaries, confirms that the company maintained a non-tamperable database capturing all Unpublished Price Sensitive Information (UPSI) during the period. The auditors verified that the company successfully captured all 13 required events for the financial year.

Compliance Status

The certificate confirms that the company's internal systems met all regulatory requirements regarding the maintenance of the digital database. The system includes controls over access and maintains a comprehensive audit trail for records.

Key Audit Findings

Parameter Status
Required Events Captured 13
UPSI Dissemination Captured Yes
Audit Trail Maintained Yes
Non-Tamperable Database Yes
Record Retention Capability 8 years

The report explicitly stated that there was no non-compliance observed during the previous financial year ended March 31, 2026. Consequently, no remedial actions were required to be taken by the company.

The compliance certificate was signed by CS Kamla Choudhary, Partner at V. M. & Associates, on May 20, 2026. The company's Chairman & Managing Director, Sagar Agrawal, submitted the document to the exchange on May 21, 2026.

Historical Stock Returns for Shubhshree Biofuels Energy

1 Day5 Days1 Month6 Months1 Year5 Years
+0.67%-0.66%-6.14%-24.99%-18.36%+52.18%

How might Shubhshree Biofuels Energy Ltd's consistent SEBI insider trading compliance record influence investor confidence and its valuation on NSE Emerge going forward?

As the company scales operations, what challenges could arise in maintaining a non-tamperable SDD system with an expanding number of UPSI events beyond the current 13?

Could Shubhshree Biofuels Energy Ltd's strong regulatory compliance positioning accelerate its potential graduation from NSE Emerge to the NSE main board?

Shubhshree Biofuels Energy
View Company Insights
View All News
like19
dislike
1 Year Returns:-18.36%