Spunweb Nonwoven Promoters Declare Nil Share Encumbrance for Financial Year 2025-26

2 min read     Updated on 09 May 2026, 01:31 PM
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Spunweb Nonwoven Limited submitted its annual disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, to the National Stock Exchange of India Limited on April 4, 2026. The promoters and promoter group, comprising 28 individuals and entities, declared that no encumbrance was created, directly or indirectly, on any shares during the financial year 2025-26. The filing was made by Company Secretary and Compliance Officer Romit Shah, with the promoter declaration signed by Kishan Kagathara on behalf of all promoters of the Gujarat-based company.

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Spunweb Nonwoven Limited filed its annual disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, with the National Stock Exchange of India Limited on April 4, 2026. The filing confirms that the company's promoters and promoter group made no encumbrance, directly or indirectly, on any shares at any time during the financial year 2025-26. The submission was made by Company Secretary and Compliance Officer Romit Shah, and the declaration was signed by promoter Kishan Kagathara on behalf of all promoters.

Nil Encumbrance Declaration

In accordance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, the promoters and promoter group of Spunweb Nonwoven Limited formally declared that no encumbrance was created on any shares held by them during the financial year ended March 31, 2026. This declaration covers all individuals and entities belonging to the promoter and promoter group as listed in the accompanying Annexure-A.

Promoter and Promoter Group Composition

The disclosure identifies a total of 28 individuals and entities forming the promoter and promoter group of Spunweb Nonwoven Limited. The following table presents the complete list as submitted:

Sr. No.: Name Category
1 Kishan Dilipbhai Kagathara Promoter
2 Jay Dilipbhai Kagathara Promoter
3 Dilipbhai Hansrajbhai Kagathara Promoter Group
4 Prabhaben Dilipbhai Kagathara Promoter Group
5 Charulata Jay Kagathara Promoter Group
6 Bediya Jinal Mansukhbhai Promoter Group
7 Kriva Jay Kagathara Promoter Group
8 Jagdish Narbheram Bhut Promoter Group
9 Ranjanben Jagdishbhai Bhut Promoter Group
10 Janakkumar Jagdish Bhut Promoter Group
11 Mansukhbhai Mohanbhai Bediya Promoter Group
12 Vinaben Mansukhbhai Bediya Promoter Group
13 Jenish Mansukhbhai Bediya Promoter Group
14 Bediya Mansukhbhai Mohanbhai HUF Promoter Group
15 Bhut Jagdishbhai Narbherambhai HUF Promoter Group
16 Kagathara Dilipbhai Hanshrajhai HUF Promoter Group
17 Spunweb Protective Fabrics Private Limited Promoter Group
18 Essence Buildware Private Limited Promoter Group
19 Ezy Fintech Solution Private Limited Promoter Group
20 Greevos Bio Pack LLP Promoter Group
21 Silver Foundry LLP Promoter Group
22 Versil Pumps LLP Promoter Group
23 Madhav Die Cast LLP Promoter Group
24 Cigate Consumer Private Limited Promoter Group
25 Plynova Paper Products LLP Promoter Group
26 Ajanta Packaging Promoter Group
27 Versil Industries Promoter Group
28 Smt. Prabhaben Dilipbhai Kagathara Charitable Trust, Rajkot Promoter Group

Filing Details

The disclosure was submitted to the Listing Department of the National Stock Exchange of India Limited on April 4, 2026. Romit Shah, serving as Company Secretary and Compliance Officer, signed and submitted the filing on behalf of Spunweb Nonwoven Limited. The declaration on behalf of all promoters was made by Kishan Kagathara. The company is registered in Gujarat with CIN L17291GJ2015PLC084107, formerly known as Spunweb Nonwoven Private Limited.

Historical Stock Returns for Spunweb Nonwoven

1 Day5 Days1 Month6 Months1 Year5 Years
-2.38%+0.04%+13.16%-15.43%-22.42%-22.42%

How has Spunweb Nonwoven Limited's promoter shareholding pattern evolved over the past three fiscal years, and are there any signs of potential stake dilution or acquisition activity ahead?

Given the diverse promoter group spanning multiple industries including fintech, bio-packaging, and die casting, what strategic synergies or cross-business risks could impact Spunweb Nonwoven's future corporate governance?

With no encumbrances declared for FY2025-26, could the promoters be positioning for a debt-free capital raise or institutional investor entry in the near term?

1 Year Returns:-22.42%