Stallion India Fluorochemicals Ltd disclosed that its promoters and promoter group did not create any encumbrance, directly or indirectly, on their shareholdings during the financial year 2025-26. The declaration was submitted to the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The filing confirms that individuals and entities within the promoter and promoter group maintained their holdings without pledging or creating charges throughout the year ended March 31, 2026. The disclosure was signed by Shazad Sheriar Rustomji, a promoter of the company.

Regulatory Filing Details

The communication was addressed to the listing departments of both exchanges and included the company's identification details. The submission was made by Govind Rao, the Company Secretary & Compliance Officer.

The company, formerly known as Stallion India Fluorochemicals Private Limited, operates from its registered office at 2, A-Wing, Knox Plaza, Off Link Road, MindSpace, Malad (W), Mumbai.

Stallion India Fluorochemicals Limited received shareholder approval to vary the terms of objects of the issue regarding IPO proceeds. The special resolution was passed with an overwhelming majority, as detailed in the scrutinizer's report submitted on June 03, 2026. This decision allows the company to modify the utilization of funds raised through its initial public offering.

The postal ballot and e-voting process, managed by the National Securities Depository Limited (NSDL), was conducted under Section 110 of the Companies Act, 2013. Heena Agrawal, a Practicing Company Secretary, served as the scrutinizer for the process. The voting period commenced on May 01, 2026, and concluded on May 30, 2026, with the record date set as April 24, 2026. A total of 66,507 shareholders were registered on the record date.

The resolution regarding the variation in terms of objects of the issue received 73,568,176 votes in favour, representing 99.99% of the total valid votes cast. Only 8,331 votes were cast against the resolution, accounting for 0.01% of the total. There were no invalid votes recorded during the process. The total number of votes cast stood at 73,576,507.

Voting Breakdown

The voting participation varied across different shareholder categories. Promoters and the promoter group cast 55,484,258 votes, all in favour of the resolution. Public institutions cast 2,906,684 votes, while public non-institutions accounted for 15,185,565 votes in favour.

The scrutinizer confirmed that the resolution passed with the requisite majority as per the provisions of the Companies Act, 2013. The results were unblocked on June 02, 2026, in the presence of witnesses not employed by the company.