Sudarshan Chemical promoter group holds 8.19% stake, confirms no encumbrance in FY26
Sudarshan Chemical Industries disclosed that its promoter group did not encumber any shares during the financial year ended March 31, 2026. The group collectively holds 64,40,604 shares, representing an 8.19% stake in the company. Rajesh Balkrishna Rathi holds the largest individual stake within the group at 5.15%.

*this image is generated using AI for illustrative purposes only.
Sudarshan Chemical Industries confirmed that its promoter group did not encumber any shares during the financial year ended March 31, 2026. The disclosure, submitted to BSE and NSE, confirms compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The promoter group collectively holds a 8.19% stake in the company, amounting to 64,40,604 shares.
Rajesh Balkrishna Rathi, Chairman and Managing Director, stated that neither the promoter group nor any persons acting in concert created any direct or indirect encumbrance on shares during FY26. The filing provides a detailed breakdown of the shareholding held by the group as of March 31, 2026.
The largest individual shareholder within the promoter group is Rajesh Balkrishna Rathi, holding 40,50,359 shares, which translates to a 5.15% stake. The Sow Rachna Rathi Family Trust holds 12,08,250 shares, accounting for 1.54% of the equity. Other significant holdings include Manan Ajay Rathi with 5,27,900 shares (0.67%) and Balkrishna Rathi Finance Private Limited with 4,62,550 shares (0.59%).
Several members of the promoter group reported nil shareholding as of the specified date. This includes Ajay Balkrishna Rathi, Ajoy Balkrishna Rathi (HUF), Nisha Ajay Rathi, Kusum Balkrishna Rathi, and Balkrishna Jagannath Rathi (HUF). The Shri Balkrishna Rathi Family Trust also reported no shareholding.
The following table details the shareholding pattern of the promoter group:
| Sr. No. | Name of the Member of the Promoter Group | Number of shares held | Percentage of shareholding |
|---|---|---|---|
| 1. | Ajay Balkrishna Rathi | Nil | Nil |
| 2. | Ajoy Balkrishna Rathi (HUF) | Nil | Nil |
| 3. | Manan Ajay Rathi | 5,27,900 | 0.67 |
| 4. | Nisha Ajay Rathi | Nil | Nil |
| 5. | Rajesh Balkrishna Rathi | 40,50,359 | 5.15 |
| 6. | Rajesh Balkrishna Rathi (HUF) | 1,77,425 | 0.23 |
| 7. | Rachna Rajesh Rathi | 14,120 | 0.02 |
| 8. | Kusum Balkrishna Rathi | Nil | Nil |
| 9. | Balkrishna Jagannath Rathi (HUF) | Nil | Nil |
| 10. | Smriti Rajesh Rathi | Nil | Nil |
| 11. | Tanvi Rajesh Rathi | Nil | Nil |
| 12. | Meena Sudhir Maheshwari | Nil | Nil |
| 13. | Balkrishna Rathi Finance Private Limited | 4,62,550 | 0.59 |
| 14. | Sow Rachna Rathi Family Trust | 12,08,250 | 1.54 |
| 15. | Shri Balkrishna Rathi Family Trust | Nil | Nil |
| TOTAL | 64,40,604 | 8.19 |
Historical Stock Returns for Sudarshan Chemical Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.88% | +14.03% | +21.54% | +12.34% | -15.36% | +36.96% |
Does the absence of share encumbrance signal potential plans by the promoter group to increase their stake in the near future?
How might this clean shareholding structure impact Sudarshan Chemical's ability to raise capital or secure corporate loans?
What are the strategic growth priorities for the company given the promoter group's stable financial position?






























