Sunlite Recycling Industries promoters confirm no share encumbrance in FY26
Sunlite Recycling Industries filed a disclosure with the NSE confirming that its promoters and persons acting in concert have not encumbered any shares during FY26, aside from previously disclosed amounts. The declaration, signed by Promoter Nitin Kumar Heda, lists 35 individuals and entities within the promoter group, including HUFs and corporate entities like Sunlite Aluminium Private Limited.

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Sunlite Recycling Industries disclosed that its promoters and persons acting in concert have not created any encumbrance, directly or indirectly, on the company's shares during the financial year 2025-26. The confirmation was submitted to the National Stock Exchange of India Limited on April 06, 2026, in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. This declaration assures stakeholders that the shareholding of the key stakeholders remains unpledged, other than encumbrances previously disclosed.
The filing was signed by Promoter Nitin Kumar Heda on behalf of the promoter group. The disclosure explicitly states that no new charges have been created over the shares beyond those already reported to the exchange during the specified financial year. This regulatory filing provides transparency regarding the financial commitments of the company's primary owners.
Promoter and PAC Details
The declaration encompasses a comprehensive list of 35 entities categorized as either Promoters or members of the Promoter Group. The list includes individuals and Hindu Undivided Families (HUFs) associated with the Heda family, as well as corporate entities such as Santram Metals and Alloys Limited and Sunlite Aluminium Private Limited.
The following table details the names and categories of the promoters and persons acting in concert who submitted the non-encumbrance declaration:
| Sr. no. | Name of Promoter/ Promoter Group/ Person acting in concern | Category |
|---|---|---|
| 1. | NITIN KUMAR HEDA | Promoter |
| 2. | PRAHLAD RAI RAMDAYAL HEDA | Promoter |
| 3. | KHUSHBOO MANISHKUMAR HEDA | Promoter |
| 4. | MANISH KUMAR HEDA | Promoter |
| 5. | KOMAL HEDA | Promoter Group |
| 6. | SHARDA KUMARI HEDA | Promoter Group |
| 7. | LAVISHKA | Promoter Group |
| 8. | JENISHA HEDA | Promoter Group |
| 9. | LADKUMARI PRAHLADRAI | Promoter Group |
| 10. | PANKAJBHAI HEDA | Promoter Group |
| 11. | AKSHAYBHAI HEDA | Promoter Group |
| 12. | HEDA PRAHLADRAI RAMDAYAL (HUF) - [PRAHLADRAI HEDA - KARTA] | Promoter Group |
| 13. | MANISHKUMAR AKSHAYKUMAR HEDA HUF- [MANISHKUMAR HEDA-KARTA] | Promoter Group |
| 14. | NITINKUMAR AKSHAYKUMAR HEDA HUF -[NITINKUMAR HEDA-(KARTA)] | Promoter Group |
| 15. | HEDA AKSHAYKUMAR RAMDAYAL HUF - [AKSHAYKUMAR -KARTA] | Promoter Group |
| 16. | CHAND MAL SOMANI | Promoter Group |
| 17. | RADHA DEVI SOMANI | Promoter Group |
| 18. | KALURAM RAMDAYAL HEDA | Promoter Group |
| 19. | RAJAT SOMANI | Promoter Group |
| 20. | MEENAKSHI ABHI SHAH | Promoter Group |
| 21. | ANURADHA SOMANI | Promoter Group |
| 22. | DIMPLE MANDOVARA HARISH | Promoter Group |
| 23. | SATISH KUMAR RAMNIVAS SHAH | Promoter Group |
| 24. | MANJULABEN SATISHBHAI SHAH | Promoter Group |
| 25. | PRATIK SHAH | Promoter Group |
| 26. | SHANTILAL GEHRILAL SHAH | Promoter Group |
| 27. | KAILASHCHANDRA G SHAH | Promoter Group |
| 28. | PINAL TOSHNIWAL | Promoter Group |
| 29. | MANJU DEVI | Promoter Group |
| 30. | NISHIT MANISHKUMAR HEDA | Promoter Group |
| 31. | KANCHANBEN SHAH | Promoter Group |
| 32. | HEDA SANGHATAN SEVA FOUNDATION | Promoter Group |
| 33. | SANTRAM METALS AND ALLOYS LIMITED | Promoter Group |
| 34. | SUNLITE ALUMINIUM PRIVATE LIMITED | Promoter Group |
| 35. | REENA HEDA | Promoter Group |
Historical Stock Returns for Sunlite Recycling Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.31% | +18.90% | +0.78% | +76.26% | +185.37% | +128.69% |
Will the unpledged status of the promoter shares encourage the company to pursue new capital raising or expansion initiatives in the coming year?
How might this declaration of financial stability influence institutional investor confidence and Sunlite Recycling's stock liquidity?
Are there any strategic mergers or acquisitions on the horizon that could be facilitated by the current clean shareholding structure?






























