Synergy Green confirms no promoter shares pledged in FY26

Synergy Green Industries Limited confirmed that its promoters did not encumber or pledge any shares during the financial year ended March 31, 2026. The disclosure, submitted to the stock exchanges, confirms that the total number of shares encumbered by promoters as of the year-end date was nil. This compliance filing was made under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The filing was signed by Sachin R. Shirgaokar, a Promoter of the company, on behalf of himself and other promoters. It explicitly states that no encumbrance was made directly or indirectly on the shares held by the promoters during FY26. The document serves as a yearly confirmation required by the market regulator.

The total promoter and promoter group holding stands at 1,08,02,255 shares. S B Reshellers Private Limited holds the largest stake among promoters with 54,09,964 shares. Other significant individual shareholders include Radhika Sanjeev Shirgaokar and Vendavagali Srinivasa Reddy.

The following table details the shareholding of the promoters and promoter group as disclosed in the filing:

Sl.No.	Name of Shareholder	Category	No. of Shares held
1	S B Reshellers Private Limited	Promoters	54,09,964
2	Radhika Sanjeev Shirgaokar	Promoters	15,30,860
3	Vendavagali Srinivasa Reddy	Promoters	13,94,100
4	Sachin Rajendra Shirgaokar	Promoters	7,80,386
5	D M Shirgaokar Enterprises Llp	Promoter Group	2,20,953
6	Shishir Suresh Shirgaokar	Promoters	2,04,560
7	Sohan Sanjeev Shirgaokar	Promoters	1,83,162
8	V S Shirgaokar Enterprises Llp	Promoter Group	1,61,466
9	Asha Anant Huilgol	Promoters	1,39,326
10	Shirgaokar Prafulla Vinayak	Promoters	1,33,895
11	Suresh Shirgaokar Enterprises Llp	Promoters	1,24,417
12	Tarini Sanat Shirgaokar	Promoters	82,000
13	Laxmi Sachin Shirgaokar	Promoters	64,625
14	Chandan Sanjeev Shirgaokar	Promoters	59,850
15	Prafulla Shirgaokar Enterprises Llp	Promoter Group	43,100
16	Namita Sandeep Huilgol	Promoters	37,910
17	Shirgaokar Smita Prafulla	Promoters	32,230
18	Jeevan Vasant Shirgaonkar	Promoters	32,212
19	Priya Sachin Shirgaokar	Promoters	23,550
20	Shreya Sachin Shirgaokar	Promoters	23,550
21	Geetali Chandan Shirgaonkar	Promoters	23,210
22	Rajeev Vijay Dalvi	Promoter Group	20,000
23	Prabhakar Shirgaokar Enterprises Llp	Promoter Group	13,037
24	Vendavagali Manasa Reddy	Promoter Group	10,330
25	Vendvagali Manjeera Reddy	Promoters	10,000
26	Niraj Shishir Shirgaokar	Promoters	6,339
27	S S Shirgaonkar Enterprises Llp	Promoter Group	5,925
28	Rishabh Sanat Shirgaokar	Promoters	4,950
29	Harshada Avinash Shirgaokar	Promoters	4,400
30	Santosh Avinash Shirgaokar	Promoters	4,400
31	Sanyam Jeevan Shirgaonkar	Promoters	4,400
32	Aniket Jeevan Shirgaokar	Promoters	4,000
33	Rajendra Vinayak Shirgaokar	Promoters	3,550
34	Kuberi Reddy V	Promoters	2,750
35	Shraddha Dinkar Shirgaokar	Promoters	2,000
36	Sandhya Ashok Kumar Gupta	Promoters	820
37	Shishir Shirgaokar Enterprises Llp	Promoter Group	28
Total			1,08,02,255

The disclosure was addressed to The BSE Limited and National Stock Exchange of India Ltd. by Nilesh M. Mankar, Company Secretary & Compliance Officer of Synergy Green Industries Limited. The filing was dated April 07, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-3.14%	+5.43%	+0.49%	+0.16%	+5.40%	+225.35%

Solidarity Advisors Private Limited has increased its shareholding in Synergy Green Industries Ltd to 10.01% through a series of open market transactions. The acquisition, which involved the purchase of 3,29,227 equity shares, raised the acquirer's stake by 2.12%. The transactions were executed between February 17, 2026, and May 29, 2026, across the National Stock Exchange (NSE) and BSE.

The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to the acquisition, Solidarity Advisors, along with persons acting in concert, held 12,26,346 shares, accounting for 7.89% of the total voting capital. The acquirer clarified that it does not belong to the promoter or promoter group of the target company.

Acquisition Details

The table below outlines the change in shareholding and the total equity capital of Synergy Green Industries Ltd:

Parameter	Number of Shares	% of Total Share Capital
Holding before acquisition	12,26,346	7.89%
Shares acquired	3,29,227	2.12%
Holding after acquisition	15,55,573	10.01%
Total equity shares of TC	1,55,43,000	100.00%

The total equity share capital of Synergy Green Industries Ltd consists of 1,55,43,000 equity shares with a face value of INR 10, totaling INR 15,54,30,000. This figure remained unchanged before and after the acquisition. The acquirer reported no encumbrance on the shares held before or after the transaction.

Regulatory Compliance

Solidarity Advisors Private Limited acted in its capacity as the Investment Manager of an Alternative Investment Fund (AIF), utilizing its SEBI-registered Portfolio Management Services (PMS) license. The disclosure was submitted to the NSE and BSE within the stipulated timeframe prescribed by the SEBI (SAST) Regulations, 2011. The filing was signed by Ms Naarah Myron Pereira, Head of Compliance, on June 1, 2026.