Tirupati Forge Promoters File Nil Encumbrance Disclosure Under SEBI SAST Regulations for FY26

1 min read     Updated on 08 May 2026, 09:34 AM
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Tirupati Forge Limited filed its annual disclosure under Regulation 31(4) of SEBI (SAST) Regulations, 2011, with the National Stock Exchange of India Limited on 3rd April, 2026. The filing confirms that the promoters and promoter group, comprising six individuals, have not created any encumbrance over their shareholding during the financial year ended 31st March, 2026. The declaration was submitted by Managing Director Hiteshkumar G. Thummar on behalf of all promoters and persons acting in concert.

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Tirupati Forge Limited has submitted its annual disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, to the National Stock Exchange of India Limited. The filing, dated 3rd April, 2026, confirms that the company's promoters and promoter group, along with persons acting in concert, have not created any encumbrance — directly or indirectly — over the shares held by them during the financial year ended 31st March, 2026.

Regulatory Filing Details

The disclosure was submitted to the Listing Department of the National Stock Exchange of India Limited and was signed on behalf of the company by Hiteshkumar G. Thummar, Managing Director (DIN: 02112952). The declaration reaffirms compliance with the annual encumbrance reporting requirement mandated under SEBI's takeover regulations.

Parameter: Details
Disclosure Type: Annual Disclosure under Regulation 31(4) of SEBI (SAST) Regulations, 2011
Financial Year: Ended 31st March, 2026
Filing Date: 3rd April, 2026
Filed With: National Stock Exchange of India Limited
Signed By: Hiteshkumar G. Thummar, Managing Director
Encumbrance Status: Nil

Promoter and Promoter Group Members

The declaration covers the following individuals identified as part of the promoter and promoter group of Tirupati Forge Limited:

Sr. No.: Name Category
1 Chetna Mukeshbhai Thumar Promoter Group
2 Bhargavi Manojbhai Thummar Promoter
3 Hiteshkumar Gordhanbhai Thummar Promoter
4 Jayaben Shivlal Thumar Promoter Group
5 Otamben Khodabhai Thumar Promoter Group
6 Darshna Hiteshbhai Thummar Promoter Group

Declaration Statement

In the declaration submitted to the exchange, the promoters and promoter group stated that no encumbrance has been made over the shares held by them, either directly or indirectly, during the financial year ended 31st March, 2026. The filing was made in accordance with the requirements of Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, as amended. The declaration was signed by Hiteshkumar Gordhanbhai Thummar on behalf of all promoters and persons acting in concert of Tirupati Forge Limited.

Could the nil encumbrance status signal promoters' confidence in Tirupati Forge's growth prospects, potentially leading to increased promoter shareholding in the near future?

How might Tirupati Forge's clean promoter holding structure influence institutional investor interest or foreign portfolio investment in the company?

Are there any planned capital raising activities or strategic acquisitions by Tirupati Forge that could alter the current promoter shareholding pattern going forward?