Titagarh Rail board to meet on May 30 to consider FY26 results

Titagarh Rail Systems Limited has announced that its board of directors will meet on Saturday, May 30, 2026. The meeting has been convened in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Agenda for the Meeting

The board is scheduled to deliberate on key financial matters concerning the company's performance for the recent fiscal period. The primary focus will be on reviewing the company's financial statements for the period ending March 31, 2026.

Financial Results and Dividend

The directors will consider and approve the audited standalone and consolidated financial results of the company for both the quarter and the financial year ended on March 31, 2026. In addition to the results, the board will discuss the recommendation of a dividend, if any, to the equity shareholders of the company.

Trading Window Closure

In accordance with the company's Code of Conduct to Regulate, Monitor and Report Trading by Insiders, the trading window for designated persons has been closed since April 1, 2026. This restriction will remain in effect until 48 hours after the declaration of the financial results.

Key Details	Information
Meeting Date	May 30, 2026
Financial Period	Quarter and Year ended March 31, 2026
Agenda	Audited Financial Results, Dividend Recommendation
Trading Window Closure	From April 1, 2026, until 48 hours post-result declaration

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.75%	+14.55%	+11.97%	-0.09%	-6.98%	+1,445.99%

Titagarh Rail Systems has informed the stock exchanges that no new encumbrance has been created on the shares held by its promoter and promoter group during the financial year ended March 31, 2026. The disclosure was submitted in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company confirmed that while no fresh charges were established, a previously disclosed encumbrance continues to subsist.

The continuing encumbrance relates to a specific member of the promoter group. According to the details provided, Vinita Bajoria has an existing charge on 32,000 shares. This was the only encumbrance reported as outstanding at the end of the financial year. The filing was made on behalf of the promoter, promoter group, and persons acting in concert.

Promoter Shareholding Details

The disclosure also outlined the shareholding structure of the promoter and promoter group as of March 31, 2026. The combined holding of the promoter group accounts for a significant portion of the company's equity. The data indicates that the total promoter and promoter group holding aggregates to 40.46% of the paid-up share capital.

The following table details the shareholding of the promoter and promoter group:

Sl. No.	Name of Promoters	Entity type	No. of Shares	% of Shareholding
1	Rashmi Chowdhary	Promoter Group	1,01,22,630	7.52
2	Umesh Chowdhary	Promoter	77,530	0.06
3	Jagdish Prasad Chowdhary	Promoter	70,700	0.05
4	Vinita Bajoria	Promoter Group	32,051	0.02
5	Bimla Devi Kajariya	Promoter Group	2,000	0.00
6	Gaurav Kajariya	Promoter Group	0	0.00
7	Savitri Devi Chowdhary	Promoter	0	0.00
8	Sumita Kandoi	Promoter Group	0	0.00
9	Prithish Chowdhary	Promoter Group	0	0.00
10	Chowdhary Foundation Trust	Promoter	1,82,01,875	13.52
11	Titagarh Capital Management Services Private Limited	Promoter	2,40,71,588	17.87
12	Titagarh Logistics Infrastructures Private Limited	Promoter Group	19,08,487	1.42
13	Prithish Chowdhary Family Trust	Promoter Group	0	0.00
Total			54486861	40.46

Key Promoter Entities

Titagarh Capital Management Services Private Limited holds the largest stake among the promoters with 2,40,71,588 shares, translating to a 17.87% shareholding. The Chowdhary Foundation Trust follows with 1,82,01,875 shares, accounting for 13.52% of the equity. Rashmi Chowdhary holds 1,01,22,630 shares, representing a 7.52% stake in the company. The disclosure was signed by Prithish Chowdhary, Director of Titagarh Capital Management Services Private Limited, and Aditya Purohit, Company Secretary & Compliance Officer of Titagarh Rail Systems.