Total Transport Systems promoters declare no encumbrance of shares in FY26
Total Transport Systems Limited disclosed that its promoters and promoter group did not encumber any shares during the financial year ended March 31, 2026. The declaration 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 and Takeovers) Regulations, 2011. The confirmation covers 26 entities, including individual promoters and promoter group members.

*this image is generated using AI for illustrative purposes only.
Total Transport Systems Limited has confirmed that its promoters and promoter group did not encumber any shares during the financial year ended March 31, 2026. The disclosure, submitted to the National Stock Exchange of India Limited on April 06, 2026, complies with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The declaration assures investors that there are no restrictions on the free and marketable title to shares held by the promoter group, which includes pledges, liens, or any other covenants.
The filing was made by Shrikant Damodar Nibandhe on behalf of all promoters and persons acting in concert. The confirmation encompasses 26 entities, comprising three individual promoters and 23 promoter group members or entities. The detailed list of promoters and promoter group members is provided in the annexure to the disclosure.
Promoter and Promoter Group Details
The following table outlines the status of share encumbrance for the promoters and promoter group members as of the financial year ended March 31, 2026:
| Sr. No. | Category | Name of Promoter | No. of Shares Encumbered |
|---|---|---|---|
| 1 | Promoter | Shrikant Damodar Nibandhe | - |
| 2 | Promoter | Sanjiv Arvind Potnis | - |
| 3 | Promoter | Pradhan Makarand Prabhakar | - |
| 4 | Promoter Group | Simran Sanjiv Potnis | - |
| 5 | Promoter Group | Nishad Ramesh Vaidya | - |
| 6 | Promoter Group | Simrit Kaur | - |
| 7 | Promoter Group | Sneha Shrikant Nibandhe | - |
| 8 | Promoter Group | Gurdeepak Kaur | - |
| 9 | Promoter Group | Vrinda Makarand Pradhan | - |
| 10 | Promoter Group | Jay Shrikant Nibandhe | - |
| 11 | Promoter Group | Gauri Shrikant Nibandhe | - |
| 12 | Promoter Group | Siddharth Sanjiv Potnis | - |
| 13 | Promoter Group | Abhijit Pradhan | - |
| 14 | Promoter Group | Aditya Pradhan | - |
| 15 | Promoter Group | Mrinalini Pradhan | - |
| 16 | Promoter Group | Prajakta Gupte | - |
| 17 | Promoter Group | Damodar Nibandhe | - |
| 18 | Promoter Group | Kavita Wagh | - |
| 19 | Promoter Group | Pallavi Bhure | - |
| 20 | Promoter Group | Rhuta Malekar | - |
| 21 | Promoter Group | Prerana Nibandhe | - |
| 22 | Promoter Group | Sanjana Potnis | - |
| 23 | Promoter Group | Govinder Singh | - |
| 24 | Promoter Group | Jag Software Solution Pvt Ltd | - |
| 25 | Promoter Group | WSA Shipping Bombay Private Limited | - |
| 26 | Promoter Group | Simran Siddharth Potnis | - |
The term "encumbrance" includes any restriction on the free and marketable title to shares, whether executed directly or indirectly, such as pledges, liens, negative liens, non-disposal undertakings, or any similar covenants. The Audit Committee of Total Transport Systems Limited has been marked as a copy to this disclosure.
Historical Stock Returns for Total Transport Systems
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.92% | -4.90% | -4.71% | -16.61% | -34.92% | +26.20% |
Will the zero-encumbrance status encourage promoters to increase their stake in the company through open market purchases?
How might this clean shareholding structure impact Total Transport Systems' ability to secure future corporate debt or financing?
Could this disclosure signal a strategic shift or preparation for mergers and acquisitions activity in the coming year?



























