Transrail Lighting promoters confirm no encumbrance on shares in FY 2025-26
Ajanma Holdings Private Limited declared on behalf of Transrail Lighting's promoters that no encumbrance was created on shares during FY 2025-26. The disclosure, submitted to BSE and NSE, complies with SEBI takeover regulations. The filing listed 27 entities and individuals as part of the promoter and promoter group.

*this image is generated using AI for illustrative purposes only.
Ajanma Holdings Private Limited has confirmed that the promoters of transrail lighting did not create any encumbrance on their shares during the Financial Year 2025-26. The declaration, submitted on April 03, 2026, covers shares held directly or indirectly by the promoters, promoter group, and persons acting in concert. This disclosure is significant for shareholders as it indicates that the promoter group's shareholding remains free from pledges or other charges, ensuring stability in ownership structure.
The filing was made to BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 31(4) of the Securities Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The regulation requires periodic disclosures regarding any encumbrance on shares held by the promoter group to ensure transparency in the market.
Ajanma Holdings Private Limited, acting on behalf of the promoter group, provided a comprehensive list of entities and individuals included in the promoter and promoter group categories. The list, enclosed as Annexure I to the filing, names 27 stakeholders, ranging from individuals to corporate entities and foreign entities.
List of Promoters and Promoter Group
| Sr. No. | Name | Promoter & Promoter Group |
|---|---|---|
| 1. | Ajanma Holdings Private Limited | Promoter |
| 2. | Digambar Chunilal Bagde | Promoter |
| 3. | Sanjay Kumar Verma | Promoter |
| 4. | Sandhya Digambar Bagde | Promoter Group |
| 5. | Ruchi Digambar Bagde | Promoter Group |
| 6. | Meenakshi Koul | Promoter Group |
| 7. | Anika Verma | Promoter Group |
| 8. | Vardhan Verma | Promoter Group |
| 9. | Vijay Koul | Promoter Group |
| 10. | Chanderkala Koul | Promoter Group |
| 11. | Pradeep Kumar Verma | Promoter Group |
| 12. | Ravi Kaul | Promoter Group |
| 13. | The Fresyssinet Prestressed Concrete Company Limited | Promoter Group |
| 14. | Burberry Infra Private Limited | Promoter Group |
| 15. | RMH Ventures Private Limited | Promoter Group |
| 16. | Digambar Bagde Ventures LLP | Promoter Group |
| 17. | Skat Vyom Private Limited | Promoter Group |
| 18. | Vyom Vahini Private Limited | Promoter Group |
| 19. | Marine Project Services Limited | Promoter Group |
| 20. | Skytex Unmanned Aerial Solutions Private Limited | Promoter Group |
| 21. | K R Eduventure LLP | Promoter Group |
| 22. | Harsh Digambar Bagde | Promoter Group |
| 23. | Mona Shukla | Promoter Group |
| 24. | Global Axe Investment Fund* | Promoter Group |
| 25. | Verbo Global Trading FZCO* | Promoter Group |
| 26. | Karatin Trading FZC* | Promoter Group |
| 27. | Indo-Saudi Venture Co. Limited* | Promoter Group |
- Foreign entities
Historical Stock Returns for Transrail Lighting
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.27% | +8.83% | +0.88% | -11.39% | -19.23% | -8.28% |
How will the absence of share encumbrances impact Transrail Lighting's ability to secure future financing for expansion?
Does this clean ownership structure signal potential strategic acquisitions or mergers in the upcoming fiscal year?
How might market participants interpret this stability in promoter holdings regarding the company's long-term governance?

































