Uravi Defence reports no new share encumbrances in FY26

1 min read     Updated on 22 May 2026, 08:34 AM
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Uravi Defence and Technology Limited disclosed that no new encumbrances were made on promoter shares during FY26, complying with SEBI regulations. The total promoter shareholding is 6,178,160 shares, with 444,400 shares encumbered by Priyanka Aggarwal.

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Uravi Defence and Technology Limited has informed the stock exchanges that its promoters have not created any fresh encumbrances on shares during the financial year ended March 31, 2026. The disclosure was submitted by Kaushik Damji Gada, a promoter of the company, on behalf of all promoters, the promoter group, and persons acting in concert. The filing was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The company stated that aside from encumbrances already disclosed during the financial year 2025-26, no additional charges have been created directly or indirectly on the shares of the company. The declaration aims to provide transparency regarding the holding status of the company's key stakeholders.

Shareholding Details

The filing included a comprehensive list of 33 promoters and persons acting in concert, along with their respective shareholding numbers. The total number of shares held by this group amounts to 6,178,160. The data provides a breakdown of individual holdings and the specific number of shares that are currently encumbered.

Sr. No. Name of Promoter / PAC No. of Shares No. of Shares Encumbered
1. Niraj Damji Gada 1855380 NIL
2. Kaushik Damji Gada 84480 NIL
3. Brijesh Aggarwal 109160 NIL
4. Gada Niraj Damji HUF 120020 NIL
5. Damji Manek Gada 720020 NIL
6. Rachana Niraj Gada 440020 NIL
7. Harsha Kaushik Gada 260020 NIL
8. Dina Damji Gada 340020 NIL
9. Priyanka Aggarwal 444420 444400
10. Viney Corporation Limited 1622060 NIL
Total 6178160 444400

Encumbrance Status

According to the annexure, the majority of the promoters and persons acting in concert hold their shares without any encumbrance. However, Priyanka Aggarwal has reported 444,400 shares as encumbered out of her total holding of 444,420 shares. The total encumbered shares across the entire promoter group stand at 444,400. The remaining entities listed in the disclosure have nil encumbrances against their names.

Historical Stock Returns for Uravi Defence and Technology

1 Day5 Days1 Month6 Months1 Year5 Years
-0.02%-5.08%-19.23%-40.21%-78.28%-57.75%

Will Priyanka Aggarwal release the encumbrance on her 444,400 shares in the upcoming financial year, and what conditions or loan repayments might trigger such a release?

How might the existing encumbrance on promoter shares impact Uravi Defence and Technology Limited's ability to raise fresh capital or pursue strategic partnerships in the defence sector?

Given the concentrated promoter holding structure, what are the potential implications for minority shareholders if encumbered shares are invoked by lenders in a distressed scenario?

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Uravi Defence and Technology Limited Reports Q3FY26 Consolidated Results with Mixed Operational Performance

3 min read     Updated on 14 Apr 2026, 11:50 AM
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Uravi Defence and Technology Limited announced Q3FY26 consolidated financial results showing mixed performance with total income growth of 0.94% to ₹1,048.49 lakhs but declining net profit to ₹15.61 lakhs from ₹71.13 lakhs in the previous year. The company fulfilled regulatory obligations by publishing results in newspapers and submitting compliance documentation to stock exchanges on April 14, 2026.

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Uravi Defence and Technology Limited announced its unaudited consolidated financial results for the quarter ended December 31, 2025, following board approval at a meeting held on April 11, 2026. The company, which operates in automotive components and defence equipment manufacturing, reported results that highlight both operational challenges and strategic restructuring benefits.

Board Meeting and Regulatory Compliance

The Board of Directors meeting commenced at 3:50 PM and concluded at 4:20 PM on April 11, 2026, where they considered and approved the unaudited consolidated financial results for the quarter and nine months ended December 31, 2025. The results were prepared in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details: Information
Meeting Date: April 11, 2026
Meeting Duration: 3:50 PM to 4:20 PM
Regulatory Framework: SEBI Regulation 33
Auditor: Viren Gandhi & Co, Chartered Accountants

Financial Performance Overview

The company's financial performance for Q3FY26 showed marginal growth in total income alongside operational pressures. Key financial metrics demonstrate the impact of ongoing business transitions and market conditions on the company's performance.

Metric: Q3FY26 Q3FY25 Change
Total Income: ₹1,048.49 lakhs ₹1,038.74 lakhs +0.94%
Income from Operations: ₹1,020.09 lakhs ₹1,002.08 lakhs +1.80%
Other Income: ₹28.40 lakhs ₹36.66 lakhs -22.53%
Total Expenses: ₹1,039.20 lakhs ₹1,002.41 lakhs +3.67%

Operational Results and Profitability

The company's operational performance revealed significant challenges in its continuing operations, while discontinued operations provided substantial support to overall profitability. The results reflect the company's strategic focus on core business segments.

Performance Indicator: Q3FY26 Q3FY25 Nine Months FY26 Nine Months FY25
Profit from Continuing Operations: ₹-0.85 lakhs ₹27.50 lakhs ₹52.70 lakhs ₹102.61 lakhs
Profit from Discontinued Operations: ₹16.45 lakhs ₹43.63 lakhs ₹11.21 lakhs ₹47.69 lakhs
Net Profit: ₹15.61 lakhs ₹71.13 lakhs ₹63.91 lakhs ₹150.30 lakhs

Newspaper Publication and Regulatory Submission

Following the board meeting approval, the company fulfilled its regulatory obligations by submitting newspaper publication details to both stock exchanges on April 14, 2026. The submission was made pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

Publication Details: Information
Submission Date: April 14, 2026
English Publication: Business Standard
Regional Publication: Navakal (Marathi)
Authorized Signatory: Kaushik Damji Gada, Whole-time Director & CFO
Digital Signature Time: 11:23:14 +05'30'

Auditor's Limited Review and Compliance

Viren Gandhi & Co, Chartered Accountants, conducted a limited review of the consolidated financial results in accordance with Standard on Review Engagements (SRE) 2410. The review covered the holding company and its subsidiaries, including SKL India Private Limited (classified as held for sale) and Bharat Technology Limited.

Entity: Nature of Relationship Review Status
Uravi Defence and Technology Limited: Holding Company Reviewed
SKL India Private Limited: Subsidiary (Held for Sale) Other Auditor
Bharat Technology Limited: Subsidiary Certified Results

Business Restructuring and Strategic Developments

The company continued its strategic restructuring during the quarter, with significant developments in its investment portfolio and business focus. The results reflect the impact of these strategic decisions on overall performance.

Key strategic developments included:

  • Classification of SKL India Private Limited operations as discontinued operations
  • Receipt of advance amount of ₹1,125.20 lakhs for the proposed sale of 50.01% shares in SKL India
  • Lapse of 11,00,000 share warrants amounting to ₹907.50 lakhs, credited directly to retained earnings
  • Recognition of fair value adjustments related to discontinued operations

Earnings Per Share and Capital Structure

The company's earnings per share reflected the mixed operational performance, with basic EPS showing negative results for continuing operations offset by gains from discontinued operations.

EPS Metrics: Q3FY26 Q3FY25
Basic EPS: ₹-0.05 ₹0.65
Diluted EPS: ₹-0.05 ₹0.63
Paid-up Equity Share Capital: ₹1,140.00 lakhs ₹1,100.00 lakhs

The results demonstrate Uravi Defence and Technology Limited's ongoing transformation as it focuses on strengthening its core automotive and defence operations while managing the transition from divested business units.

Historical Stock Returns for Uravi Defence and Technology

1 Day5 Days1 Month6 Months1 Year5 Years
-0.02%-5.08%-19.23%-40.21%-78.28%-57.75%

What impact will the completion of SKL India's divestiture have on Uravi's future revenue and profitability once the ₹1,125.20 lakhs transaction is finalized?

How does Uravi plan to address the declining profitability in its continuing operations, particularly in the automotive and defence segments?

Will the company pursue additional acquisitions or partnerships in the defence sector to strengthen its market position following the business restructuring?

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