Vardhman Acrylics declares no encumbrance on promoter shares in FY26

Vardhman Acrylics Limited has submitted a declaration to the National Stock Exchange confirming that its promoters and persons acting in concert have not created any encumbrance on their shares during the financial year 2025-26. The disclosure was made in compliance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The company stated that neither the promoters nor those acting in concert with them have made any encumbrance, directly or indirectly, on the shares held by them during the specified period. The declaration was signed by S.P. Oswal on behalf of the organization.

Promoter Group Details

The disclosure included a detailed list of the promoters and persons acting in concert (PAC) as of March 31, 2026. The list comprises 21 entities and individuals associated with the company.

Sr. No.	Name(s) of the Promoters and Persons acting in Concert (PAC) with them
1	SHRI PAUL OSWAL
2	SHAKUN OSWAL
3	SACHIT JAIN
4	SUCHITA JAIN
5	SOUMYA JAIN
6	SAGRIKA VIR
7	DEVAKAR INVESTMENT AND TRADING COMPANY PRIVATE LIMITED
8	FLAMINGO FINANCE & INVESTMENT COMPANY LIMITED
9	RAMANIYA FINANCE & INVESTMENT COMPANY LIMITED
10	MAHAVIR SPINNING MILLS PRIVATE LIMITED
11	ADISHWAR ENTERPRISES LLP
12	VARDHMAN HOLDINGS LIMITED
13	VTL INVESTMENTS LIMITED
14	VARDHMAN TEXTILES LIMITED
15	SANTON FINANCE & INVESTMENT COMPANY LIMITED
16	PARAS SYNDICATE
17	AMBER SYNDICATE
18	EASTERN TRADING COMPANY
19	NORTHERN TRADING COMPANY
20	SP OSWAL TRUST (SHRI PAUL OSWAL, TRUSTEE)
21	MRS. SHAKUN OSWAL TRUST (SHRI PAUL OSWAL, TRUSTEE)

The filing was addressed to the Listing Department of the National Stock Exchange of India Limited, located in Bandra Kurla Complex, Mumbai.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.94%	-0.44%	+22.25%	+9.52%	-0.83%	+0.05%

Vardhman Acrylics has delivered a mixed performance in its third quarter results, showcasing strong profitability growth despite facing revenue challenges. The company demonstrated improved operational efficiency with significant bottom-line expansion while navigating a challenging revenue environment.

Financial Performance Overview

The company's Q3 financial metrics present a contrasting picture of growth and decline across key parameters:

Metric	Q3 Current Year	Q3 Previous Year	Change
Net Profit	₹74.00 million	₹40.00 million	+85.0%
Revenue	₹763.00 million	₹818.00 million	-6.7%

Profitability Surge

Vardhman Acrylics achieved remarkable profit growth during the quarter, with net profit jumping 85% year-on-year to ₹74.00 million compared to ₹40.00 million in the corresponding quarter of the previous year. This substantial increase of ₹34.00 million in absolute terms reflects the company's ability to enhance its profit margins and operational efficiency.

Revenue Challenges

Despite the strong profit performance, the company faced revenue headwinds during the quarter. Total revenue declined 6.7% year-on-year to ₹763.00 million from ₹818.00 million in Q3 of the previous year, representing a decrease of ₹55.00 million in absolute terms.

Operational Efficiency Gains

The divergent trends in revenue and profitability indicate that Vardhman Acrylics has successfully implemented cost optimization measures and improved its operational efficiency. The company's ability to deliver substantial profit growth while managing revenue decline demonstrates effective cost management and operational streamlining initiatives during the quarter.