Vardhman Holdings declares no encumbrance on promoter shares for FY26

1 min read     Updated on 20 May 2026, 05:32 AM
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Suketu GScanX News Team
AI Summary

Vardhman Holdings Limited declared no encumbrance on promoter shares for FY 2025-26 under SEBI regulations. The list of 18 promoters and persons acting in concert was disclosed as of March 31, 2026.

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Vardhman Holdings Limited has communicated to the National Stock Exchange of India Limited that its promoters have not encumbered their shares during the financial year 2025-26. The disclosure, submitted on April 3, 2026, adheres to the requirements of Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company confirmed that neither the promoters nor persons acting in concert have created any direct or indirect encumbrance on the shares held by them in the specified period.

The declaration was formally signed by S.P. Oswal on behalf of the entity. It explicitly covers the timeframe of the financial year 2025-26, providing assurance to the exchange regarding the status of the promoter holdings. The communication included an annexure listing the specific individuals and entities classified as promoters and persons acting in concert as of March 31, 2026.

Promoters and Persons Acting in Concert

The list of promoters and persons acting in concert associated with vardhman holdings includes several key individuals and corporate entities. The roster comprises 18 entries in total, detailing the stakeholders who are subject to this regulatory declaration.

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 MAHAVIR SPINNING MILLS PRIVATE LIMITED
8 RAMANIYA FINANCE AND INVESTMENT COMPANY LIMITED
9 DEVAKAR INVESTMENT AND TRADING COMPANY PRIVATE LIMITED
10 SANTON FINANCE AND INVESTMENT COMPANY LIMITED
11 FLAMINGO FINANCE AND INVESTMENT COMPANY LIMITED
12 ADISHWAR ENTERPRISES LLP
13 AMBER SYNDICATE
14 PARAS SYNDICATE
15 NORTHERN TRADING COMPANY
16 EASTERN TRADING COMPANY
17 SP OSWAL TRUST (SHRI PAUL OSWAL, TRUSTEE)
18 MRS. SHAKUN OSWAL TRUST (SHRI PAUL OSWAL, TRUSTEE)

The submission serves as a formal compliance update, ensuring that the exchange is informed about the standing of the promoter shareholding structure. The document was addressed to the Listing Department of the exchange and included the requisite annexure.

Historical Stock Returns for Vardhman Holdings

1 Day5 Days1 Month6 Months1 Year5 Years
-1.20%-2.74%+0.31%-9.61%-15.79%+32.76%

How might Vardhman Holdings' clean promoter encumbrance record influence institutional investor confidence and potential inflow of foreign portfolio investments in the upcoming quarters?

Given the complex web of 18 promoter entities and individuals, how could any future restructuring or consolidation within the Oswal family's holding companies impact the overall promoter shareholding pattern?

Could the consistent absence of share encumbrances by Vardhman Holdings' promoters signal potential plans for organic expansion or strategic acquisitions funded through alternative financing routes?

Vardhman Holdings Dematerializes 94 Equity Shares During March 2026

1 min read     Updated on 08 Apr 2026, 07:43 PM
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Radhika SScanX News Team
AI Summary

Vardhman Holdings Limited reported the dematerialization of 94 equity shares during March 2026, providing comprehensive details of the process to stock exchanges. The shares were processed through both CDSL (30 shares) and NSDL (64 shares) across multiple dates, with proper verification and cancellation of physical certificates as required under SEBI regulations.

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Vardhman Holdings Limited has submitted detailed information regarding the dematerialization of 94 equity shares during March 2026, fulfilling mandatory regulatory requirements under SEBI regulations. The company filed comprehensive documentation with stock exchanges on April 8, 2026, providing specific details of the dematerialization process.

Regulatory Filing Details

The company submitted its certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. Company Secretary Sandeep filed the documentation with both BSE Limited and National Stock Exchange of India Limited, ensuring compliance with depositories regulations.

Filing Parameters: Details
Reference Number: VHL:SCY:APR: 2026-27
Filing Date: April 8, 2026
Dematerialization Period: March 2026
Total Shares Processed: 94 equity shares
Regulation: SEBI Regulation 74(5)

Depository-wise Share Distribution

The dematerialization process was conducted through both major depositories in India. The shares were processed across multiple dates during March 2026, with proper verification of share certificates and distinctive numbers.

CDSL Dematerialization

CDSL Processing: Details
Total Shares: 30 shares
Certificate Number: 00008499
Distinctive Numbers: 000158835 to 000158864
Processing Date: March 10, 2026

NSDL Dematerialization

NSDL Processing: Details
Total Shares: 64 shares
Processing Dates: March 9, 10, and 12, 2026
Certificate Numbers: 00005378, 00001861, 00001862, 00002929
Batch Distribution: 30 + 16 + 18 shares

Certificate Processing Confirmation

The company certified that all 94 equity shares have been properly dematerialized after due verification of share certificates, including distinctive numbers and certificate numbers. Following dematerialization, the physical share certificates have been cancelled and substituted with the depository name as the registered owner in the company's records.

Stock Exchange Communication

The compliance documentation was submitted to both BSE Limited (Scrip Code: 500439) and National Stock Exchange of India Limited (Scrip Code: VHL). This filing ensures transparency in the dematerialization process and maintains regulatory compliance for shareholder protection under SEBI guidelines.

Historical Stock Returns for Vardhman Holdings

1 Day5 Days1 Month6 Months1 Year5 Years
-1.20%-2.74%+0.31%-9.61%-15.79%+32.76%

What factors might be driving shareholders to convert their physical shares to demat form at this stage?

How could this dematerialization activity impact Vardhman Holdings' trading liquidity and market accessibility?

Will the company implement any initiatives to encourage remaining physical shareholders to dematerialize their holdings?

More News on Vardhman Holdings

1 Year Returns:-15.79%