Viaz Tyres Promoters Declare No Share Encumbrance for Financial Year Ended March 31, 2026

1 min read     Updated on 07 May 2026, 09:47 AM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

Viaz Tyres Limited's Managing Director and Promoter, Janakkumar Mahendrabhai Patel, filed an annual disclosure dated April 03, 2026, with the National Stock Exchange of India, confirming no encumbrance — direct or indirect — was created on the company's shares during the financial year ended 31st March, 2026. The declaration, made under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, covers all promoters, Promoter Group members, and Persons Acting in Concert (PACs). The digitally signed filing has been submitted for the exchange's records in compliance with regulatory requirements.

powered bylight_fuzz_icon
39673068

*this image is generated using AI for illustrative purposes only.

Viaz Tyres Limited has submitted a formal annual disclosure to the National Stock Exchange of India, confirming that no encumbrance was created on the company's shares during the financial year ended 31st March, 2026. The disclosure, dated April 03, 2026, was filed by Janakkumar Mahendrabhai Patel, Managing Director and Promoter of the company, in compliance with applicable SEBI regulations.

Regulatory Compliance Under SEBI Takeover Code

The disclosure has been made pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation mandates that promoters and members of the promoter group submit an annual declaration regarding any encumbrance on shares held in the listed company. The filing is addressed to the Manager, National Stock Exchange of India Ltd., at its office in the Bandra-Kurla Complex, Mumbai.

Key Details of the Disclosure

The following table summarises the key particulars of the annual disclosure:

Parameter: Details
Disclosure Date: April 03, 2026
Financial Year Covered: Year ended 31st March, 2026
Regulation: Regulation 31(4) & 31(5), SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Declarant: Janakkumar Mahendrabhai Patel
Designation: Managing Director & Promoter
DIN: 03329692
Exchange: National Stock Exchange of India Ltd.
Nature of Declaration: No encumbrance on shares, directly or indirectly

Scope of the Declaration

The declaration covers Janakkumar Mahendrabhai Patel along with other promoters, members of the Promoter Group, and Persons Acting in Concert (PACs) holding shares in Viaz Tyres Limited. The declaration explicitly confirms that no encumbrance — whether direct or indirect — was created on the company's shares during the financial year ended 31st March, 2026. The disclosure has been digitally signed by Janakkumar Mahendrabhai Patel, with the digital signature timestamped at 2026.04.03 16:05:59 +05'30'.

The company has requested the exchange to take the disclosure on record in accordance with applicable regulatory requirements.

Historical Stock Returns for Viaz Tyres

1 Day5 Days1 Month6 Months1 Year5 Years
+3.18%0.0%+6.48%-19.81%+19.94%-4.56%

How might Viaz Tyres' consistent unencumbered promoter shareholding influence institutional investor confidence and potential stake acquisition in the company going forward?

Could the clean encumbrance record strengthen Viaz Tyres' position when seeking future debt financing or strategic partnerships in the competitive tyre manufacturing sector?

What are the broader implications for Viaz Tyres' corporate governance ratings if promoters maintain unencumbered shareholding consistently over multiple financial years?

1 Year Returns:+19.94%