Copy of declaration received under Regulation 31(4) of SEBI (SAST) Regulation, 2011 from Promoter & Promoter Group that they do not made any encumbrance on shares of the company during ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Bai-Kakaji Polymers Ltd has submitted its annual promoter disclosure for the financial year ended March 31, 2026. The filing confirms that promoters and persons acting in concert (PACs) have not created, invoked, or released any encumbrance on their shares during FY 2025-26. The promoter group collectively holds approximately 73.05% of the company, with three major stakeholders (Balkishan P. Mundada, Harikishan P. Mundada, and Akash B. Mundada) each holding around 24.51%, totalling about 73.53% among them. The disclosure is signed by Balkishan Pandurangji Mundada as the lead promoter.
This is a positive signal for investors as it confirms promoters have not pledged or encumbered their shares, reducing risk of forced selling. The high promoter holding of ~73% provides stability, and no encumbrance suggests promoters remain confident in the company's prospects without needing to monetise their holdings.