Carborundum Universal Limited confirmed that its promoters and promoter group members did not create any new encumbrance on their shareholdings during the financial year 2025-26, other than those already disclosed. The disclosure was submitted to the exchanges by Ambadi Investments Limited, a promoter entity, under Regulation 31(4) and 31(5)(a) of the SEBI Takeover Regulations.
Ambadi Investments Limited filed the quarterly compliance statement with both BSE and NSE on 7 April 2026. The filing confirms that no fresh pledge, lien, or other encumbrance was created on shares held by any of the 199 promoters and promoter group entities during the period.
The disclosure was simultaneously provided to the audit committee of Carborundum Universal in compliance with Regulation 31(5)(b) of the takeover code. The list of promoters includes individuals such as M A M Arunachalam, Arun Alagappan, M A Alagappan, and M M Murugappan, along with corporate entities including E I D Parry India Ltd, Coromandel International Ltd, Ambadi Investments Ltd, and Cholamandalam Financial Holdings Ltd.
The promoter group spans a network of domestic and international subsidiaries across the US, Europe, Africa, Australia, China, and other regions, including CUMI America Inc, Rhodi us Abrasives GmbH, Foskor Zirconia Pty Ltd South Africa, and Coromandel Brasil Ltda. The list includes trusts, HUFs, LLPs, and private limited companies within the broader group structure.
The filing was made under Regulation 31(4) of the SEBI Takeover Regulations, which mandates quarterly disclosure of promoter encumbrances. The confirmation of no new encumbrances during FY26 provides an update on the promoter shareholding status of Carborundum Universal.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.