Top Stocks
Fetching live market data...
Fingo
Corporates

Elecon Engineering Confirms No Encumbrance on EIMCO Elecon Stake in FY2026

2 min read
Ravi S Chakraborty
27 May 2026 at 5:50 pm
2 min read

Elecon Engineering Company Limited has submitted a disclosure to BSE and the National Stock Exchange of India confirming that it did not encumber any of its shareholding in EIMCO Elecon (India) Limited during the financial year ended March 31, 2026. The filing was made under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and was addressed to the listing departments of both exchanges in Mumbai.

Elecon, along with persons acting in concert, serves as a promoter in EIMCO Elecon (India) Limited. Elecon holds 9,58,426 equity shares in the target company, which amounts to 16.62 per cent of EIMCO Elecon's total paid-up equity capital. The shares are held in the promoter category.

The disclosure confirms that no encumbrance was created on the promoter-held shares, either directly or indirectly, during the financial year ended March 31, 2026. The filing was submitted to the exchanges on April 7, 2026. The scrip code on BSE is 505700 and the trading symbol on the National Stock Exchange of India is ELECON.

The certificate was signed by Bharti Isarani, Company Secretary and Compliance Officer of Elecon Engineering Company Limited. The disclosure was dated April 7, 2026 and issued from Vallabh Vidyanagar, Gujarat. A copy of the disclosure was forwarded to the Audit Committee of EIMCO Elecon (India) Limited at its registered office on Anand-Sojitra Road in Vallabh Vidyanagar.

The announcement was made available on the stock exchange platforms on May 27, 2026.

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.

Public Tags