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  3. Lehar Footwears Limited Announces Promoter Group Changes and DP ID Modification
ipo services in India
India IPO
  • 19 Mar 2026
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 Lehar Footwears Limited Announces Promoter Group Changes and DP ID Modification

Lehar Footwears Limited has notified BSE about changes affecting two promoter group HUFs under SEBI LODR Regulations. The company reported a DP ID change for Ramesh Chand Agarwal (HUF) from IN302700 to IN301485 due to branch merger, and announced new Karta appointments with Mr. Naresh Kumar Agarwal and Mr. Raj Kumar Agarwal taking leadership roles for their respective HUFs. Both entities hold 1,40,000 equity shares each (0.79% stake), with no impact on overall promoter group shareholding.

Lehar Footwears Limited Announces Promoter Group Changes and DP ID Modification

Lehar Footwears Limited has notified BSE Limited about important changes affecting its promoter group shareholders under SEBI LODR Regulations 2015. The communication, dated March 19, 2026, outlines modifications involving two Hindu Undivided Families (HUFs) that are part of the company's promoter group.

Depository Participant ID Modification

The company reported a change in the Depository Participant ID for Ramesh Chand Agarwal (HUF). The modification involves a transition from the previous DP ID IN302700 to the new DP ID IN301485. This change occurred due to the merger of the Jaipur branch of KIFS Trade Capital Private Limited with its Ahmedabad branch.

Parameter: Details Previous DP ID: IN302700 New DP ID: IN301485 Reason: Branch merger of KIFS Trade Capital Private Limited Affected Entity: Ramesh Chand Agarwal (HUF)

Leadership Transitions in Promoter Group HUFs

The company announced significant leadership changes affecting both promoter group HUFs. Following the passing of the previous Kartas, new appointments have been made to ensure continuity of operations.

For Ramesh Chand Agarwal (HUF), Mr. Naresh Kumar Agarwal has been designated as the new Karta, succeeding the late Mr. Ramesh Chand Agrawal. Similarly, for Mohan Lal Agarwal (HUF), Mr. Raj Kumar Agarwal has been appointed as the new Karta following the demise of the previous Karta.

Shareholding Details

Both affected HUFs maintain identical shareholding positions in the company. The changes do not impact the overall promoter group shareholding structure.

Entity: Shareholding Percentage Ramesh Chand Agarwal (HUF): 1,40,000 equity shares 0.79% Mohan Lal Agarwal (HUF): 1,40,000 equity shares 0.79% Total Combined: 2,80,000 equity shares 1.58%

Regulatory Compliance

The notification was submitted in accordance with the applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Ritika Poddar signed the communication, emphasizing that these changes do not result in any modification to the total shareholding of the promoter group in the company.

The company has requested BSE Limited to take these changes on record, ensuring full transparency and regulatory compliance in reporting promoter group modifications.

Lehar Footwears Limited has announced a board meeting to review its quarterly financial performance, marking an important milestone in the company's regulatory compliance and investor communication process.

Board Meeting Details

The company has scheduled a board of directors meeting for Friday, February 13, 2026, as communicated to BSE Limited on February 5, 2026. The meeting has been convened in accordance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Parameter: Details Meeting Date: February 13, 2026 Notification Date: February 5, 2026 Primary Agenda: Q3FY26 Unaudited Financial Results Reporting Period: Quarter and Nine Months ended December 31, 2025 Scrip Code: 532829

Key Agenda Items

The board meeting will address several critical business matters:

Consideration and approval of unaudited financial results for the quarter ended December 31, 2025

Review of nine months financial performance ended December 31, 2025

Other matters as per the meeting agenda

Trading Window Restrictions

Lehar Footwears Limited has implemented trading window restrictions to ensure compliance with insider trading regulations. The trading window for the company's equity shares closed on January 1, 2026, and will remain closed until 48 hours after the declaration of financial results.

Corporate Governance

The meeting notification was signed by Ritika Poddar, Company Secretary and Compliance Officer (ACS No. A65615), demonstrating the company's commitment to proper corporate governance and regulatory compliance. The company maintains its registered office at A-243(A), Road No. 6, V.K.I. Area, Jaipur-302013, Rajasthan, and operates under CIN No. L15209RJ1994PLC008196.

The scheduled board meeting represents a routine but essential aspect of the company's quarterly reporting cycle, ensuring transparency and regulatory adherence in its financial disclosures to stakeholders and the broader market.

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