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  3. Vidya Wires Limited Promoter Group Declares No Share Encumbrances for FY 2025-2026
ipo services in India
India IPO
  • 01 May 2026
  • X
 Vidya Wires Limited Promoter Group Declares No Share Encumbrances for FY 2025-2026

Vidya Wires Limited's promoter group, holding 15,48,49,000 equity shares (72.80% ownership), has declared no encumbrances on their shareholdings for Financial Year 2025-2026. The declaration, submitted by Shyamsundar Rathi on behalf of 31 promoter group entities, was made in compliance with SEBI Takeover Regulations and communicated to BSE, NSE, and the company's audit committee on April 03, 2026.

Vidya Wires Limited Promoter Group Declares No Share Encumbrances for FY 2025-2026

Vidya wires Limited's promoter group has formally declared that no encumbrances were created on their shareholdings during the Financial Year 2025-2026. The declaration was submitted to stock exchanges on April 03, 2026, in compliance with regulatory requirements under SEBI's takeover regulations.

Promoter Group Holdings and Declaration

Shyamsundar Rathi, representing the promoter group, submitted the declaration on behalf of all promoters and promoter group entities. The group collectively holds significant stake in the company as detailed below:

Parameter: Details Total Shares Held: 15,48,49,000 equity shares Ownership Percentage: 72.80% Declaration Period: Financial Year 2025-2026 Encumbrances Created: None

The declaration was made pursuant to Regulation 31(4) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which mandates such disclosures from promoter groups.

Regulatory Compliance and Communication

The formal communication was addressed to multiple entities to ensure comprehensive compliance:

BSE Limited (Script Code: 544633)

National Stock Exchange of India Limited (Trading Symbol: VIDYAWIRES)

Audit Committee of Vidya Wires Limited

The declaration was digitally signed by Shyamsundar Rathi on April 03, 2026, at 11:19:11 +05'30', confirming the authenticity of the submission.

Comprehensive Promoter Group Structure

The declaration covers an extensive network of 31 entities within the promoter group, including individual promoters, Hindu Undivided Families (HUFs), and corporate entities. The promoter group structure encompasses:

Individual Promoters: Including Shailesh Rathi, Shyamsundar Rathi, and Shilpa Rathi

Family Members: Various family members across the Rathi, Somani, Chandak, and other related families

HUFs: Multiple Hindu Undivided Families including Shyamsunder Rathi HUF, Krishna Kumar Bang HUF, and others

Corporate Entities: Companies such as Bang Polyweave Private Limited, Somani Energy Private Limited, and Bhagwat Wire Industries

Proprietorship Firms: Including Neev Reality and Somani Enterprises

Significance of No-Encumbrance Declaration

This declaration provides transparency to shareholders and the market regarding the promoter group's shareholding status. The absence of any encumbrances on the promoter holdings during FY 2025-2026 indicates that the shares were not pledged, mortgaged, or otherwise encumbered as security for any financial obligations. Such declarations are crucial for maintaining investor confidence and ensuring regulatory compliance in the Indian capital markets.

Vidya Wires Limited, a manufacturer of winding and conductivity products, announced strong consolidated sales performance for the fourth quarter and full financial year ended March 31, 2026. The company reported significant growth across both quarterly and annual metrics, with the quarter marked by the successful commencement of commercial production at its wholly-owned subsidiary.

Quarterly Sales Performance

The company delivered impressive quarterly results with consolidated sales reaching ₹597.9 crore for Q4FY26. This represents a substantial year-on-year growth of 57.5% compared to ₹379.6 crore recorded in Q4FY25. The strong quarterly performance reflects the company's expanding operational capacity and market reach.

Performance Metric: Q4FY26 Q4FY25 Growth (%) Consolidated Sales: ₹597.9 crore ₹379.6 crore +57.5%

Annual Sales Achievement

For the complete financial year FY26, Vidya Wires Limited achieved consolidated sales of ₹1,834.7 crore, demonstrating a year-on-year growth of 24.4% from ₹1,474.3 crore in FY25. This annual performance showcases the company's consistent growth trajectory and strengthening market position in the winding and conductivity products sector.

Annual Performance: FY26 FY25 Growth (%) Consolidated Sales: ₹1,834.7 crore ₹1,474.3 crore +24.4%

Operational Milestone

The fourth quarter was particularly significant for the company as it marked the successful commencement of commercial production at ALCU Industries Private Limited, the company's wholly-owned subsidiary. This operational expansion represents a strategic milestone that contributed to the strong quarterly performance and positions the company for continued growth.

Regulatory Compliance

The sales figures were announced in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company noted that the information pertaining to Q4FY26 and FY26 is provisional and subject to review by the company's statutory auditor. Vidya Wires Limited operates manufacturing facilities in Vallabh Vidyanagar, Gujarat, specializing in insulated copper conductors and winding products.

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