Adjia Technologies Limited Files Annual SEBI SAST Disclosure for FY26

1 min read     Updated on 03 Apr 2026, 04:24 PM
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AI Summary

Adjia Technologies Limited filed its annual SEBI SAST disclosure for FY26 ended March 31, 2026, confirming promoter Roshan Kumar Shri Tulsiram Rawal holds 574000 shares (65.2% stake) with no new encumbrances created during the year. The filing was submitted by Managing Director Roshan Kumar Rawal to BSE on April 3, 2026, ensuring compliance with substantial acquisition regulations.

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Adjia technologies Limited has filed its annual disclosure under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations for the financial year ended March 31, 2026. The disclosure was submitted to the Bombay Stock Exchange on April 3, 2026, in compliance with regulations 31(4) and 31(5) of the SAST Regulations.

Filing Details and Compliance

The disclosure was submitted by Roshan Kumar Rawal, Managing Director (DIN: 08658054), on behalf of the promoter and promoter group. The filing confirms compliance with SEBI's substantial acquisition regulations, which require annual disclosures from promoters and promoter groups regarding their shareholding and any encumbrances.

Promoter Shareholding Structure

The annual disclosure reveals the current shareholding pattern of the promoter group:

Parameter: Details
Promoter Name: Roshan Kumar Shri Tulsiram Rawal
Category: Promoter
Shares Held: 574000 fully paid-up equity shares
Shareholding Percentage: 65.2% of total share capital
Encumbered Shares: None

Encumbrance Declaration

A key aspect of the filing is the confirmation that no new encumbrances were created during FY26. Roshan Kumar Rawal, representing the promoter and promoter group, declared that no encumbrances were created on the company's shares, either directly or indirectly, other than those already disclosed during the financial year ending March 31, 2026.

Regulatory Framework

The SEBI SAST Regulations require promoters and persons acting in concert to make annual disclosures about their shareholding and any pledging or encumbrance of shares. These regulations are designed to ensure transparency in substantial acquisitions and provide investors with crucial information about promoter commitments and potential risks to their shareholding.

Corporate Governance

The timely filing of this annual disclosure demonstrates Adjia Technologies Limited's commitment to regulatory compliance and corporate governance standards. The disclosure was digitally signed and submitted from Ahmedabad, maintaining proper documentation and authentication procedures as required by regulatory authorities.

Historical Stock Returns for Adjia Technologies

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Will Adjia Technologies consider diluting the promoter's 65.2% stake through equity fundraising or strategic partnerships in the coming year?

How might the company's strong promoter control with zero encumbrances impact its ability to secure debt financing for future expansion plans?

What strategic initiatives is Adjia Technologies planning that could affect the current shareholding structure in FY27?

Adjia Technologies Appoints New Statutory Auditor After Fee Dispute Resignation

2 min read     Updated on 31 Mar 2026, 06:09 AM
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AI Summary

Adjia Technologies Limited has successfully appointed M/s Shubham D Jain & Co., Chartered Accountants from Indore, as their new statutory auditor for FY 2025-26 following a board meeting on March 30, 2026. This appointment addresses the casual vacancy created by the resignation of previous auditor M/s Piyush Kothari & Associates over audit fee disagreements. The new auditor firm specializes in IPO advisory services and will serve until the next AGM subject to shareholder approval.

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Adjia Technologies Limited has announced significant changes to its statutory auditor position following a board meeting held on March 30, 2026. The company has appointed M/s Shubham D Jain & Co., Chartered Accountants, as the new statutory auditor after the resignation of the previous auditor firm over fee disagreements.

Previous Auditor Resignation

The company's former statutory auditor, M/s Piyush Kothari & Associates, Chartered Accountants, resigned effective March 30, 2026, citing disagreement over audit fees as the primary and sole reason for their departure. Both the company and the auditor confirmed that there were no other material reasons for the resignation.

Parameter: Details
Previous Auditor: M/s Piyush Kothari & Associates
Resignation Date: March 30, 2026
Reason: Disagreement over audit fees
Original Appointment: September 3, 2021
Scheduled Term Expiry: March 31, 2026

Board Meeting and New Appointment

The Board of Directors convened on March 30, 2026, at the company's registered office from 05:30 P.M. to 06:10 P.M. to address the casual vacancy created by the auditor resignation. The board considered and approved the appointment of M/s Shubham D Jain & Co., Chartered Accountants, Indore, as the new statutory auditor.

New Auditor Details: Information
Firm Name: M/s Shubham D Jain & Co.
Location: Indore
Registration Number: 034807C
Appointment Date: March 30, 2026
Term: FY 2025-26 (casual vacancy)
Tenure: Until ensuing AGM subject to shareholder approval

New Auditor Profile

M/s Shubham D Jain & Co., Chartered Accountants, is a proprietorship firm that specializes in IPO advisory and consultancy services. The firm's expertise includes preparation and review of restated financial statements, financial due diligence, and support in pre-IPO fundraising and listing of SME companies. Additionally, they offer services in statutory audit, stock audit, bank audit, direct tax assessment and appeals, corporate and project finance, RERA consultancy, and company law matters.

Regulatory Compliance

The company has fulfilled all regulatory requirements under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Managing Director and CFO Roshan Kumar Rawal signed the regulatory filing on behalf of the company, ensuring compliance with Schedule III of the Listing Regulations and SEBI Circular requirements.

Transition Confirmations

Both the outgoing and incoming auditor arrangements have been properly documented. The previous auditor firm confirmed no objection to the appointment of the replacement auditor, and there were no pending audit issues or disagreements with management beyond the fee dispute. The company has requested the Board of Directors to file necessary forms with the Registrar of Companies as required under the Companies Act, 2013.

Historical Stock Returns for Adjia Technologies

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Will the new auditor's specialization in IPO advisory services signal Adjia Technologies' plans for public listing or capital raising activities?

How might the auditor fee disagreement impact Adjia Technologies' audit costs and financial reporting expenses going forward?

What factors will shareholders consider when voting on the permanent appointment of M/s Shubham D Jain & Co. at the upcoming AGM?

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