Akshar Spintex Limited Submits Q4 FY26 Compliance Certificate Under SEBI Depositories Regulations

1 min read     Updated on 08 Apr 2026, 09:43 AM
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Akshar Spintex Limited submitted its Q4 FY26 compliance certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The company's registrar, Big Share Services Private Limited, confirmed that the regulation is not applicable as all shares are held in demat form with no rematerialisation or dematerialization requests received during the quarter.

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Akshar spintex Limited has filed its quarterly compliance certificate with stock exchanges for the quarter ended March 31, 2026, in accordance with SEBI (Depositories and Participants) Regulations, 2018. The textile company submitted the mandatory documentation to both BSE and NSE on April 7, 2026.

Regulatory Compliance Filing

The company submitted its certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for Q4 FY26. This regulation requires listed companies to provide quarterly certificates regarding their share transfer and dematerialization activities through their registrar and transfer agents.

Filing Details: Information
Quarter Ended: March 31, 2026
Filing Date: April 7, 2026
Regulation: SEBI (Depositories and Participants) Regulations, 2018 - Section 74(5)
Registrar: Big Share Services Private Limited

Certificate Confirmation

Big Share Services Private Limited, serving as the company's registrar and share transfer agent, issued the compliance certificate dated March 31, 2026. The registrar confirmed that Regulation 74(5) is not applicable to Akshar Spintex Limited during the quarter ended March 31, 2026.

The non-applicability stems from two key factors:

  • The entire shareholding of the company is held in demat form
  • No requests for rematerialisation or dematerialization were received during the quarter from December 31, 2025 to March 31, 2026

Company Information

Akshar Spintex Limited operates from its registered office and factory located at Survey no.102/2, Plot no. 2, At-Haripar, Kalavad - Ranuja Road, Tal. Kalavad, Dist - Jamnagar, Gujarat. The company maintains an administrative office in Rajkot, Gujarat. The filing was signed by Harikrushna Chauhan, Chairman cum Wholetime Director of the company.

Registrar Details

Big Share Services Private Limited, a SEBI registered Category I Registrar & Transfer Agent, operates from Ahmedabad, Gujarat. The registrar's certificate references SEBI circulars and notifications dated January 25, 2019, and January 24, 2019, which provide guidelines for compliance under the depositories regulations.

Historical Stock Returns for Akshar Spintex

1 Day5 Days1 Month6 Months1 Year5 Years
+2.08%-2.00%+25.64%-19.67%-20.97%-92.22%

What factors might drive shareholders to request rematerialization of their demat shares in future quarters?

How could upcoming SEBI regulatory changes impact Akshar Spintex's compliance requirements for FY27?

Will Akshar Spintex's complete dematerialization status provide any competitive advantages in capital market transactions?

Akshar Spintex Limited Appoints Two New Directors Through Postal Ballot Process

1 min read     Updated on 21 Feb 2026, 08:14 PM
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Akshar Spintex Limited appointed two new directors through postal ballot concluded on February 18, 2026. Mr. Bhavin Jayantibhai Kothiya was appointed as Non-Executive Independent Director (5-year term: November 2025-November 2030) and Mr. Harry Paghdar as Executive Director (5-year term: February 2026-February 2031). Results were declared on February 20, 2026, with both resolutions passed with requisite majority, strengthening the board with industry-relevant expertise.

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Akshar spintex Limited has successfully completed the appointment of two new directors through a postal ballot process, with results declared on February 20, 2026. The company announced these appointments in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015 and pursuant to SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Director Appointments Overview

The postal ballot process, which concluded on February 18, 2026, resulted in the appointment of two directors with distinct roles and expertise areas. Both resolutions were passed with the requisite majority through remote e-voting.

Position Director Name DIN Term Period
Non-Executive Independent Director Mr. Bhavin Jayantibhai Kothiya 11379649 November 24, 2025 to November 23, 2030
Executive Director Mr. Harry Paghdar 11096100 February 18, 2026 to February 17, 2031

Professional Background and Expertise

Mr. Bhavin Jayantibhai Kothiya - Non-Executive Independent Director

Mr. Kothiya brings specialized experience from the pharmaceutical sector with over 4 years of experience as a Quality Inspector. He holds a B.Sc degree and demonstrates expertise in quality assessment, market dynamics understanding, and supply chain coordination. His technical proficiency includes using technology to streamline processes and support decision-making across various operational areas.

Mr. Harry Paghdar - Executive Director

Mr. Paghdar, aged 28 years, is a B.Tech Engineering graduate with over 5 years of hands-on experience specifically in the cotton industry. His expertise encompasses production operations, quality control, process optimization, and machinery maintenance within textile and cotton processing environments. He has demonstrated skills in managing end-to-end operations, improving productivity, and ensuring compliance with industry standards.

Relationship Disclosures and Compliance

The company has provided comprehensive relationship disclosures as required under regulatory guidelines:

Director Relationship Status
Mr. Bhavin Jayantibhai Kothiya No relationships with other directors, managers, or key managerial personnel
Mr. Harry Paghdar Related to Executive Director Mrs. Ilaben D. Paghdar; no other relationships

Both directors have been confirmed as not being debarred from holding director positions by virtue of any SEBI order or other regulatory authority. The appointments align with the company's strategic focus on strengthening its board composition with professionals having relevant industry experience and technical expertise in textile and cotton processing operations.

Historical Stock Returns for Akshar Spintex

1 Day5 Days1 Month6 Months1 Year5 Years
+2.08%-2.00%+25.64%-19.67%-20.97%-92.22%

More News on Akshar Spintex

1 Year Returns:-20.97%