Aritas Vinyl Ltd has successfully completed its Solar Power Project, utilizing funds raised through its initial public offering (IPO) for capital expenditure. The project fulfills one of the stated objects outlined in the company's prospectus. This development is part of the company's broader strategy to enhance operational efficiency and sustainability.

The disclosure was made to the BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the funds allocated for the Solar Power Project have been fully utilized as per the objectives set out in the issue document.

As part of its commitment to transparency and good corporate governance, Aritas Vinyl Ltd has provided photographic evidence of the completed installation to the stock exchange and stakeholders. The images depict the solar panel arrays and associated electrical control infrastructure.

Project Details

The Solar Power Project represents a significant step in the company's capital expenditure plans. The completion of this initiative is expected to contribute to the company's energy requirements while aligning with its stated objectives from the IPO prospectus.

Key Information

The Managing Director, Anilkumar Prakashchandra Agrawal, signed the disclosure submitted to the exchange on June 30, 2026.

Aritas Vinyl Limited has confirmed full compliance with the Structured Digital Database (SDD) requirements for the financial year ended March 31, 2026, as per the SEBI (Prohibition of Insider Trading) Regulations, 2015. The certification, submitted on May 27, 2026, verifies that the company maintained a non-tamperable database to record Unpublished Price Sensitive Information (UPSI). This adherence ensures proper monitoring of insider trading risks and data integrity for the period.

The compliance certificate, issued by Practicing Company Secretary Rohit Periwal of Rohit Periwal & Associates, confirms that the company successfully implemented the SDD. The system includes controls over access rights and maintains an audit trail for all entries. The database is designed to preserve records for a minimum of eight years, meeting regulatory standards for data retention and security.

During FY26, Aritas Vinyl was required to capture one event within the database, and it successfully recorded the specified event. The certification explicitly states that no non-compliance was observed during the financial year. Consequently, no remedial actions were necessary to address any gaps in the maintenance or operation of the digital database.

The filing references BSE Circular Ref. No. 20241018-44 dated October 18, 2024, outlining the Standard Operating Procedure for the SDD. As the company's equity shares are listed on the SME Platform of BSE Limited, the provisions of Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 do not apply. The submission was made by Dharmik Prakashbhai Radadiya, Company Secretary & Compliance Officer.

Key Compliance Details