Borana Weaves Limited has submitted its quarterly compliance certificate to stock exchanges for the quarter ended March 31, 2026, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The textile company filed the mandatory certificate with both the National Stock Exchange of India Limited and BSE Limited on April 9, 2026.

Regulatory Compliance Details

The certificate was issued in compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. KFin Technologies Limited, serving as the company's Registrar and Share Transfer Agent, provided the confirmation certificate for the reporting quarter.

Certificate Confirmation

The registrar confirmed that no demat or remat requests were processed during the quarter ended March 31, 2026. This confirmation is a standard regulatory requirement that companies must fulfill quarterly to maintain compliance with SEBI depositories regulations.

Company Leadership and Filing

The submission was made by Ankur Mangilal Borana, Executive Director and Chief Executive Officer of Borana Weaves Limited, who digitally signed the filing documents. The certificate was filed from the company's location in Surat.

Registrar Information

KFin Technologies Limited, with its operations center in Hyderabad and registered office in Mumbai, continues to serve as the registrar and share transfer agent for Borana Weaves Limited. The certificate was signed by Dnyanesh Gharote, Vice President at KFin Technologies Limited, confirming the quarterly compliance status.

Borana Weaves has achieved significant operational milestones with the successful commissioning of a 3.545 MW rooftop solar power project and the full operationalization of 160 water jet looms at Unit 4B, marking substantial expansion in both renewable energy infrastructure and production capacity.

Solar Power Infrastructure Development

The company has successfully commissioned a 3.545 MW rooftop solar power project, representing a strategic move towards sustainable energy solutions and cost optimization. This solar installation is now operational across manufacturing units and is expected to significantly reduce reliance on conventional power sources while improving operating margins through lower power costs and greater energy cost stability.

Production Capacity Expansion

Borana Weaves has achieved full operationalization of all 160 high-speed water jet looms at Unit 4B. Previously, 64 looms had commenced production, and the remaining looms are now installed and operating at full capacity. This milestone marks a significant scale-up in production capabilities for synthetic greige fabric manufacturing.

Operational Impact and Strategic Benefits

The dual implementation of renewable energy infrastructure and expanded loom capacity positions the company for enhanced operational efficiency and improved cost competitiveness. According to Rajkumar Borana, Executive Director and Chief Financial Officer, these initiatives significantly strengthen integrated manufacturing capabilities while supporting margin expansion through optimized power costs and higher throughput capacity.

The expansion is expected to increase output capacity substantially, improve asset utilization, enable faster turnaround times, and support revenue growth through higher volumes. With the company now operating 1208 fully operational water jet looms across four manufacturing units, these developments reinforce Borana Weaves' commitment to sustainable and profitable growth in the synthetic greige fabric sector.