Borosil Limited Files SEBI Compliance Certificate for Q4FY26 Quarter

1 min read     Updated on 02 Apr 2026, 09:42 PM
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Borosil Limited submitted its mandatory SEBI compliance certificate for Q4FY26 quarter ended March 31, 2026, confirming proper dematerialisation processes. The certificate, issued by registrar MUFG Intime India Pvt. Ltd., verifies that all securities received for dematerialisation were processed within prescribed timelines and regulatory requirements were met. This filing demonstrates the company's continued adherence to SEBI Depositories and Participants Regulations.

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Borosil Limited has filed its quarterly compliance certificate with stock exchanges for the quarter ended March 31, 2026, fulfilling mandatory regulatory requirements under SEBI Depositories and Participants Regulations.

Regulatory Compliance Filing

The company submitted the certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, on April 02, 2026. The filing was made to both BSE Limited and National Stock Exchange of India Limited, where the company's shares are listed.

Filing Details: Information
Regulation: SEBI Depositories and Participants Regulations 74(5)
Quarter Ended: March 31, 2026
Filing Date: April 02, 2026
Submitted By: Bhaunik Shah, Interim Company Secretary

Certificate Confirmation

MUFG Intime India Private Limited, formerly Link Intime India Private Limited, serving as the company's Registrar to an Issue and Share Transfer Agent, issued the compliance certificate dated April 01, 2026. The certificate confirms that all securities received from depository participants for dematerialisation during the quarter were properly processed according to regulatory requirements.

Dematerialisation Process Compliance

The registrar confirmed several key compliance aspects in their certificate:

  • Securities received for dematerialisation were confirmed to depositories within prescribed timelines
  • All security certificates were properly mutilated and cancelled after verification
  • Depository names were substituted in the register of members as registered owners
  • Securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
Process Verification: Status
Securities Confirmation: Completed within timelines
Certificate Verification: Mutilated and cancelled
Register Updates: Depository names substituted
Exchange Listing: Maintained on existing exchanges

Corporate Information

Borosil Limited operates with CIN L36100MH2010PLC292722 and maintains its registered and corporate office at Bandra Kurla Complex, Mumbai. The company's shares trade on BSE with scrip code 543212 and on NSE with symbol BOROLTD. This quarterly compliance certificate represents standard regulatory adherence required for all listed companies regarding depository operations and securities management.

Historical Stock Returns for Borosil

1 Day5 Days1 Month6 Months1 Year5 Years
+4.59%+13.86%+11.15%-27.64%-21.75%+66.84%

What factors led to the appointment of an interim Company Secretary, and when might Borosil announce a permanent replacement?

How might the recent transition from Link Intime to MUFG Intime India impact Borosil's future investor servicing operations?

What are the expected financial results and business performance indicators for Borosil's Q4 FY2026 earnings announcement?

Borosil Promoter Shreevar Kheruka Acquires 85,443 Equity Shares Through Open Market Purchase

2 min read     Updated on 01 Apr 2026, 04:03 PM
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Shreevar Kheruka, Promoter and Vice Chairman, Managing Director & CEO of Borosil Limited, acquired 85,443 equity shares through open market purchases between March 9-23, 2026. The acquisition increased the promoter group's combined holding from 64.62% to 64.69% of total share capital. Kheruka's personal stake rose from 1.63% to 1.70%, while other promoter group members maintained their existing holdings unchanged.

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Borosil Limited has received a disclosure from its Promoter and Vice Chairman, Managing Director & CEO Shreevar Kheruka regarding the acquisition of 85,443 equity shares through open market purchases. The transaction was conducted between March 9, 2026 and March 23, 2026, as per the formal disclosure submitted under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Share Acquisition Details

The acquisition represents a strategic increase in promoter holding, with Shreevar Kheruka personally purchasing the shares from the open market. The transaction details show a measured approach to increasing stake in the company.

Parameter: Details
Shares Acquired: 85,443 equity shares
Acquisition Period: March 9, 2026 to March 23, 2026
Mode of Purchase: Open Market
Disclosure Date: March 31, 2026

Impact on Promoter Group Holding

The acquisition has resulted in a marginal increase in the promoter group's overall shareholding in Borosil Limited. The combined holding of Shreevar Kheruka and persons acting in concert (PACs) has increased across all relevant metrics.

Holding Status: Before Acquisition After Acquisition Change
Total Shares: 7,72,69,621 7,73,55,064 +85,443
% of Share Capital: 64.62% 64.69% +0.07%
% of Diluted Capital: 64.03% 64.10% +0.07%

Promoter Group Composition

The promoter group includes Shreevar Kheruka as the acquirer and several persons acting in concert. The PACs comprise both individual promoters and corporate entities that maintain significant stakes in the company.

Individual Promoters:

  • Pradeep Kumar Kheruka
  • Kiran Kheruka
  • Rekha Kheruka
  • Alaknanda Ruia

Corporate Entities:

  • Croton Trading Private Limited
  • Gujarat Fusion Glass LLP
  • Sonargaon Properties LLP
  • Borosil Holdings LLP
  • Spartan Trade Holdings LLP
  • Associated Fabricators LLP

Individual Shareholding Changes

Shreevar Kheruka's personal holding in the company has increased from 19,51,747 shares to 20,37,190 shares, representing an increase from 1.63% to 1.70% of the total share capital. The other members of the promoter group maintained their existing shareholdings without any changes during this acquisition period.

Company Share Capital Structure

Borosil Limited's equity share capital remains unchanged at ₹11,95,82,129, consisting of 11,95,82,129 equity shares with a face value of ₹1 each. The total diluted share capital stands at ₹12,06,81,907, comprising 12,06,81,907 equity shares, accounting for potential conversion of outstanding convertible securities and ESOP into equity shares.

The disclosure confirms that the company's shares are listed on both BSE Limited and National Stock Exchange of India Limited, ensuring broad market access for investors.

Historical Stock Returns for Borosil

1 Day5 Days1 Month6 Months1 Year5 Years
+4.59%+13.86%+11.15%-27.64%-21.75%+66.84%

What strategic initiatives or growth plans might be driving Shreevar Kheruka's decision to increase his stake in Borosil at this time?

Could this promoter share acquisition signal potential upcoming corporate actions such as delisting, buyback programs, or major capital allocation decisions?

How might this increased promoter confidence impact Borosil's stock performance and institutional investor sentiment in the near term?

More News on Borosil

1 Year Returns:-21.75%