Pradeep Kumar Kheruka, promoter of borosil renewables Limited, has submitted a formal declaration dated April 02, 2026, confirming that no encumbrance or pledge was created on the equity shares held by the promoters and persons acting in concert (PAC) during the financial year ended March 31, 2026. The declaration was filed in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Declaration Details

The filing was addressed to BSE Limited, the National Stock Exchange of India Ltd, and the Audit Committee of Borosil Renewables Limited. The declaration covers the entire financial year ended March 31, 2026, and confirms that the promoter group neither directly nor indirectly created any encumbrance on their equity shareholding in the company during this period.

The key details of the declaration are summarised below:

Regulatory Compliance

Under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, promoters of listed companies are required to submit an annual declaration confirming the status of encumbrance on their shareholding. This declaration ensures transparency regarding any pledging or hypothecation of promoter-held shares, which is considered a key indicator of promoter confidence and financial stability.

Kheruka confirmed on behalf of himself and all other promoters that as on March 31, 2026, NIL number of equity shares of Borosil Renewables Limited are encumbered or pledged by the promoter group. The declaration was submitted to the relevant stock exchanges and the company's Audit Committee for their records.

Borosil renewables has announced the launch of its Second 100-Day Campaign titled 'Saksham Niveshak' from April 01, 2026 to July 09, 2026. The company published newspaper advertisements on April 07, 2026 in Business Standard and Navshakti newspapers to inform shareholders about this initiative, which aligns with the Investor Education and Protection Fund Authority (IEPFA) directive under the Ministry of Corporate Affairs.

Official Stock Exchange Communication

The company formally intimated both BSE Limited and National Stock Exchange of India Limited on April 08, 2026 regarding the commencement of this special outreach initiative. Company Secretary and Compliance Officer Kishor Talreja (Membership no. FCS – 7064) signed the official communication under Regulation 30 of the SEBI Listing Regulations 2015.

Campaign Overview and Timeline

The 'Saksham Niveshak' campaign specifically targets shareholders whose dividends remain unclaimed, with a primary focus on KYC updation and related compliance requirements. The initiative runs for 100 days, providing shareholders adequate time to complete necessary formalities and claim their pending dividends.

Key Objectives of the Campaign

The campaign encompasses primary objectives designed to protect shareholder interests and ensure compliance with regulatory requirements. The initiative aims to facilitate direct settlement of unpaid/unclaimed dividends by the company to rightful shareholders, assist in updating essential KYC details including Bank Account Mandate, PAN, Nomination, Email ID, Mobile Number and Address in accordance with SEBI requirements, and prevent transfer of shares and dividends to the IEPFA.

Shareholder Support and Contact Information

Shareholders with unclaimed dividends or incomplete KYC records can contact the company's Registrar & Transfer Agent during the campaign period. MUFG Intime India Private Limited serves as the RTA, with comprehensive support services available for shareholders.

KYC Update Process and Documentation

Shareholders are required to update their details through specific channels depending on their shareholding pattern. For shares held in electronic (demat) form, shareholders must update details with their respective Depository Participant, while those holding physical shares need to submit prescribed Form ISR-1 along with supporting documents to the company or its RTA. The relevant forms including ISR-1, ISR-2, ISR-3, and SH-13 are available on the company's website and RTA's portal.

Regulatory Compliance and Legal Framework

The campaign operates under the provisions of the Companies Act, 2013 and associated rules. According to applicable regulations, dividends remaining unclaimed for seven consecutive years along with corresponding shares are liable to be transferred to the IEPFA. The company emphasizes the importance of timely action by shareholders to prevent such transfers and facilitate direct claim settlements, avoiding the lengthy IEPF recovery process.