Borosil Renewables Submits Q4 FY26 SEBI Compliance Certificate for Dematerialisation Process

1 min read     Updated on 02 Apr 2026, 08:27 PM
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Borosil Renewables Limited filed its Q4 FY26 certificate under SEBI Regulation 74(5) for depositories compliance, covering the quarter ended March 31, 2026. The certificate, provided by registrar MUFG Intime India Private Limited, confirms proper handling of dematerialisation processes and adherence to regulatory timelines. Company Secretary Kishor Talreja submitted the compliance documentation to BSE and NSE on April 02, 2026, ensuring continued regulatory compliance.

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Borosil renewables Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling regulatory requirements under SEBI depositories regulations. The company filed the mandatory certificate for the quarter ended March 31, 2026, demonstrating its commitment to maintaining proper securities handling and shareholder record management.

Regulatory Compliance Certificate Details

The certificate was issued under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, covering the fourth quarter of fiscal year 2026. Company Secretary and Compliance Officer Kishor Talreja signed the submission on April 02, 2026, ensuring timely compliance with regulatory deadlines.

Parameter: Details
Regulation: SEBI Regulation 74(5)
Quarter Covered: Q4 FY26 (ended March 31, 2026)
Filing Date: April 02, 2026
Signatory: Kishor Talreja, Company Secretary
Membership No.: FCS – 7064

Registrar and Transfer Agent Confirmation

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, serves as the company's Registrar and Transfer Agent. The firm provided comprehensive confirmation regarding dematerialisation processes during the quarter. Ashok Shetty, Sr. Vice President-Corporate Registry, signed the confirmation certificate on April 01, 2026.

The registrar confirmed that all securities received from depository participants for dematerialisation during the quarter were properly processed and confirmed to the depositories. The certificate validates that securities comprised in the certificates have been listed on stock exchanges where previously issued securities are already listed.

Dematerialisation Process Compliance

The confirmation certificate addresses several critical aspects of securities handling and regulatory compliance:

  • Securities received for dematerialisation were confirmed or rejected within prescribed timelines
  • Security certificates received were properly mutilated and cancelled after due verification
  • Depository participant verification processes were completed as required
  • Names of depositories were substituted in the register of members as registered owners
  • All processes adhered to regulatory timelines and requirements

Corporate Information

Borosil Renewables Limited operates with its registered office located at Crescenzo, G-Block, Bandra Kurla Complex, Mumbai. The company maintains its manufacturing operations at Ankleswar-Rajpipla Road, Village Govali, Tal. Jhagadia, Dist. Bharuch, Gujarat. The company holds various certifications including ISO 9001:2015, ISO 14001:2015, and OHSAS 18001:2007, demonstrating its commitment to quality and environmental standards.

Historical Stock Returns for Borosil Renewables

1 Day5 Days1 Month6 Months1 Year5 Years
+6.28%+18.89%+2.94%-25.79%-3.33%+83.05%

How might Borosil Renewables' operational performance in Q4 FY26 impact its stock price and investor sentiment in the coming quarters?

What strategic initiatives is Borosil Renewables likely to announce for FY27 given the renewable energy sector's growth trajectory?

Will the company's Gujarat manufacturing facility expansion plans align with India's updated renewable energy targets for 2026-27?

Borosil Renewables Promoter Shreevar Kheruka Increases Stake Through Market Purchase

2 min read     Updated on 01 Apr 2026, 04:06 PM
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Borosil Renewables disclosed that Promoter & Vice Chairman Shreevar Kheruka increased his stake through open market purchase of 52,577 equity shares worth ₹2.00 crore on March 30, 2026. His individual shareholding rose from 1.39% to 1.43%, while the total promoter group holding increased from 58.77% to 58.81%. The disclosure was made under SEBI Takeover Regulations.

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Borosil Renewables Limited has announced that its Promoter & Vice Chairman, Mr. Shreevar Kheruka, has increased his shareholding in the company through a market purchase transaction on the National Stock Exchange. The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The share acquisition transaction was completed on March 30, 2026, with the company receiving intimation on March 31, 2026. The following table summarizes the key transaction details:

Parameter: Details
Shares Acquired: 52,577 equity shares
Transaction Value: ₹2,00,12,277.20
Transaction Type: Open Market Purchase
Exchange: National Stock Exchange (NSE)
Transaction Date: March 30, 2026

Individual Shareholding Changes

The acquisition has resulted in a marginal increase in Mr. Kheruka's individual stake in the company. His personal shareholding position before and after the transaction is detailed below:

Position: Number of Shares Percentage Holding (Total) Percentage Holding (Diluted)
Before Transaction: 19,51,747 1.39% 1.32%
After Transaction: 20,04,324 1.43% 1.36%
Net Increase: 52,577 0.04% 0.04%

Promoter Group Holdings

The comprehensive promoter group holdings, including persons acting in concert (PAC), show the overall control structure of the company:

Category: Before Transaction After Transaction Change
Total Promoter Group: 8,23,95,484 shares 8,24,48,061 shares +52,577 shares
Percentage (Total): 58.77% 58.81% +0.04%
Percentage (Diluted): 55.70% 55.74% +0.04%

Share Capital Structure

The company's equity share capital remains unchanged at 14,01,88,845 equity shares of Re.1 each. The total diluted share capital, considering outstanding warrants and ESOPs, stands at 14,79,15,982 equity shares based on the shareholding pattern filed for the quarter ended December 31, 2025.

Regulatory Compliance

The disclosure was made pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Mr. Kheruka, serving as Promoter & Vice Chairman, submitted the required documentation to both BSE Limited and National Stock Exchange of India Limited on March 31, 2026.

Market Transaction

The shares were acquired through regular market operations on the NSE, indicating an open market purchase rather than through any preferential allotment or inter-se transfer. The transaction demonstrates continued confidence in the company's prospects by its key leadership.

Historical Stock Returns for Borosil Renewables

1 Day5 Days1 Month6 Months1 Year5 Years
+6.28%+18.89%+2.94%-25.79%-3.33%+83.05%

What strategic initiatives or growth plans might be driving Mr. Kheruka's increased confidence to invest ₹2 crores in additional shares?

Could this insider buying signal potential upcoming positive developments in Borosil Renewables' solar glass manufacturing capacity or new client acquisitions?

How might this promoter stake increase influence institutional investor sentiment and the stock's liquidity in the coming quarters?

More News on Borosil Renewables

1 Year Returns:-3.33%