Captain Pipes Limited has filed its mandatory annual disclosure with BSE Limited under SEBI regulations, providing transparency on promoter shareholding and compliance with regulatory requirements for the financial year 2026.

Regulatory Disclosure Details

The company submitted its disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on April 4, 2026. This annual filing is a mandatory requirement for listed companies to maintain transparency regarding substantial shareholding changes and encumbrances.

Promoter Shareholding Position

As per the disclosure, the promoter and promoter group of Captain Pipes Limited hold a substantial stake in the company as of March 31, 2026. The filing confirms their commitment to maintaining transparency in shareholding patterns.

Corporate Compliance

The disclosure emphasizes the company's adherence to regulatory requirements. Captain Pipes Limited has declared that no encumbrance of shares was created, directly or indirectly, during the financial year ended March 31, 2026. This statement provides assurance to investors and stakeholders regarding the stability of promoter holdings.

Management Authorization

The disclosure was authorized and signed by Gopal D. Khichadia, Managing Director of Captain Pipes Limited, bearing DIN: 00127947. The filing was also copied to the company's Audit Committee, ensuring internal governance protocols are followed alongside regulatory compliance.

The company operates from its registered office and works located at Survey No. 257, Plot No. 23 to 28, N.H. No. 27, SHAPAR (Veraval), Dist. Rajkot, Gujarat, and maintains its corporate identification number as L25191GJ2010PLC059094.

Captain pipes Ltd has announced the completion of a separate meeting of Independent Directors held on March 30, 2026, in accordance with regulatory requirements. The meeting was conducted pursuant to Schedule IV of the Companies Act, 2013 and Regulation 25(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

Meeting Details and Duration

The Independent Directors' meeting took place at the company's registered office and was held for a duration of 30 minutes, commencing at 11:00 a.m. and concluding at 11:30 a.m. on Monday, March 30, 2026.

Key Agenda Items Discussed

During the meeting, the Independent Directors deliberated on several critical governance matters as mandated by regulatory frameworks. The discussions encompassed three primary areas of board evaluation and assessment.

The Independent Directors undertook a comprehensive review of the performance of Non-Independent Directors and evaluated the Board's effectiveness as a collective entity. Additionally, they conducted an assessment of the Chairperson's performance while considering perspectives from both executive and non-executive directors.

Information Flow Assessment

A significant focus of the meeting was the evaluation of information management between the company's leadership and the Board. The Independent Directors assessed the quality, quantity, and timeliness of information flow from management to the Board, ensuring that directors receive necessary information to effectively discharge their duties.

Regulatory Compliance

The meeting represents Captain Pipes Ltd's commitment to maintaining robust corporate governance standards. The company has duly informed BSE Limited about the meeting outcomes, with Managing Director Gopal D. Khichadia (DIN: 00127947) signing the disclosure communication to the stock exchange.

This separate meeting of Independent Directors forms part of the company's regular governance practices, ensuring independent oversight and evaluation of board performance in line with statutory requirements.