Cravatex Limited has filed its quarterly compliance certificate with BSE Limited, fulfilling regulatory obligations under SEBI (Depositories and Participants) Regulations, 2018. The submission, dated April 10, 2026, covers the quarter ended March 31, 2026, and demonstrates the company's commitment to maintaining regulatory compliance in securities handling and dematerialization processes.

Regulatory Compliance Certificate Details

The certificate was issued under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, which mandates quarterly reporting on dematerialization activities. MUFG Intime India Private Limited, serving as Cravatex Limited's registrar and share transfer agent, provided the certification confirming proper handling of securities during the reporting period.

Certificate Confirmation Process

MUFG Intime India Private Limited confirmed that all securities received from depository participants for dematerialization during the quarter were properly processed within prescribed timelines. The registrar verified that securities comprised in the certificates have been listed on stock exchanges where the company's earlier issued securities are traded.

The certification process included several key compliance elements:

• Securities received for dematerialization were confirmed or rejected to depositories
• Security certificates were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners
• All processes were completed within prescribed regulatory timelines

Corporate Governance and Documentation

Sudhanshu Namdeo, Company Secretary and Compliance Officer of Cravatex Limited, signed the submission letter to BSE Limited's Department of Corporate Services. The documentation ensures transparency in the company's securities handling processes and maintains proper records for regulatory oversight.

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, operates under CIN U67190MH1999PTC118368. The registrar's confirmation was signed by Ashok Shetty, Sr. Vice President-Corporate Registry, on April 3, 2026, providing independent verification of compliance activities during the quarter.

Cravatex Limited has announced the re-appointment of Mr. Divakar G. Kamath as Executive Director and Chief Financial Officer for an additional three-year term. The decision was taken by the Board of Directors during their meeting held on March 30, 2026, which commenced at 12.30 pm IST and concluded at 12.40 pm IST.

Board Decision and Term Details

The re-appointment was made on the recommendation of the Nomination and Remuneration Committee. Mr. Kamath, who holds Director Identification Number (DIN) 08730430, will serve as Executive Director and CFO for a period of 3 years with effect from April 1, 2026 to March 31, 2029. The appointment is subject to approval by the members of the company.

Professional Background

Mr. Divakar G. Kamath brings extensive experience to his role, with qualifications including a graduate degree in Economics, Law and DFM from Mumbai University, along with certification as a Certified Associate of Indian Institute of Bankers (CAIIB). His professional journey spans approximately 32 years, primarily in Corporate Banking Business across reputed Public Sector and Private Sector Banks.

Career Highlights

Mr. Kamath joined Cravatex Limited in 2012 as Chief Financial Officer. Prior to this role, he served as Senior Vice President and pan India Head of Small and Medium Enterprise at Axis Bank Ltd. His expertise extends beyond banking and finance to include substantial exposure in legal matters, with Finance and Risk Management being his areas of academic interest.

Regulatory Compliance

The company has confirmed that Mr. Kamath is not related to any other Directors of the company. In accordance with BSE Circular no. LIST/COMP/14/2018-19 dated June 20, 2018, the company has affirmed that Mr. Kamath is not debarred from holding the office of director by virtue of any SEBI order or any other such authority.

The disclosure was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring compliance with all regulatory requirements for such appointments.