Darshan orna Limited has filed its annual regulatory disclosure with BSE, confirming compliance with SEBI's substantial acquisition and takeover regulations for the financial year ended March 31, 2026. The disclosure, submitted on April 03, 2026, provides transparency regarding share encumbrance activities by the company's promoter group.

Regulatory Compliance Details

The company submitted its mandatory disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. This regulation requires annual disclosure of any encumbrance of shares by promoters, promoter groups, and persons acting in concert.

Promoter Group Declaration

Mahendrakumar Ramniklal Shah, serving as Director with DIN 03144827, signed the disclosure on behalf of the promoter group. The declaration confirms that no encumbrance of shares was made by promoters, promoter group members, or persons acting in concert during the financial year ended March 31, 2026.

The disclosure was digitally signed on April 03, 2026, at 14:21:48 +05'30', ensuring authenticity and compliance with digital filing requirements.

Company Information

Darshan Orna Limited operates under CIN L36910GJ2011PLC063745 and maintains its registered office at Survey No. 02105+2106/3/Lawar Ni Pole, Shekh Sariya Chambers, Madan Gopal Haveli Road, Manek Chowk Ahmedabad-380001. The company's shares are listed on BSE with scrip code 539884.

Regulatory Significance

This annual disclosure ensures transparency in share ownership patterns and provides investors with crucial information about any potential encumbrance activities by key stakeholders. The confirmation of no share encumbrance during FY26 indicates stable promoter holding patterns without any pledging or encumbrance activities that could impact shareholder interests.

Darshan Orna Limited has informed BSE that it does not qualify as a Large Corporate under SEBI regulations as on March 31, 2026. The company submitted this confirmation through a formal communication dated April 03, 2026, addressing regulatory compliance requirements for the financial year ended March 31, 2026.

Regulatory Framework Reference

The company's confirmation was made in reference to several key regulatory circulars:

These circulars specifically address fund raising by issuance of debt securities by large corporates and establish the criteria for determining Large Corporate status.

Compliance Implications

Based on its non-Large Corporate status, Darshan Orna Limited is exempt from specific disclosure requirements. The company confirmed that there is no requirement for filing Annual Disclosure in "Annexure B" as per BSE notices and circulars, and in "Annexure XII B2" to the operational circular dated August 10, 2021 for FY26.

Corporate Information

The confirmation was digitally signed by Mahendrakumar Ramniklal Shah, Director (DIN: 03144827), on behalf of the company on April 03, 2026. Darshan Orna Limited operates under CIN L36910GJ2011PLC063745 and maintains its registered office at Survey No. 02105+2106/3/Lawar Ni Pole, Shekh Sariya Chambers, Madan Gopal Haveli Road, Manek Chowk Ahmedabad-380001.

This regulatory confirmation ensures the company remains compliant with current SEBI and BSE requirements while clarifying its status regarding large corporate disclosure obligations for the financial year 2026.