Ddev Plastiks Industries Limited has received a formal declaration from its promoter and promoter group confirming that no encumbrance was created on the company's shares during the financial year ended 31st March, 2026. The disclosure was made by Mr. Narrindra Suranna, acting as Promoter and Authorised Signatory, and was submitted to both BSE Limited and the National Stock Exchange of India Ltd on 1st April, 2026.

Regulatory Compliance Under SEBI Takeover Regulations

The declaration has been made in compliance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. As per the disclosure, no member of the Promoter or Promoter Group, along with persons acting in concert, has made any encumbrance, directly or indirectly, on the shares of Ddev Plastiks Industries held by them during the financial year ended 31st March, 2026.

Promoter and Promoter Group Members Covered

The disclosure covers the following members of the promoter and promoter group, as detailed in the table below:

The disclosure encompasses both individual promoters and a corporate entity — Bbigplas Poly Private Limited — all of whom are classified under the Promoter/Promoter Group category.

Submission Details

The declaration was addressed to the Listing Departments of both BSE Limited, P.J. Towers, Dalal Street, Mumbai, and the National Stock Exchange of India Ltd, Exchange Plaza, Bandra Kurla Complex, Mumbai. A copy of the disclosure was also forwarded to the Audit Committee of Ddev Plastiks Industries Limited at its registered address at 2B, Pretoria Street, Kolkata- 700 071. The submission was signed by Mr. Narrindra Suranna from NARRINDRA SURANNA DIVINE GRACE APARTMENT, 33, Shakespeare Sarani, Kolkata- 700 017.

Ddev plastiks industries Limited has officially commenced commercial operations of its new XLPE manufacturing unit in Bhiwandi, Rajasthan on 28th April, 2026. The company made this announcement in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, highlighting a significant expansion in its manufacturing capabilities.

Manufacturing Unit Details

The new facility represents a substantial investment in the company's production infrastructure. The unit has been established with comprehensive specifications designed to enhance the company's market position in XLPE products.

Strategic Impact and Revenue Projections

The commencement of this manufacturing unit is positioned to deliver multiple strategic benefits for Ddev Plastiks Industries. The facility is expected to enhance the production capacity of XLPE, which the company identifies as its niche product. This expansion will enable the company to broaden its geographic presence and better serve growing customer demand.

The new unit is projected to contribute to additional revenue generation of approximately Rs. 500 crores, though this projection is subject to favorable market conditions and optimal capacity utilization. This revenue potential underscores the significant scale and commercial importance of the new facility.

Regulatory Compliance and Operations

The company has confirmed that all requisite statutory and regulatory approvals necessary for the commencement of operations have been duly obtained. This ensures full compliance with applicable regulations and smooth operational launch of the facility.

The announcement was made through proper regulatory channels, with disclosure provided to both BSE Limited and National Stock Exchange of India Limited. The company has also made this information available on its website under the 'Other Disclosures' section, ensuring transparency and accessibility for stakeholders.

Long-term Growth Strategy

This new manufacturing unit aligns with Ddev Plastiks Industries' long-term growth strategy. The facility is designed to support the company's expansion objectives while addressing increasing market demand for XLPE products. The strategic location in Rajasthan and substantial production capacity position the company to capitalize on market opportunities and strengthen its competitive position in the XLPE manufacturing sector.