Eurotex Industries Files SEBI Compliance Statement, Reports Negative Net Worth of ₹2946.73 Lacs

1 min read     Updated on 13 Apr 2026, 08:36 PM
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Eurotex Industries and Exports Limited filed its SEBI Regulation 32 compliance statement for FY2026, confirming no material deviations as no rights or preferential issues were undertaken. The company's net worth certificate shows deteriorating finances with negative net worth of ₹2946.73 lacs as of March 2025, worsening from ₹2026.77 lacs in 2023. Paid-up capital remained stable at ₹874.02 lacs throughout the period, while reserves and surplus deficit expanded to ₹3820.75 lacs by March 2025.

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Eurotex Industries & Exports Limited has submitted its regulatory compliance statement to stock exchanges, confirming no material deviations under SEBI regulations for the financial year ended March 31, 2026. The Mumbai-based company filed the mandatory disclosure while also revealing its financial position through a net worth certificate covering the period from 2023 to 2025.

SEBI Regulation 32 Compliance

The company informed both BSE and NSE that Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is not applicable as there were no rights issues or preferential issues during the year. Chairman and Managing Director Krishan Kumar Patodia signed the compliance statement dated April 9, 2026, confirming no material deviations for the quarter and year ended March 31, 2026.

Financial Position Analysis

The net worth certificate issued by Shankarlal Jain & Associates LLP reveals a concerning financial trajectory for Eurotex Industries. The company's financial metrics show consistent deterioration over the three-year period:

Financial Metrics March 31, 2025 March 31, 2024 March 31, 2023
Paid Up Capital (₹ lacs) 874.02 874.02 874.02
Net Worth (₹ lacs) (2946.73) (2716.45) (2026.77)
Reserves & Surplus (₹ lacs) (3820.75) (3590.47) (2900.79)

Net Worth Computation Details

The net worth calculation shows the company's equity share capital of ₹874.02 lacs has remained constant across all three years. However, the negative reserves and surplus have expanded significantly, reaching ₹3820.75 lacs as of March 31, 2025. This represents a substantial increase from ₹2900.79 lacs in March 2023, indicating accumulated losses over the period.

Regulatory Framework

SEBI Regulation 32 requires listed companies to disclose any deviations in the use of funds raised through public issues. Since Eurotex Industries did not undertake any rights issues or preferential issues during the financial year 2025-26, the regulation was deemed non-applicable. The company maintains its listing on both BSE (Stock Code: 521014) and NSE (Stock Code: EUROTEXIND).

Professional Certification

The net worth certificate was prepared by Shankarlal Jain & Associates LLP, Chartered Accountants, based on audited accounts for the relevant financial years. Partner Satish Jain certified the computation on June 6, 2025, confirming the accuracy of the financial data presented. The certificate provides transparency regarding the company's capital structure and financial standing for stakeholders and regulatory compliance purposes.

Historical Stock Returns for Eurotex Industries & Exports

1 Day5 Days1 Month6 Months1 Year5 Years
-0.36%+1.63%+4.56%-3.64%-8.21%+88.36%

What strategic measures is Eurotex Industries planning to implement to reverse its deteriorating net worth and accumulated losses exceeding ₹3800 lacs?

Will the company's negative net worth trigger any regulatory actions from SEBI or stock exchanges regarding its continued listing status?

How might Eurotex Industries raise capital for business turnaround given its poor financial position and likely challenges in attracting investors?

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Eurotex Industries and Exports Limited Submits SEBI Compliance Certificate for Q4FY26

1 min read     Updated on 10 Apr 2026, 05:07 PM
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Eurotex Industries and Exports Limited filed its mandatory SEBI compliance certificate for Q4FY26 on 9th April, 2026, covering the quarter ended 31st March, 2026. The certificate, issued by registrar Datamatics Business Solutions Limited, confirms proper handling of securities dematerialization and rematerialization processes within regulatory timeframes. The filing was submitted to both BSE and NSE, demonstrating the company's adherence to SEBI (Depositories and Participants) Regulations, 2018.

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Eurotex Industries & Exports Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling mandatory regulatory requirements under SEBI regulations for the quarter ended 31st March, 2026.

Regulatory Compliance Filing

The company filed its certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 with both BSE Limited and National Stock Exchange of India Limited on 9th April, 2026. The submission was made by Chairman and Managing Director Krishan Kumar Patodia, who digitally signed the communication.

Filing Details: Information
Certificate Date: 2nd April, 2026
Filing Date: 9th April, 2026
Quarter Covered: Q4FY26 (ended 31st March, 2026)
Issuing Authority: Datamatics Business Solutions Limited
Stock Exchanges: BSE (Code: 521014), NSE (Code: EUROTEXIND)

Registrar and Transfer Agent Certification

Datamatics Business Solutions Limited, serving as the company's Registrar and Transfer Agent, issued the compliance certificate on 2nd April, 2026. The certificate confirms that all securities received during the quarter ended 31st March, 2026 for dematerialization and rematerialization processes were properly handled according to regulatory standards.

The certification specifically states that:

  • All securities are listed on BSE Limited and National Stock Exchange of India Limited
  • Certificates for dematerialized shares were mutilated and cancelled after due verification
  • The Depository's name was substituted in the Register of Members as the registered owner
  • All processes were completed within the mandated 15-day timeframe
  • Details were furnished to the respective stock exchanges

Corporate Information

Eurotex Industries and Exports Limited operates from its registered office at Raheja Chambers, Nariman Point, Mumbai. The company maintains its corporate identification number as L70200MH1987PLC042598, indicating its incorporation in Maharashtra in 1987.

Compliance Framework

The SEBI (Depositories and Participants) Regulations, 2018 under Regulation 74(5) mandates listed companies to ensure proper handling of securities during dematerialization and rematerialization processes. This quarterly certification serves as a formal confirmation that all regulatory requirements have been met during the specified period.

The submission of this certificate demonstrates the company's adherence to corporate governance standards and regulatory compliance obligations, ensuring transparency in securities handling and maintaining investor confidence in the dematerialization process.

Historical Stock Returns for Eurotex Industries & Exports

1 Day5 Days1 Month6 Months1 Year5 Years
-0.36%+1.63%+4.56%-3.64%-8.21%+88.36%

Will Eurotex Industries report any significant changes in shareholding patterns or dematerialization rates for Q1FY27?

How might the company's compliance track record impact its eligibility for future regulatory benefits or fast-track approvals?

What operational or financial developments should investors expect from Eurotex Industries in the upcoming quarterly results?

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