Garodia Chemicals Limited has submitted its quarterly compliance certificate to the Bombay Stock Exchange under SEBI (Depositories and Participants) Regulations, 2018 for the quarter and financial year ended March 31, 2026. The filing, dated April 15, 2026, demonstrates the company's adherence to regulatory requirements for securities dematerialization processes.

Regulatory Compliance Details

The compliance certificate was filed pursuant to Regulation 74(5) of the SEBI regulations, with Managing Director Ravindra Subhash Salunkhe (DIN: 06753149) signing the submission. The certificate confirms three key compliance areas for the reporting period:

Registrar Confirmation

MUFG Intime India Private Limited, serving as the company's registrar and transfer agent, provided the supporting confirmation certificate dated April 7, 2026. The certificate was issued by Ashok Shetty, Vice President-Corporate Registry, confirming that all dematerialization processes were handled according to prescribed timelines.

The registrar's confirmation specifically validates that securities received from depository participants during the quarter ended March 31, 2026 were properly processed, with appropriate acceptance or rejection notifications sent to depositories.

Depository Notifications

The compliance filing was copied to both major depositories in India to ensure comprehensive regulatory notification:

• National Securities Depository Limited (Trade World, Lower Parel, Mumbai)
• Central Depository Services (India) Limited (Marathon Futurex, Lower Parel, Mumbai)

This filing represents standard quarterly compliance reporting, ensuring transparency in the company's securities handling processes and maintaining regulatory adherence for investor protection.

Garodia Chemicals Limited has issued a comprehensive clarification to BSE regarding the record date for its share capital reduction plan. The company confirmed that December 10, 2025 remains the official record date for the reconstitution of share capital under the approved base resolution plan.

The clarification, submitted to BSE on April 10, 2026, addresses previous confusion regarding multiple record dates that had been communicated earlier. The company had withdrawn an earlier intimation dated March 13, 2026, which stated March 25, 2026 as the record date. This follows a notice from BSE dated December 05, 2025, pursuant to Regulation 42.

Share Capital Restructuring Details

The approved base resolution plan encompasses three major components of share capital reconstitution:

Promoter Share Elimination

Under the restructuring plan, equity shares held by promoters equivalent to 37,28,800 equity shares of Rs. 10 each, representing 51.79% shareholding of the company, will be completely extinguished without any payment. This represents a significant change in the ownership structure of the company.

Public Shareholder Impact

Public shareholders will experience a substantial reduction in their shareholding under the plan. For every 13 existing equity shares held by public shareholders, they will be entitled to receive only 1 equity share in the reconstituted company. Additionally, the face value of shares will be reduced from Rs. 10 each to Re. 1 each.

Regulatory Compliance

The official communication was addressed to BSE Limited at Floor 25, Phiroze Jeejeebhoy Tower, Dalal Street, Fort, Mumbai, referencing BSE Scrip Code 530161. Managing Director Ravindra Subhash Salunkhe (DIN: 06753149) digitally signed the clarification document from Mumbai, emphasizing the company's commitment to providing factual details and avoiding any ambiguity regarding the record date.

The company stated that this clarification was necessary to place factual details on record and eliminate confusion arising from previous communications regarding different record dates.