Gulshan Polyols Limited has submitted annual compliance disclosures from four family trusts for the financial year 2025-26, fulfilling regulatory requirements under SEBI regulations. The company informed BSE Limited and National Stock Exchange of India Limited on April 16, 2026, about receiving compliance certificates from multiple family trusts.

Regulatory Framework and Requirements

The submissions are made pursuant to SEBI Order dated June 22, 2021 bearing reference no. WTM/SKM/CFD/37/2021-22 under Regulation 11(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This exemption order, read along with SEBI Circular dated December 22, 2017, requires the trusts to obtain annual compliance certification from independent auditors and submit certificates to stock exchanges for public disclosure.

Trust Compliance Details

Four family trusts submitted their compliance certificates for FY26:

All four trusts are managed by the same trustee and share the same office address at G-81, Preet Vihar, Delhi-110092. The Mridula Family Trust was formerly known as "Gulshan Holding Trust."

Independent Auditor Certification

M A N V & Associates, Chartered Accountants (Firm Registration No.: 007351N), conducted the compliance examination for all four trusts. CA. Anish Kumar Sanghi, Partner (Membership No.: 505416), signed the compliance certificates on April 15, 2026, from Gurugram. The auditor confirmed that all trusts are in compliance with the Exemption Order and SEBI Circular for the financial year 2025-26.

Exemption Order Background

The trusts were granted exemption from complying with requirements of regulation 3(1) and regulation 4 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, specifically regarding acquisition of shareholding in Gulshan Polyols Limited. The exemption order mandates annual compliance certification and public disclosure through stock exchanges.

Disclosure and Submission Process

Company Secretary and Compliance Officer Preeti Singhal submitted the consolidated disclosure to both BSE Limited and National Stock Exchange of India Limited on April 16, 2026. Each trust also individually submitted their compliance certificates to the stock exchanges, with copies endorsed to SEBI for records. The certificates are intended solely for regulatory submission and cannot be used for any other purpose without prior written consent from the auditing firm.

Gulshan Polyols Limited has announced the resignation of its Company Secretary and Compliance Officer, Ms. Preeti Singhal, effective from the close of business hours on Thursday, April 23, 2026. The resignation was submitted on April 15, 2026, and has been accepted by the company's management.

Key Details of the Resignation

Ms. Preeti Singhal held multiple critical positions within the organization, serving as Company Secretary, Compliance Officer, Key Managerial Personnel, and Nodal Officer. Her resignation letter, dated April 15, 2026, cited personal reasons as the primary factor behind her decision to leave the company.

Regulatory Compliance and Disclosure

The company has fulfilled its regulatory obligations by informing both BSE Limited and National Stock Exchange of India Limited about this key managerial personnel change. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The notification was sent to:

• BSE Limited (Scrip Code: 532457)
• National Stock Exchange of India Limited (Symbol: GULPOLY)

Documentation and Formalities

As part of the regulatory requirements, Gulshan Polyols Limited has provided comprehensive documentation including:

• Detailed disclosure as per SEBI circular requirements
• Complete resignation letter from Ms. Preeti Singhal
• Formal acceptance of resignation by the company management

The resignation letter expressed gratitude for the opportunity to serve the company and contribute to its governance and compliance functions. Ms. Singhal also requested the company to arrange necessary forms and disclosures with the Registrar of Companies and Stock Exchanges.

Company Leadership

The resignation was formally accepted and communicated by Dr. Chandra Kumar Jain, Chairman and Managing Director of Gulshan Polyols Limited (DIN: 00062221). The company will need to identify and appoint a suitable replacement for these critical compliance and secretarial positions to ensure continued regulatory adherence and corporate governance standards.