Indo Cotspin Limited has filed its mandatory yearly disclosure under SEBI regulations, confirming compliance with substantial acquisition and takeover norms for the financial year ended March 31, 2026. The textile company submitted the disclosure to BSE Limited on April 2, 2026, as required under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Regulatory Compliance Declaration

The disclosure confirms that no encumbrance was made, directly or indirectly, on shares held by promoters during the financial year ended March 31, 2026. This declaration covers all promoters and promoter group entities associated with Indo Cotspin Limited. The filing was addressed to both the Corporate Relationship Department at BSE Limited and the company's Audit Committee.

Promoter Group Details

The submission includes a comprehensive list of 13 promoters and promoter group entities who confirmed no encumbrance on their shareholdings:

Filing Authority and Submission

Raj Pal Aggarwal, Whole-Time Director with DIN 00456189, signed the disclosure on behalf of all promoters of Indo Cotspin Limited. The document was digitally signed on April 4, 2026, and submitted to the Department of Corporate Services at Bombay Stock Exchange Limited. The filing was made under the company's scrip code 538838 and symbol ICL.

Company Information

Indo Cotspin Limited operates from its registered office located at Delhi Mile Stone 78 K.M, G.T. Road, N.H-44 Village Jhattipur, Post Office Samalkha, Panipat-132103, Haryana. The company maintains compliance with SEBI regulations through regular disclosures and filings as mandated for listed entities. The company's CIN is L17111HR1995PLC032541 and ISIN is INE407P01017.

Indo cotspin Limited announced its unaudited financial results for the third quarter of FY26, ended December 31, 2025. The Board of Directors approved these results on January 23, 2026, following comprehensive review by the Audit Committee and statutory auditors.

Financial Performance Overview

The company's financial performance for Q3 FY26 showed mixed results compared to the corresponding quarter of the previous year. Revenue from operations declined marginally while profitability faced significant pressure.

Expense Analysis

The company's expense structure showed notable variations across different categories during Q3 FY26. Total expenses amounted to ₹1,012.63 crores compared to ₹1,020.06 crores in Q3 FY25.

Nine-Month Performance

For the nine months ended December 31, 2025, Indo Cotspin reported revenue from operations of ₹1,864.65 crores compared to ₹1,858.82 crores in the corresponding period of FY25, representing a marginal growth of 0.31%. However, net profit declined substantially to ₹2.00 crores from ₹40.96 crores in the previous year, marking a decrease of 95.12%.

Sequential Quarter Comparison

Comparing Q3 FY26 with the preceding quarter (Q2 FY26), the company showed significant improvement. Revenue from operations increased from ₹659.49 crores in Q2 FY26 to ₹1,014.18 crores in Q3 FY26, representing a sequential growth of 53.78%.

Corporate Governance

The financial results were reviewed and approved following proper corporate governance procedures. The Audit Committee examined the results before presentation to the Board of Directors. Dinesh Kumar Goel & Co., Chartered Accountants, conducted the limited review and provided an unqualified review report. The Board meeting was held on January 23, 2026, from 3:30 PM to 4:00 PM, with the results being approved unanimously.