Indosolar Limited Files Dematerialisation Compliance Certificate for Quarter Ended March 31, 2026

1 min read     Updated on 14 Apr 2026, 12:28 PM
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Indosolar Limited submitted its dematerialisation compliance certificate for Q4 FY26 to stock exchanges on April 14, 2026, under SEBI Regulation 74(5). The company's registrar MUFG Intime India Private Limited confirmed no demat requests were processed during the quarter and noted that no physical shares remain outstanding, indicating complete dematerialisation of securities.

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Indosolar Limited has filed its quarterly dematerialisation compliance certificate with stock exchanges for the quarter ended March 31, 2026, in accordance with regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Filing

The company submitted the confirmation certificate under Regulation 74(5) to both the National Stock Exchange of India Limited and BSE Limited on April 14, 2026. The certificate was signed by Akalpita Patel, Company Secretary and Compliance Officer, confirming adherence to prescribed dematerialisation requirements.

Certificate Details

Parameter: Details
Filing Date: April 14, 2026
Quarter Ended: March 31, 2026
Regulation: SEBI (Depositories and Participants) Regulations, 2018 - Section 74(5)
Registrar: MUFG Intime India Private Limited

Registrar Confirmation

MUFG Intime India Private Limited (formerly Link Intime India Private Limited), serving as the company's Registrar and Share Transfer Agent, issued the confirmation certificate dated April 4, 2026. The registrar confirmed that during the quarter ended March 31, 2026, no demat requests were received for processing.

Significantly, the registrar noted that Indosolar Limited does not have any physical shares outstanding, indicating complete dematerialisation of the company's securities. This status reflects full compliance with modern securities trading requirements and investor preferences for electronic holdings.

Corporate Information

The filing includes standard corporate details with Indosolar Limited's registered office located at Unit No. 301, 3rd floor, Building 02, Southern Park, Saket, New Delhi-110017, and manufacturing facility at 3C/1eco Tech -11, Udyog Vihar, Greater Noida – 201306, Uttar Pradesh. The company operates under CIN: L18101DL2005PLC134879.

This quarterly compliance filing demonstrates Indosolar Limited's adherence to SEBI regulations governing dematerialisation of securities, ensuring transparency in share transfer processes and maintaining regulatory compliance standards required for listed companies.

Historical Stock Returns for Indosolar

1 Day5 Days1 Month6 Months1 Year5 Years
-5.00%-0.74%+20.42%-24.00%+167.60%+167.60%

How might Indosolar's complete dematerialization status impact its ability to attract institutional investors in upcoming quarters?

What strategic initiatives is Indosolar likely to pursue from its Greater Noida manufacturing facility given the current regulatory compliance positioning?

Will SEBI introduce additional dematerialization requirements that could affect Indosolar's compliance costs in the next fiscal year?

Indosolar Limited Announces CFO Sonal Shrivastava's Resignation Effective March 20, 2026

2 min read     Updated on 20 Mar 2026, 10:17 PM
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AI Summary

Indosolar Limited has formally notified stock exchanges about the resignation of Chief Financial Officer Ms. Sonal Shrivastava, effective March 20, 2026. The resignation, submitted on September 22, 2025, was attributed to her pursuit of new opportunities outside the group that align with her career aspirations. The company has completed all required regulatory disclosures under SEBI regulations, with Company Secretary Akalpita Harnish Patel signing the official notifications sent to both BSE and NSE.

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Indosolar Limited has officially notified stock exchanges regarding the resignation of its Chief Financial Officer and Key Managerial Personnel, Ms. Sonal Shrivastava, effective from March 20, 2026. The announcement was made in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Resignation Details

Ms. Sonal Shrivastava tendered her resignation and ceased to be the Chief Financial Officer and Key Managerial Personnel of the company effective from the closing business hours of Saturday, March 20, 2026. The resignation became effective upon completion of the requisite notice period.

Parameter: Details
Position: Chief Financial Officer and Key Managerial Personnel
Effective Date: March 20, 2026
Notice Period: Completed as per company policy
Event Time: March 20, 2026 at IST 18:00 hrs
Stock Exchanges Notified: BSE Limited and National Stock Exchange

Reason for Departure

In her resignation letter dated September 22, 2025, Ms. Shrivastava explained her decision to move on from her dual role at both Waaree Energies Limited and Indosolar Limited. She stated that she is pursuing opportunities outside the group that align with her aspirations and will allow her to take on additional new responsibilities and contribute strategically.

Ms. Shrivastava expressed gratitude for her tenure, describing it as "a great honor to serve Waaree and to contribute to its growth trajectory and transformation." She acknowledged the support received from the leadership team and colleagues during her time with the organization.

Regulatory Compliance

The company has fulfilled all disclosure requirements under multiple SEBI regulations and circulars:

Regulation/Circular: Details
Primary Regulation: Regulation 30 read with Schedule III, Part A, Paragraph A(7)
SEBI Circular 2023: SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023
SEBI Circular 2025: SEBI/HO/CFD/CFD-PoD-2/P/CIR/2025/25
Master Circular: SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024
Additional Circular: SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024

Transition Process

Ms. Shrivastava committed to ensuring a smooth transition and extended her full support in handing over responsibilities. The resignation letter emphasized her confidence in the company's future growth under the current leadership.

The notification was signed by Akalpita Harnish Patel, Company Secretary and Compliance Officer, confirming the formal completion of all regulatory requirements for this key managerial personnel change. The official communication was addressed to both BSE Limited and National Stock Exchange of India Limited as per standard regulatory protocol.

Historical Stock Returns for Indosolar

1 Day5 Days1 Month6 Months1 Year5 Years
-5.00%-0.74%+20.42%-24.00%+167.60%+167.60%

Who will Indosolar appoint as the new CFO and what timeline are they targeting for this critical leadership transition?

How might Ms. Shrivastava's departure from both Waaree Energies and Indosolar impact the strategic coordination between these group companies?

What specific financial initiatives or projects at Indosolar could face delays due to this key leadership change?

More News on Indosolar

1 Year Returns:+167.60%