JBF Industries Limited Submits SEBI Compliance Certificate for Quarter Ended March 31, 2026

1 min read     Updated on 07 Apr 2026, 12:12 PM
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JBF Industries Limited filed its quarterly compliance certificate under SEBI Regulation 74(5) for the quarter ended March 31, 2026, confirming proper processing of dematerialization activities. Resolution Professional Mukesh Verma submitted the certificate to BSE and NSE, supported by confirmation from registrar MUFG Intime India Private Limited that no rematerialization requests were received and all procedures were completed within regulatory timelines.

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JBF Industries Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling regulatory requirements under SEBI (Depositories and Participant) Regulation, 2018. The company, currently operating under Corporate Insolvency Resolution Process, filed the certificate for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The certificate was submitted to both the Bombay Stock Exchange Limited and National Stock Exchange of India Limited on April 6, 2026. Resolution Professional Mukesh Verma, acting on behalf of JBF Industries Limited, certified compliance with Regulation 74(5) of SEBI regulations.

Filing Details: Information
Quarter Ended: March 31, 2026
Filing Date: April 6, 2026
Submitted By: Mukesh Verma, Resolution Professional
Registration No: IBBI/IPA-001/IP-P01665/2019-2020/12522
Reference No: JBF/SECTL/SE/

Dematerialization Process Confirmation

The certificate confirms that securities received for dematerialization during the quarter ended March 31, 2026, have been mutilated and cancelled after due verification. The depository has been recorded as the registered owner in the company's records, ensuring proper transfer of ownership.

MUFG Intime India Private Limited, serving as the company's registrar, provided confirmation certificate dated April 4, 2026, supporting the compliance declaration. The registrar confirmed that securities received from depository participants for dematerialization were properly processed and confirmed to depositories within prescribed timelines.

Registrar Confirmation Details

MUFG Intime India Private Limited (formerly Link Intime India Private Limited) verified that security certificates received for dematerialization have been confirmed or rejected as appropriate. The registrar also confirmed that depositories' names have been substituted in the register of members as registered owners.

Registrar Information: Details
Company Name: MUFG Intime India Private Limited
Confirmation Date: April 4, 2026
Authorized Signatory: Ashok Shetty, Sr. Vice President – Corporate Registry
CIN: U67190MH1999PTC118368
Rematerialization Requests: None received

Corporate Status and Contact Information

JBF Industries Limited continues operations under Corporate Insolvency Resolution Process. The company maintains its registered office at Shop No.4, Ground Floor, Building No.A, Shubh Laxmi Complex, Near Prabhat School Chanandevi, Amli, Silvassa, Dadra & Nagar Haveli – 396230. The filing represents routine compliance with securities market regulations during the ongoing resolution process.

What is the current status of JBF Industries' resolution plan and when might the Corporate Insolvency Resolution Process conclude?

How will the ongoing insolvency proceedings affect the company's ability to attract potential buyers or investors?

What impact might the resolution outcome have on JBF Industries' shareholders and their dematerialized securities?

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NCLT Ahmedabad Bench Rejects JBF Industries Resolution Plan, Refers Matter Back to Creditors

1 min read     Updated on 18 Mar 2026, 10:02 PM
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Radhika SScanX News Team
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JBF Industries Limited announced that the NCLT Ahmedabad Bench rejected its resolution plan on March 18, 2026, under Section 31 of the Insolvency and Bankruptcy Code, 2016. The tribunal referred the matter back to the Committee of Creditors after rejecting the single resolution plan submitted by the Resolution Professional. The company, currently under Corporate Insolvency Resolution Process, made this disclosure in compliance with SEBI listing regulations.

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JBF Industries Limited has disclosed that the National Company Law Tribunal (NCLT) Ahmedabad Bench rejected its resolution plan on March 18, 2026, marking a significant setback in the company's Corporate Insolvency Resolution Process (CIRP). The tribunal orally pronounced the order under Section 31 of the Insolvency and Bankruptcy Code, 2016, and referred the matter back to the Committee of Creditors (COC).

Resolution Plan Details

The company's Resolution Professional had submitted one resolution plan before the NCLT Ahmedabad Bench for consideration. The plan was part of the ongoing insolvency proceedings for JBF Industries Limited, which has been operating under the Corporate Insolvency Resolution Process.

Parameter: Details
Tribunal: NCLT Ahmedabad Bench
Decision Date: March 18, 2026
Legal Provision: Section 31 of IBC, 2016
Resolution Plans Submitted: 1 (one)
Next Step: Referred back to COC

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Para A - Part A of Schedule III of the Listing Regulations. This regulatory framework mandates timely disclosure of material events that could impact investor decisions.

Company Status and Leadership

JBF Industries Limited continues to operate under the Corporate Insolvency Resolution Process, with Mr. Mukesh Verma serving as the Resolution Professional. His registration number is IBBI/IPA-001/IP-P01665/2019-2020/12522, and he digitally signed the disclosure document on March 18, 2026.

Corporate Information

The company maintains its registered office at Shop No.4, Ground Floor, Building No.A, Shubh Laxmi Complex, Near Prabhat School, Chanandevi, Amli, Silvassa, Dadra & Nagar Haveli – 396230. The rejection of the resolution plan represents a critical juncture in the company's insolvency proceedings, with the matter now returning to the Committee of Creditors for further consideration.

What alternative resolution plans might the Committee of Creditors consider following this rejection?

How will this setback affect JBF Industries' timeline for exiting the Corporate Insolvency Resolution Process?

Could this rejection lead to liquidation proceedings if no viable resolution plan emerges?

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