Kajal Synthetics And Silk Mills Limited Submits SEBI Compliance Certificate for FY26

1 min read     Updated on 09 Apr 2026, 01:44 AM
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Kajal Synthetics And Silk Mills Limited has submitted its annual compliance certificate to BSE Limited for FY26, confirming maintenance of share transfer facilities through registered agent Adroit Corporate Services Private Limited. The certificate, filed on April 6, 2026, fulfills SEBI Regulation 7(3) requirements and covers the period from April 01, 2025 to March 31, 2026.

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Kajal Synthetics & Silk Mills Limited has filed its annual compliance certificate with BSE Limited, confirming adherence to SEBI regulations for the financial year ended March 31, 2026. The submission fulfills the company's regulatory obligations under the Securities and Exchange Board of India's listing requirements.

Regulatory Compliance Submission

The company submitted the compliance certificate on April 6, 2026, pursuant to Regulation 7(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The certificate covers the period from April 01, 2025 to March 31, 2026 and was addressed to the Deputy General Manager, Listing Compliance at BSE Limited.

Parameter: Details
Submission Date: April 6, 2026
Reporting Period: April 01, 2025 to March 31, 2026
Regulation: SEBI (LODR) Regulation 7(3)
Scrip Code: 512147

Share Transfer Agent Confirmation

The compliance certificate confirms that both physical and electronic share transfer facilities were maintained throughout the reporting period by the company's registered transfer agent. Adroit Corporate Services Private Limited serves as the Registrar and Share Transfer Agent, holding Category-I registration with SEBI under Registration Number INR000002227.

Corporate Authorization

The submission was authorized by G. M. Loyalka, Director of Kajal Synthetics And Silk Mills Limited (DIN: 00299416). The certificate bears the official company stamp and required signatures from both the company and its transfer agent, with Mr. Sandeep Shinde, Manager at Adroit Corporate Services Private Limited, providing confirmation on behalf of the transfer agent.

Company Information

Kajal Synthetics And Silk Mills Limited operates under CIN L17110MH1985PLC035204 with its registered office located at 29, Bank Street, 1st Floor, Fort, Mumbai - 400 001. The company maintains its corporate website at www.kajalsynthetics.co.in and can be contacted via email at kajalsyntheticsandsilk@gmail.com .

What specific business expansion or strategic initiatives might Kajal Synthetics pursue in FY 2026-27 following their regulatory compliance?

How will the ongoing digital transformation in share transfer processes impact Kajal Synthetics' investor relations and market accessibility?

What are the expected regulatory changes in SEBI's listing requirements that could affect textile companies like Kajal Synthetics in the coming year?

Kajal Synthetics & Silk Mills Limited Exempt from SEBI Related Party Transaction Disclosure Requirements

1 min read     Updated on 09 Apr 2026, 01:33 AM
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Kajal Synthetics & Silk Mills Limited has informed BSE of its exemption from SEBI Regulation 23(9) related party transaction disclosure requirements. The company's paid-up equity capital of Rs. 199.20 lakhs and negative net worth of Rs. 791.70 lakhs as of March 31, 2025, fall below the regulatory thresholds of Rs. 10.00 crores and Rs. 25.00 crores respectively, making the disclosure requirements non-applicable.

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Kajal Synthetics & Silk Mills Limited has notified BSE Limited that it is exempt from submitting related party transaction disclosures under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's communication dated April 7, 2026, clarifies its non-applicability status based on specific regulatory thresholds.

Regulatory Framework and Exemption Criteria

Under Regulation 23(9) of SEBI LODR, listed companies are required to submit disclosure of related party transactions alongside their standalone and consolidated financial results for each half year. However, Regulation 15(2)(a) specifies that this requirement applies only to entities meeting certain financial thresholds.

Parameter: Threshold Requirement Company's Position
Paid-up Equity Capital: Exceeding Rs. 10.00 crores Rs. 199.20 lakhs
Net Worth: Exceeding Rs. 25.00 crores Negative Rs. 791.70 lakhs
Status: Above both thresholds Below both thresholds

Company's Financial Position

Based on the latest audited balance sheet as of March 31, 2025, Kajal Synthetics & Silk Mills Limited's financial parameters fall significantly below the regulatory thresholds. The company's paid-up equity capital of Rs. 199.20 lakhs is substantially lower than the required Rs. 10.00 crores, while its negative net worth of Rs. 791.70 lakhs is well below the Rs. 25.00 crores threshold.

Compliance Communication

The formal communication to BSE was signed by G. M. Loyalka, Director (DIN: 00299416), requesting the exchange to take the exemption status on record. This disclosure ensures transparency regarding the company's compliance obligations while clarifying its current regulatory position.

Regulatory Implications

The exemption means Kajal Synthetics & Silk Mills Limited is not obligated to provide detailed related party transaction disclosures that larger listed entities must submit. This regulatory relief is designed to reduce compliance burden on smaller listed companies that fall below specified financial thresholds, allowing them to focus resources on core business operations while maintaining essential regulatory compliance.

What strategic initiatives could Kajal Synthetics implement to improve its negative net worth of Rs. 791.70 lakhs and achieve financial stability?

How might the company's exemption from related party disclosure requirements affect investor confidence and transparency perceptions in the market?

What are the potential implications if Kajal Synthetics' financial position deteriorates further, given its already negative net worth?

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