Kitex garments Limited has submitted its quarterly compliance certificate to the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) for the quarter ended March 31, 2026. The filing, made on April 08, 2026, fulfills the company's regulatory obligations under SEBI's depository regulations.

Regulatory Compliance Certificate

The certificate was filed pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. This regulation mandates companies to provide quarterly confirmations regarding the processing of dematerialization requests within prescribed timelines.

RTA Confirmation Details

The company's Registrar and Transfer Agent, Cameo Corporate Services Limited, issued the compliance certificate confirming adherence to regulatory requirements. The RTA provided comprehensive confirmation regarding the processing of dematerialization requests during the quarter.

Key confirmations provided by the RTA include:

• All securities received from depository participants for dematerialization were confirmed within stipulated timelines
• Securities comprised in the certificates have been listed on stock exchanges where earlier issued securities are traded
• Security certificates received for dematerialization were properly mutilated and cancelled after due verification
• Names of depositories were substituted in the register of members as registered owners within regulatory timelines

Stock Exchange Communication

The compliance certificate was simultaneously submitted to both major Indian stock exchanges where Kitex Garments shares are listed.

Corporate Governance

The filing was signed by Dayana Joseph, Company Secretary and Compliance Officer, demonstrating the company's commitment to maintaining proper corporate governance standards. The digital signature was applied on April 08, 2026, ensuring authenticity and regulatory compliance.

This quarterly filing represents part of Kitex Garments' ongoing compliance with SEBI's depository regulations, ensuring transparent and timely processing of investor dematerialization requests.

Kitex Garments Limited has announced a significant investment in its subsidiary company Kitex Apparel Parks Limited (KAPL), reinforcing its commitment to expanding operations in the textile manufacturing sector. The investment involves conversion of advances into equity shares, completed on March 31, 2026.

Investment Structure and Details

The total additional investment by Kitex Garments and its promoter group company Kitex Childrenswear Limited amounts to ₹171.23 crore. Kitex Garments maintains its established ownership pattern by contributing 70% of the total investment, while Kitex Childrenswear Limited covers the remaining 30%.

Subsidiary Company Profile

Kitex Apparel Parks Limited was incorporated on November 18, 2021, and registered with the Registrar of Companies, Hyderabad. The subsidiary commenced its business operations in FY 25-26, marking its entry into active textile manufacturing.

Business Operations and Objectives

KAPL operates in the textile garments manufacturing industry, focusing on establishment and manufacturing of diverse textile products. The subsidiary's business scope encompasses:

• Manufacturing of yarn, fabrics, and garments
• Production of wearing apparels from natural or synthetic fibres
• Specialized focus on children's garments, babywear, and infantswear
• Manufacturing of menswear and ladies wear across age segments
• Procurement of raw materials and auxiliary services

The investment maintains the existing equity participation proportion, ensuring continuity in the ownership structure while providing additional capital for business expansion.

Transaction Structure

The acquisition represents a related party transaction conducted on an arm's length basis. The investment method involves conversion of advances previously extended by Kitex Garments to its subsidiary into equity shares, eliminating the need for cash consideration. No governmental or regulatory approvals were required for this transaction.

KAPL continues to remain a material subsidiary of Kitex Garments Limited, with the company maintaining its 70% shareholding percentage unchanged despite the additional investment. This strategic investment reinforces Kitex Garments' commitment to expanding its textile manufacturing capabilities through its subsidiary operations.