Lakhotia polyesters (India) Ltd has filed its quarterly certificate with BSE Limited, confirming the dematerialization of shares for the quarter ended March 31, 2026. The submission was made on April 14, 2026, by Managing Director Madhusudan Lakhotiya, ensuring compliance with regulatory requirements.

Regulatory Compliance Details

The certificate was filed in accordance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. This regulation mandates companies to provide quarterly confirmations regarding the dematerialization process of their securities.

Registrar Confirmation

MUFG Intime India Private Limited, serving as the company's Registrar and Share Transfer Agent, issued the confirmation certificate on April 3, 2026. The certificate was signed by Ashok Shetty, Sr. Vice President-Corporate Registry.

The registrar confirmed that securities received from depository participants for dematerialization during the quarter were properly processed and that all security certificates received were mutilated and cancelled after due verification. The depositories' names have been substituted in the register of members as registered owners within prescribed timelines.

Company Information

This quarterly filing represents standard regulatory compliance for listed companies, ensuring transparency in share dematerialization processes and maintaining proper records of securities transactions during the specified quarter.

Lakhotia Polyesters (India) Limited has announced a revised timeline for its proposed acquisition of New Nexus FZ LLC, extending the completion date by three months due to regulatory approval delays. The company informed BSE on April 01, 2026, that the acquisition is now expected to be completed by June 30, 2026, instead of the originally planned March 31, 2026.

Acquisition Details

The proposed transaction involves acquiring a 100% stake in New Nexus FZ LLC, a Dubai-based entity. The acquisition was initially announced through a company intimation dated December 12, 2025, with an original completion target of March 31, 2026.

Reason for Delay

The company cited delays in receipt of regulatory approvals as the primary reason for the timeline extension. According to the filing, these delays are attributed to the prevailing geopolitical situation, which has impacted the approval process for the cross-border transaction.

Regulatory Compliance

The update was filed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring compliance with disclosure requirements for material events. The communication was signed by Managing Director Madhusudan Lakhotiya and submitted to BSE Limited.

Company Information

Lakhotia Polyesters (India) Limited operates from Maharashtra with its registered office located in Nashik district. The company maintains its corporate identification number as L17120MH2005PLC155146 and trades on BSE under scrip code 535387.