Mayur floorings Limited has submitted a regulatory disclosure to the Bombay Stock Exchange confirming that its promoters have not created any encumbrance over company shares during the financial year ended March 31, 2026. The disclosure, filed on April 06, 2026, was made under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Regulatory Compliance Declaration

The company's Managing Director, Mahavir N Sundrawat, signed and submitted the disclosure stating that promoters and promoter group members, along with persons acting in concert, have not made any encumbrance directly or indirectly over the company's shares. The declaration covers the entire financial year period and excludes only those encumbrances already disclosed previously.

Precautionary Filing Approach

In the disclosure letter, the company clarified that it is not currently a target for takeover. However, the filing was made as a matter of "abundant caution" to ensure full compliance with SEBI's disclosure requirements. This proactive approach demonstrates the company's commitment to maintaining transparency and regulatory adherence.

Promoter Group Confirmation

Mahavir N Sundrawat, acting as the authorized representative for all promoters and promoter group members, provided a comprehensive declaration covering the entire promoter ecosystem. The confirmation extends to all persons acting in concert with the promoter group, ensuring complete coverage of potential encumbrance scenarios.

Next Steps and Committee Review

As mandated under Regulation 31(5) of the SEBI (SAST) Regulations, 2011, the disclosure will be presented at the company's upcoming Audit Committee meeting. This requirement ensures that the board-level committees are informed about promoter shareholding matters and can exercise appropriate oversight.

The filing reinforces Mayur Floorings Limited's commitment to corporate governance standards and regulatory compliance, providing stakeholders with transparency regarding promoter shareholding arrangements during FY26.

Mayur Floorings Limited , a company listed on the Bombay Stock Exchange (BSE: 531221), has announced significant changes to its board composition and committee structure. The company's Board of Directors, in a meeting held on September 23, 2025, made several key decisions aimed at strengthening its corporate governance framework.

New Independent Director Appointment

The Board has approved the appointment of Deepali Chundawat (DIN: 11108961) as an Independent Director for a term of five years, effective September 23, 2025. This appointment is subject to shareholder approval at the upcoming Annual General Meeting.

Chundawat brings valuable expertise to the board:

• Qualified Company Secretary since 2019
• Over five years of continuous experience in the field
• Deep knowledge of the Companies Act, SEBI regulations, and secretarial standards

Board Committee Restructuring

Following Chundawat's appointment, Mayur Floorings has reconstituted its board committees:

1. Audit Committee

2. Nomination & Remuneration Committee

3. Stakeholders Relationship Committee

Other Board Decisions

The Board also addressed two additional matters:

1. Director Cessation: The company acknowledged the cessation of Dhara as an Independent Director, effective September 8, 2025, due to the expiry of her tenure.

2. Credit Facilities: The Board approved the renewal of existing credit facilities, although specific details were not disclosed.

Mahavir N Sundrawat, Managing Director of Mayur Floorings Limited, signed off on these decisions. The board meeting, which commenced at 5:00 PM, concluded at 5:40 PM.

These changes reflect Mayur Floorings' commitment to maintaining strong corporate governance practices and ensuring a diverse, experienced board to guide the company's future strategies and operations.