Mayur Floorings Limited Submits SEBI Compliance Certificate for Q4 FY26

2 min read     Updated on 10 Apr 2026, 04:54 AM
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Radhika SScanX News Team
AI Summary

Mayur Floorings Limited submitted its SEBI compliance certificate under Regulation 74(5) for Q4 FY26, confirming proper dematerialization processes. The certificate, issued by Purva Share Registry, covers the period ended March 31, 2026, with detailed records showing dematerialization activities involving multiple shareholders including Sanjeev Mittal, Deepak Agarwal, and others, with transactions processed between January and March 2026.

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Mayur Floorings Limited has submitted its mandatory compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 for the quarter ended March 31, 2026. The submission was made on April 09, 2026, and signed by Managing Director Mahavir N Sundrawat.

Regulatory Compliance Certificate

The certificate was issued by Purva Share Registry (I) Pvt. Ltd., the company's registrar and share transfer agent. The document confirms that all securities received from depository participants for dematerialization during the quarter ended March 2026 were properly confirmed to the depositories within prescribed timelines.

Parameter: Details
Reporting Period: Quarter ended March 31, 2026
Submission Date: April 09, 2026
Registrar: Purva Share Registry (I) Pvt. Ltd.
Compliance Officer: Ms. Deepali Gaonkar
BSE Listing Code: 531221

Dematerialization Activity Summary

The detailed records reveal significant dematerialization activity during the quarter, with transactions spanning from January 01, 2026 to March 31, 2026. The dematerialization process involved multiple shareholders across different time periods.

Key Shareholders and Transaction Dates

The dematerialization activities were concentrated around specific dates:

  • January 16, 2026: Sanjeev Mittal dematerialized 500 shares across 5 certificates
  • January 19, 2026: Deepak Agarwal processed the largest volume with multiple certificates
  • February 09-10, 2026: Rashmi Agrawal, Akshat Jain, and Dilkhush Raj Jain completed their transactions
  • March 05, 2026: Manjula Jain dematerialized a substantial number of certificates

Shareholder-wise Dematerialization Details

Shareholder: Folio Number Certificates Processed Transaction Date
Sanjeev Mittal: S01282 5 certificates 16/01/2026
Deepak Agarwal: D0010006 Multiple certificates 19/01/2026
Rashmi Agrawal: R0010004 10 certificates 09/02/2026
Akshat Jain: A01122 2 certificates 10/02/2026
Dilkhush Raj Jain: D01072 2 certificates 10/02/2026
Manjula Jain: M01169 54 certificates 05/03/2026

Certificate Processing Standards

Purva Share Registry confirmed that all security certificates received for dematerialization were properly mutilated and cancelled after due verification by depository participants. The registrar also confirmed that the names of depositories were substituted in the register of members as registered owners within the prescribed timelines, ensuring full compliance with SEBI regulations.

The submission demonstrates Mayur Floorings Limited's adherence to regulatory requirements and maintains transparency in its share transfer and dematerialization processes. Each certificate processed involved 100 shares, reflecting standardized lot sizes across all transactions during the reporting period.

Historical Stock Returns for Mayur Floorings

1 Day5 Days1 Month6 Months1 Year5 Years
-100.00%+21.32%+11.85%-35.67%+22.52%+191.12%

What factors are driving the significant increase in dematerialization activity for Mayur Floorings, and could this indicate upcoming corporate actions or strategic initiatives?

How might the concentrated dematerialization by multiple shareholders in Q1 2026 impact the company's shareholding pattern and stock liquidity?

Will Mayur Floorings consider transitioning to a fully digital share transfer system given the high volume of certificate processing activity?

Mayur Floorings Limited Files SEBI Disclosure Confirming No Share Encumbrance by Promoters for FY26

1 min read     Updated on 07 Apr 2026, 02:09 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

Mayur Floorings Limited filed a SEBI (SAST) Regulation 31(4) disclosure on April 06, 2026, confirming that promoters and promoter group members have not created any encumbrance over company shares during FY26 ended March 31, 2026. Managing Director Mahavir N Sundrawat submitted the declaration as a precautionary measure to ensure regulatory compliance, despite the company not being a takeover target. The disclosure will be presented at the upcoming Audit Committee meeting as required under SEBI regulations.

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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.

Parameter: Details
Filing Date: April 06, 2026
Regulation: SEBI (SAST) Regulation 31(4)
Financial Year: Ended March 31, 2026
Signatory: Mahavir N Sundrawat, Managing Director
DIN: 01928303

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.

Historical Stock Returns for Mayur Floorings

1 Day5 Days1 Month6 Months1 Year5 Years
-100.00%+21.32%+11.85%-35.67%+22.52%+191.12%

What strategic initiatives or expansion plans might Mayur Floorings pursue given the promoters' maintained equity commitment?

How could this clean promoter shareholding position affect potential institutional investor interest or credit ratings?

Will the company consider any debt restructuring or new financing arrangements now that promoter shares remain unencumbered?

More News on Mayur Floorings

1 Year Returns:+22.52%