Megamont Limited (formerly v r woodart ) has issued a clarification to BSE Limited regarding price movement in its securities following a surveillance inquiry. The company responded on March 20, 2026, to address concerns raised by the exchange's surveillance department.

Response to BSE Surveillance Inquiry

The company received a surveillance letter from BSE Limited on March 19, 2026, seeking clarification regarding price movement and volume behavior in Megamont Limited's securities across exchanges. The inquiry was referenced as L/SURV/ONL/PV/SJ/2025-2026/3448 and was communicated via email.

Compliance with Disclosure Regulations

Megamont Limited confirmed its adherence to regulatory requirements in its response. The company stated that it has made all required disclosures pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations 2015. These disclosures include all price-sensitive information that has a bearing on the company's operations and performance, submitted within stipulated timelines to stock exchanges where the company's securities are listed.

Current Disclosure Status

The company clarified that it has made all necessary disclosures under SEBI LODR Regulations and confirmed that there is currently no undisclosed information or event that may have a bearing on the price or volume behavior of its securities. This statement indicates the company's position that all material information affecting its stock performance has been properly disclosed to the exchanges.

Corporate Information

The response was signed by Minal Gaurav Patil, Whole time Director of Megamont Limited, with DIN 10579156. The company operates from its registered office at 202, Options Primo, Marlo Indus Retail Area, MIDC Cross Road, No 21, Andheri (E), Chakala MIDC, Mumbai, Maharashtra, India, 400093. The company maintains investor communication through email at investors@vrwoodart.com and phone numbers 91 (22) 43514444 and 66604600.

Megamont Limited (formerly v r woodart Limited) has announced the resignation of Director Mr. Nidhi Kirti Bhatt from the company's Board of Directors, effective February 16, 2026. The disclosure was made in compliance with SEBI regulations governing corporate governance and transparency requirements.

Director Resignation Details

Mr. Nidhi Kirti Bhatt, holding Director Identification Number (DIN) 07773954, submitted his resignation from the position of Director with effect from the close of working hours on February 16, 2026. The resignation was voluntary and attributed to personal reasons, with the company confirming that there are no other material reasons or circumstances connected with the departure.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The formal communication was submitted to BSE Limited, providing comprehensive details about the directorship cessation as required by regulatory guidelines.

The disclosure included specific information mandated by SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, covering the reason for change, cessation date, and confirmation that no additional disclosures were applicable for this resignation.

Resignation Documentation

In his formal resignation letter dated February 13, 2026, Mr. Bhatt expressed gratitude for the opportunity to serve on the Board and acknowledged the support received from the Board, management, and colleagues during his tenure. He confirmed having no outstanding claims or dues against the company and committed to cooperating in ensuring a smooth transition of responsibilities.

The resignation letter explicitly stated that there are no material reasons or circumstances connected with the resignation that need to be brought to the notice of the Board, Stock Exchanges, or company members, providing transparency regarding the departure.

Company Information

Megamont Limited, formerly known as V.R.Woodart Limited, operates with CIN L46610MH1989PLC138292. The company's registered office is located at 202, Options Primo, Marlo Indus Retail Area, MIDC Cross Road, No 21, Andheri (E), Chakala MIDC, Mumbai, Maharashtra, 400093. The disclosure was signed by Whole-time Director Ms. Minal Gaurav Patil (DIN: 10579156) on behalf of the company.