Nandan denim Limited has submitted its quarterly compliance certificate under SEBI regulations for the quarter ended March 31, 2026. The textile company filed the mandatory documentation with stock exchanges on April 8, 2026, maintaining its regulatory compliance obligations.

Quarterly Compliance Filing

The company submitted its certificate under regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 to both BSE Limited and National Stock Exchange of India Limited. The filing was made through the company's registrar and share transfer agent, Datamatics Business Solutions Limited.

Certificate Confirmation

Datamatics Business Solutions Limited, serving as the registrar and share transfer agent, confirmed that during the quarter ended March 31, 2026, no requests for dematerialization of shares were received. The certificate was signed by Satish Patil, Manager at Datamatics Business Solutions Limited.

Regulatory Compliance

Company Secretary and Compliance Officer Rinku Patel digitally signed and submitted the compliance documentation. The certificate was also forwarded to Central Depository Services India Limited and National Securities Depository Limited as part of the regulatory requirements.

The filing demonstrates the company's adherence to SEBI's quarterly reporting requirements under the depositories and participants regulations. Such compliance certificates are mandatory for listed companies to maintain transparency in their share transfer and dematerialization processes.

Nandan denim Limited has been penalized Rs 84,000 (excluding GST) by BSE Limited after the stock exchange rejected the company's waiver application for alleged non-compliance under Regulation 17(1A) of the SEBI (LODR) Regulations, 2015. The company received official communication regarding the penalty on February 18, 2026.

Regulatory Action Details

The penalty stems from an initial notice received by Nandan Denim Limited on November 28, 2025, from both BSE Limited and National Stock Exchange of India Limited regarding alleged violation of regulatory requirements. In response to this notice, the company filed a waiver application with BSE on December 02, 2025, along with supporting documents.

Company's Response and Obligations

Following BSE's decision to reject the waiver application, Nandan Denim Limited is now required to pay the imposed fine including applicable GST to both BSE and NSE within the prescribed timeframe. The company has made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Impact Assessment

According to the company's official disclosure, the penalty will have no material impact on its financial position, operations, or other business activities. The regulatory action details were communicated through proper channels as mandated by SEBI regulations.

Regulatory Compliance Framework

The disclosure was made pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, and in accordance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company's compliance officer, Rinku Patel, signed the disclosure document on February 19, 2026, ensuring transparency with stakeholders and regulatory authorities.