New Light Industries Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The company, formerly known as New Light Apparels Limited, filed the certificate for the quarter ended March 31, 2026, demonstrating adherence to securities market regulations.

Regulatory Compliance Filing

The compliance certificate was submitted on April 8, 2026, under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. Managing Director Saurabh Agrawal signed the submission, which was addressed to the Corporate Relationship Department of BSE Limited.

Securities Dematerialization Process

The certificate confirms that details of securities dematerialized and rematerialized during the quarter were properly furnished by the company's Registrar and Share Transfer Agent to all stock exchanges where New Light Industries Limited shares are listed. The company's scrip code on BSE is 540243 with the symbol NEWLIGHT.

RTA Confirmation Certificate

Beetal Financial & Computer Services (P) Ltd, serving as the company's SEBI-approved Registrar and Share Transfer Agent, provided confirmation of compliance on April 3, 2026. The RTA holds SEBI registration number INR 000000262 and operates as a Category I Registrar & Share Transfer Agent.

Regulatory Compliance Confirmation

The RTA confirmed that securities received from Depository Participants for dematerialization during the quarter ended March 2026 were properly processed and confirmed to the depositories. Key compliance aspects include:

• Securities certificates received for dematerialization were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners within 15 days
• All securities comprised in the certificates have been listed on stock exchanges where previously issued securities are listed

Company Information

New Light Industries Limited, with CIN L27501DL1995PLC064005, maintains its registered office at GC-29, Basement, Shivaji Enclave, Raja Garden, New Delhi - 110027. The company operates under the leadership of Managing Director Saurabh Agrawal and continues to maintain compliance with all applicable securities market regulations.

New Light Industries Limited has witnessed a complete exit by its promoter group, with Sandeep Makkad and his associates disposing of their entire stake in the company through off-market transactions. The substantial disposal, involving 22,54,760 equity shares representing 2.58% of the company's total share capital, was executed between February 16, 2026, and March 5, 2026.

Complete Promoter Exit Details

The disposal involved three key promoter group members who collectively held 2.58% stake in the company before the transaction. The transaction details are presented below:

Regulatory Compliance and Disclosure

The transaction triggered mandatory disclosure requirements under Regulation 29(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as it involved a change of more than 2% of the total issued and paid-up share capital. Sandeep Makkad, as the primary promoter, filed the necessary disclosure with BSE Limited on March 30, 2026.

Company Share Capital Structure

New Light Industries Limited maintains its equity share capital structure unchanged following the promoter exit:

The company's total diluted share capital remains at Rs. 8,76,00,150, consisting of 8,76,00,150 equity shares of Rs. 1/- each, as there are no outstanding convertible securities or warrants.

Transaction Characteristics

The disposal was executed through off-market transactions, indicating private transfers rather than open market sales. The transaction period spanned from February 16, 2026, to March 5, 2026, suggesting a structured exit process by the promoter group. Following this complete divestment, the promoter group no longer holds any equity shares, voting rights, or encumbrances in New Light Industries Limited.

The company, formerly known as New Light Apparels Limited, continues to be listed on BSE Limited, with its share capital structure remaining intact despite the significant change in promoter shareholding pattern.