Niraj Ispat Industries Submits SDD Compliance Certificate for FY Ended March 31, 2026
Niraj Ispat Industries Limited submitted its SDD Compliance Certificate to the NSE on May 15, 2026, for the financial year ended March 31, 2026, as required under SEBI (Prohibition of Insider Trading) Regulations, 2015. The certificate, issued by Practising Company Secretary Vivek Kumar of V Kumar and Associates, confirmed that the company's Structured Digital Database was compliant, non-tamperable, and capable of retaining records for 8 years. The company successfully captured two required events during the year, and no non-compliances were reported for the period.

*this image is generated using AI for illustrative purposes only.
Niraj Ispat Industries Limited has filed its annual Structured Digital Database (SDD) Compliance Certificate with the National Stock Exchange of India, covering the financial year ended March 31, 2026. The submission was made on May 15, 2026, pursuant to Regulation 3(5) and 3(6) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 (PIT Regulations). The filing was signed by Chaitanya Chaudhry, Director cum CEO of the company, on behalf of Niraj Ispat Industries Limited.
Compliance Certificate Details
The compliance certificate was issued by Vivek Kumar, Practising Company Secretary at V Kumar and Associates, New Delhi, and is dated May 14, 2026. The certificate confirms that the company has fulfilled all prescribed requirements related to the maintenance of its Structured Digital Database for the year ended March 31, 2026.
The following key compliance points were certified:
- The company has a Structured Digital Database in place.
- Access controls exist to regulate who can access the SDD.
- All Unpublished Price Sensitive Information (UPSI) disseminated during the previous quarter or year has been captured in the database.
- The system has captured the nature of UPSI along with the date and time of each entry.
- The database has been maintained internally with an audit trail.
- The database is non-tamperable and has the capability to maintain records for 8 years.
Event Capture and Non-Compliance Status
The certifying company secretary confirmed that Niraj Ispat Industries was required to capture two events during the year ended March 31, 2026, and has successfully captured both required events. No non-compliances were observed during the previous quarter or financial year.
| Parameter: | Details |
|---|---|
| Certificate Date: | May 14, 2026 |
| Filing Date: | May 15, 2026 |
| Financial Year: | Ended March 31, 2026 |
| Certifying Authority: | Vivek Kumar, Practising Company Secretary |
| Firm: | V Kumar and Associates, New Delhi |
| Membership No.: | F8976 |
| COP No.: | 10438 |
| UDIN: | F008976H000363473 |
| Required Events Captured: | Two |
| Non-Compliances Reported: | None |
Regulatory Framework
The submission is in accordance with the annual compliance requirement under the SEBI (Prohibition of Insider Trading) Regulations, 2015, which mandates listed companies to maintain a Structured Digital Database for recording details of persons with whom UPSI is shared. The filing was directed to the Manager at the NSE Corporate Office, Exchange Plaza, Bandra Kurla Complex, Mumbai.
Historical Stock Returns for Niraj Ispat Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.24% | -8.53% | +2.74% | -4.97% | -22.65% | +19.03% |
How might Niraj Ispat Industries' consistent SDD compliance record influence investor confidence and institutional interest in the company's stock going forward?
With only two UPSI events captured during FY2026, what potential corporate actions or material developments could increase the frequency of such events in the coming financial year?
As SEBI continues to tighten insider trading regulations, how might future amendments to the PIT Regulations 2015 impact the compliance burden for mid-sized steel companies like Niraj Ispat Industries?


























