Nivaka Fashions Limited has filed its mandatory annual disclosure under SEBI regulations for the financial year ended March 31, 2026. The submission was made to BSE Limited and Metropolitan Stock Exchange of India Limited on April 2, 2026, in compliance with regulatory requirements for substantial shareholding disclosures.

Regulatory Compliance Filing

The disclosure was submitted under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Managing Director Mr. Bhavin Jain (DIN: 00741604) filed the declaration on behalf of the promoter group, ensuring compliance with mandatory annual reporting requirements.

Promoter Holdings Declaration

The key details of the promoter holdings as disclosed in the filing are:

Mr. Bhavin Jain, acting as the promoter representative, declared that the promoter group held 2,51,52,532 equity shares of Nivaka Fashions Limited as of March 31, 2026. Importantly, the declaration confirmed that no encumbrance of shares was made, either directly or indirectly, during the entire financial year ended March 31, 2026.

Stock Exchange Communications

The company submitted identical disclosures to multiple exchanges to ensure comprehensive regulatory compliance. The filing was addressed to BSE Limited (Scrip Code: 542206) and Metropolitan Stock Exchange of India Limited (MCX-SX Symbol: BTSYN), along with the company's audit committee.

Corporate Governance

This annual disclosure represents part of Nivaka Fashions Limited's ongoing commitment to regulatory compliance and corporate governance standards. The timely submission of the declaration within the prescribed timeframe demonstrates adherence to SEBI's substantial acquisition and takeover regulations, providing transparency regarding promoter shareholding patterns to investors and regulatory authorities.

Nivaka Fashions Limited has successfully secured Central Government approval to relocate its registered office from West Bengal to Maharashtra, marking a significant milestone in the company's corporate restructuring initiative. The approval comes after the company had already obtained necessary clearances from its Board of Directors and shareholders for this strategic move.

Corporate Office Relocation Details

The company has provided detailed information about the office transition in its regulatory filing dated 05-03-2026. The relocation involves shifting the registered office from its current location in Kolkata to a new address in Maharashtra.

Regulatory Compliance and Implementation

The company has clarified that while Central Government approval has been obtained, the change in registered office will become effective only upon approval and registration of e-Form INC-22 by the Registrar of Companies. This regulatory requirement ensures complete compliance with corporate governance norms and legal procedures for interstate office relocations.

Corporate Structure and Leadership

Nivaka Fashions Limited operates under CIN L52100WB1983PLC035857 and maintains its corporate office at Harihar Corporation in Bhiwandi, Thane. The company's Managing Director, Mr. Bhavin Jain (DIN: 00741604), has signed the regulatory communication confirming the approval receipt.

Market Presence

The company maintains its market presence through listings on multiple exchanges, with scrip code 542206 on BSE Limited and symbol NIVAKA on Metropolitan Stock Exchange of India Limited. This registered office relocation represents a strategic corporate decision that aligns the company's legal domicile with its operational base in Maharashtra.

The successful receipt of Central Government approval demonstrates the company's commitment to regulatory compliance while pursuing its corporate restructuring objectives. The final implementation awaits the completion of remaining regulatory formalities with the Registrar of Companies.