Orbit Electricals confirms no encumbrance on Finolex Industries shares in FY26

0 min read     Updated on 26 May 2026, 05:43 AM
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Orbit Electricals Private Limited declared no encumbrance on Finolex Industries Limited shares for FY26 under SEBI regulations. The disclosure was sent to NSE and BSE.

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Orbit Electricals Private Limited has confirmed that it, along with persons acting in concert, has not created any encumbrance on the equity shares of Finolex Industries Limited during the financial year ended March 31, 2026. The declaration was submitted to the stock exchanges to ensure compliance with regulatory requirements regarding shareholding disclosures.

The disclosure was made pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters and persons acting in concert to declare whether they have encumbered any shares held by them during the relevant financial year.

Orbit Electricals addressed the declaration to the Listing Departments of the National Stock Exchange of India Limited and BSE Limited. The communication was signed by Meena D'Sa, Authorised Signatory, on behalf of Orbit Electricals Private Limited.

The filing confirms that the promoters and persons acting in concert have not pledged or otherwise encumbered their holdings in Finolex Industries Limited during FY26. A copy of the declaration was also marked to the Audit Committee of Finolex Industries Limited.

Historical Stock Returns for Finolex Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+7.74%+15.72%+11.45%+4.02%-14.13%+12.21%

Will the absence of share encumbrance encourage Orbit Electricals to increase its stake in Finolex Industries in the coming quarters?

How might this clean holding status impact Finolex Industries' ability to secure future financing or corporate loans?

Could this disclosure signal a shift in Orbit Electricals' long-term strategy regarding its investment in Finolex Industries?

Finolex Industries Submits SEBI Compliance Certificate for Q4FY26

1 min read     Updated on 04 Apr 2026, 04:10 PM
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Finolex Industries Limited filed its quarterly compliance certificate under SEBI Regulation 74(5) for Q4FY26 on April 4, 2026. KFin Technologies Limited, the company's registrar, certified that dematerialization details were properly furnished to stock exchanges. The submission to NSE and BSE demonstrates regulatory compliance and transparency in securities operations.

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Finolex Industries Limited has submitted its quarterly compliance certificate under SEBI regulations, confirming adherence to depositories and participants regulations for the quarter ended March 31, 2026. The submission demonstrates the company's commitment to maintaining regulatory compliance in securities market operations.

Regulatory Compliance Certificate

The company filed a certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 with stock exchanges on April 4, 2026. This regulatory requirement ensures proper disclosure of securities dematerialization and rematerialization activities during the reporting period.

Parameter: Details
Reporting Period: Quarter ended March 31, 2026
Certificate Date: April 1, 2026
Filing Date: April 4, 2026
Regulation: SEBI Regulation 74(5)
Issuing Authority: KFin Technologies Limited

Registrar and Transfer Agent Certification

KFin Technologies Limited, serving as the Registrar and Share Transfer Agent for Finolex Industries, issued the compliance certificates dated April 1, 2026. The certificates were addressed to both National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL), confirming that all required details of securities dematerialized and rematerialized during the quarter have been furnished to stock exchanges.

Bhaskar Roy, Deputy Vice President at KFin Technologies Limited, signed the certificates on behalf of the registrar. The certification process ensures transparency in securities transactions and maintains investor confidence in the depository system.

Stock Exchange Submissions

The compliance certificate was submitted to both major Indian stock exchanges where Finolex Industries shares are listed. The submissions were made to:

  • National Stock Exchange of India Limited (NSE) - Symbol: FINPIPE
  • BSE Limited - Scrip Code: 500940

Company Secretary and Head Legal Dakshinamurthy Iyer signed the submission letter on behalf of Finolex Industries, ensuring proper authorization and compliance with corporate governance requirements.

Regulatory Framework

Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 mandates that registrars and transfer agents provide quarterly certificates confirming the furnishing of dematerialization and rematerialization details to stock exchanges. This regulation forms part of SEBI's comprehensive framework to ensure transparency and proper record-keeping in securities market operations.

The timely submission of this certificate reflects Finolex Industries' adherence to regulatory requirements and its commitment to maintaining compliance with securities market regulations.

Historical Stock Returns for Finolex Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+7.74%+15.72%+11.45%+4.02%-14.13%+12.21%

Will SEBI introduce additional compliance requirements for depositories and participants in the upcoming regulatory review cycle?

How might Finolex Industries' consistent regulatory compliance impact its ESG ratings and institutional investor interest?

Could KFin Technologies Limited's role as registrar expand to include additional digital compliance services for listed companies?

More News on Finolex Industries

1 Year Returns:-14.13%