Osiajee texfab Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st March 2026. The submission demonstrates the company's adherence to mandatory disclosure norms for listed entities.

Regulatory Compliance Filing

The compliance certificate was filed on 07.04.2026 under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. Managing Director Reema Saroya digitally signed the document, ensuring proper authorization and authentication of the regulatory submission.

Share Transfer Agent Confirmation

Satellite Corporate Services Pvt. Ltd., serving as the company's Category-I Registrar and Share Transfer Agent, issued a corresponding certificate on 06.04.2026. The agent confirmed compliance with regulatory requirements regarding physical share certificate handling and dematerialization processes.

The certificate specifically states that no physical certificates were received for dematerialization during the quarter ended 31st March 2026. This indicates minimal physical-to-electronic share conversion activity during the period.

Company Information

Regulatory Framework

Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 mandates quarterly certification regarding physical share certificates received for dematerialization. The regulation ensures transparency in the conversion process from physical to electronic form and maintains accurate records of securities handling.

The compliance filing reinforces Osiajee Texfab Limited's commitment to regulatory adherence and transparent corporate governance practices. The timely submission of required certificates demonstrates the company's focus on meeting all statutory obligations within prescribed timeframes.

Osiajee texfab Limited has announced the withdrawal of its proposed preferential issue of warrants, citing unfavorable market conditions as the primary reason for discontinuing the capital raising initiative.

Withdrawal Details

The company had proposed to issue up to 50,00,000 warrants convertible into equity shares to private investors on a preferential basis under the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.

Timeline of Events

The proposed preferential issue had progressed through several key milestones before its eventual withdrawal:

The company had submitted an application for in-principle approval to BSE Limited, but did not receive the required approval under Regulation 28(1) of SEBI LODR Regulations.

Market Conditions Impact

In its communication to BSE Limited, the company stated that prevailing market conditions and current market dynamics are not favorable for proceeding with the issue at present. This assessment led to the decision to withdraw the proposed preferential issue entirely.

Business Impact Assessment

OsiAjee Texfab Limited has provided assurance regarding the withdrawal's impact on its operations:

• No material impact expected on business operations
• Financial stability to remain unaffected
• Alternative capital raising avenues may be explored as required
• Stakeholders will be informed of future developments

Regulatory Compliance

The withdrawal announcement was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring proper disclosure to stakeholders and regulatory authorities. The company emphasized its commitment to keeping stakeholders informed about any future capital raising initiatives that may be undertaken to support business requirements.