Pasupati Acrylon Limited has submitted its quarterly certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st March, 2026. The textile manufacturer filed the mandatory compliance certificate with both BSE and NSE on April 6, 2026.

Quarterly Compliance Certificate

Company Secretary and Compliance Officer Bharat Kapoor submitted the certificate to both stock exchanges, ensuring adherence to SEBI depositories regulations. The filing includes a certificate from MCS Share Transfer Agent Limited, the company's Registrar and Transfer Agent, confirming compliance with dematerialization requirements.

Registrar Certification

MCS Share Transfer Agent Limited issued the certificate confirming compliance with SEBI regulations for the quarter. The registrar certified that within 15 days of receipt of securities for dematerialization, the securities were properly listed on stock exchanges and certificates were duly verified, mutilated, and cancelled with the depository's name substituted as the registered owner.

Stock Exchange Communication

The company communicated the certificate to both major Indian stock exchanges where it is listed:

Regulatory Framework

The certificate filing under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 is a mandatory quarterly requirement for listed companies. This ensures transparency in the dematerialization process and confirms proper handling of securities by the company's registrar and transfer agent.

The company also copied the certificate to National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL), maintaining comprehensive regulatory compliance across all relevant authorities.

Pasupati Acrylon Limited has announced a temporary shutdown of its acrylic fiber plant operations due to supply chain disruptions caused by geopolitical tensions in the Middle East. The company informed stock exchanges about this development on March 24, 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Plant Shutdown Details

The temporary shutdown affects the company's acrylic fiber manufacturing operations, which have been suspended from March 24, 2026. The shutdown is expected to continue until the first half of April 2026, depending on when raw material shipments arrive at the plant.

Supply Chain Disruption

The shutdown stems from significant delays in raw material shipments, which are arriving 15-20 days behind schedule. The company attributed these delays to the ongoing war in the Middle East region, which has created logistics disruptions preventing vessels carrying raw materials from reaching their destination on time.

The absence of essential raw materials at the plant has made it impossible to continue manufacturing operations, forcing the temporary closure of the acrylic fiber production facility.

Regulatory Compliance

Pasupati Acrylon Limited has fulfilled its disclosure obligations by notifying both major stock exchanges about the operational disruption:

• BSE Limited (Stock Code: 500456)
• National Stock Exchange of India Limited (Stock Code: PASUPTAC)

The notification was signed by Bharat Kapoor, Company Secretary & Compliance Officer (Membership No. A54267), ensuring proper regulatory compliance under SEBI guidelines.

Future Operations

The company has committed to keeping stock exchanges informed about the resumption of manufacturing operations. The timeline for restarting production depends entirely on the arrival of raw material vessels, which are currently delayed due to the geopolitical situation affecting shipping routes in the Middle East region.

Once raw materials reach the plant and normal supply chains are restored, Pasupati Acrylon Limited will resume its acrylic fiber manufacturing operations and provide appropriate updates to the exchanges.