PG Foils Limited has received a regulatory compliance certificate from Bigshare Services Pvt Ltd, confirming adherence to SEBI depositories regulations for the quarter ended March 31, 2026. The certificate was issued under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Confirmation

Bigshare Services Pvt Ltd, acting as the SEBI registered Category I Registrar & Transfer Agent, issued the compliance certificate dated March 31, 2026. The certificate confirms that all securities received from depository participants for dematerialization up to March 31, 2026 were properly confirmed to the depositories.

Dematerialization Process Verification

The certificate confirms that securities comprised in the certificates have been listed on the stock exchange where previously issued securities are listed. Bigshare Services verified that all security certificates received for dematerialization were mutilated and cancelled after due verification by the depository participant.

The registrar confirmed that depositories' names have been substituted in the register of members as registered owners within the mandated 15-day period of receipt of certificate of securities. This compliance ensures proper maintenance of shareholder records in accordance with SEBI regulations.

About the Registrar

Bigshare Services Pvt Ltd operates as a SEBI registered Category I Registrar & Transfer Agent from its office in Ahmedabad, Gujarat. The company provides registrar and transfer agent services, ensuring compliance with securities market regulations and maintaining accurate shareholder records for listed companies.

PG Foils Limited has announced a substantial acquisition of shares by its promoter group entity, with Foils India Laminates Private Limited purchasing additional equity shares through open market transactions. The acquisition, completed on March 25, 2026, represents a strategic increase in the promoter group's stake in the aluminum foil manufacturing company.

Acquisition Details

The transaction involved the purchase of 2,00,000 equity shares with a face value of ₹10 each, representing 1.69% of the company's total share capital. The acquisition was executed through open market purchases, demonstrating the promoter group's confidence in the company's prospects.

Shareholding Pattern Changes

The acquisition has resulted in a significant change in the promoter group's shareholding pattern. Prior to this transaction, Foils India Laminates Private Limited held 14,01,639 shares, representing 11.88% of the total voting capital.

Regulatory Compliance and Disclosure

PG Foils Limited has fulfilled its regulatory obligations by filing comprehensive disclosures under SEBI regulations. The company submitted detailed intimations under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, providing complete transparency regarding the transaction.

The regulatory filing includes detailed breakdowns of shareholding patterns before and after the acquisition, confirming that no encumbrances, voting rights other than equity shares, or convertible securities were involved in the transaction. The disclosure also confirms that no warrants or other instruments entitling the acquirer to receive additional voting rights were part of this acquisition.

Corporate Structure and Authorization

Foils India Laminates Private Limited is confirmed as a promoter group entity of PG Foils Limited. The acquisition was authorized by Pushpendra Kumar Mewara, Director (DIN: 07108625), who signed the disclosure documents on behalf of the acquiring entity from Pipalia Kalan, Beawar.

The shares of PG Foils Limited are listed on BSE Limited, where all regulatory filings have been submitted to ensure compliance with market regulations and transparency requirements. The transaction strengthens the promoter group's position in the company while maintaining full compliance with all applicable securities regulations and disclosure requirements.