Regency Ceramics Limited has secured a major legal victory with the Hon'ble Principal District Court, Puducherry delivering a favorable judgment in the company's ongoing case against National Insurance Company Ltd. The court order, pronounced on April 06, 2026, represents a significant development for the ceramics manufacturer.

Court Judgment Details

The Principal District Court, Puducherry has partly allowed the petition filed by the company, resulting in a favorable modification of the arbitral award. The court's decision has substantial financial implications for Regency Ceramics.

Financial Impact

The court's ruling has modified the arbitral award to a substantial amount in favor of Regency Ceramics. This represents a significant financial development for the company.

The remaining portion of the original award has been confirmed along with proportionate costs, further strengthening the company's position in this legal matter.

Regulatory Compliance

Regency Ceramics has promptly disclosed this development in compliance with regulatory requirements. The company filed the disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency with stakeholders and market participants.

The disclosure was signed by Satyendra Prasad Narala, Managing Director & CFO, emphasizing the significance of this legal victory for the company's operations and financial standing.

Business Implications

According to the company's regulatory filing, this favorable court judgment will have a positive impact on Regency Ceramics' financial position. The substantial award amount represents a significant boost to the company's financial resources and validates its legal position in the dispute with National Insurance Company Ltd.

This legal victory demonstrates the company's commitment to protecting its interests through proper legal channels and highlights the successful resolution of a complex commercial dispute that had been ongoing since 2022.

Regency Ceramics Limited has successfully concluded its postal ballot process, with shareholders approving two key resolutions related to material related party transactions. The company announced the results on April 1, 2026, following the completion of the e-voting process on March 28, 2026.

Postal Ballot Overview

The postal ballot was conducted exclusively through e-voting, in accordance with regulatory requirements and MCA circulars. The process was supervised by Mr. Nagaraju Varukuti (Membership No. A56337), a Practicing Company Secretary from Nagaraju & Associates, who was appointed as scrutinizer on February 12, 2026.

Resolution Details and Voting Results

Both resolutions pertained to related party transactions with Ms. Radhika Prasad Narala, who serves as a Promoter and Non-Executive Director of the company. The voting demonstrated strong shareholder support across both proposals.

Resolution 1: Material Related Party Transactions Approval

The first ordinary resolution sought approval for material related party transactions with Ms. Radhika Prasad Narala.

Resolution 2: Ratification of Related Party Transactions

The second ordinary resolution focused on approving and ratifying related party transactions with the same promoter.

Participation and Compliance

The e-voting process saw participation from 123 members representing 3,604,708 votes, which constituted 13.63% of the total outstanding shares. Notably, promoter and promoter group members abstained from voting on both resolutions, as is customary for related party transactions involving interested parties.

The company maintained full compliance with regulatory requirements, including:

• Section 108 of the Companies Act, 2013
• Rule 20 of the Companies (Management and Administration) Rules, 2014
• Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Documentation and Transparency

The scrutinizer's report and detailed voting results have been made available on the company's website at www.regencyceramics.in and on the e-voting agency's portal at www.evotingindia.com . The postal ballot notice was initially dispatched on February 26, 2026, providing shareholders with comprehensive information about the proposed transactions.

The successful completion of this postal ballot process demonstrates strong shareholder confidence in Regency Ceramics Limited's governance practices and the proposed related party transactions with Ms. Radhika Prasad Narala.