Riddhi Display Equipments Limited Files SEBI Declaration on Promoter Holdings for FY26

Riddhi Display Equipments Limited has filed its mandatory annual declaration with BSE Limited under SEBI's substantial acquisition and takeover regulations for the financial year ended March 31, 2026. The submission ensures compliance with regulatory requirements for companies regarding promoter shareholding disclosures.

Regulatory Compliance Declaration

The company submitted its declaration under Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on April 04, 2026. Managing Director Shaileshbhai Ratibhai Pipaliya, holding DIN 00832768, signed the declaration on behalf of the promoter group.

Promoter Holdings Details

The declaration provides specific details about the promoter group's shareholding position and compliance status:

Parameter:	Details
Promoter Holdings:	61,71,174 Equity Shares
Position Date:	March 31, 2026
Encumbrance Status:	No encumbrances made
Declaration Period:	Financial Year ended March 31, 2026
Authorized Signatory:	Shaileshbhai Ratibhai Pipaliya (PAN: ADDPP8684R)

Corporate Governance Framework

Shaileshbhai Ratibhai Pipaliya, serving as both Managing Director and promoter, submitted the declaration as an authorized representative of the entire promoter group. The declaration confirms that no direct or indirect encumbrance of shares occurred during the financial year, maintaining transparency in shareholding patterns.

Regulatory Submission Process

The declaration was formally submitted to BSE Limited's Department of Corporate Services at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai. The company also copied the Audit Committee at its registered office located at Plot No.1, Survey No.2/1 P4/P2, National Highway-27 Gondal Highway, Village Bhojpara, Rajkot, Gondal, Gujarat.

This annual filing represents standard corporate governance practice, ensuring stakeholders have current information about promoter shareholding positions and any changes in encumbrance status during the reporting period.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.99%	+36.21%	-9.78%	-57.38%	-57.38%	-57.38%

Riddhi Display Equipments Limited has announced the resignation of Mr. Chand Rameshbhai Kanabar from his position as Independent Director, effective March 28, 2026. The company informed BSE Limited about this development under Regulation 30 of SEBI (LODR) Regulations, 2015.

Resignation Details

Mr. Kanabar submitted his resignation letter on March 23, 2026, citing personal reasons for his departure from the board. The company has accepted his resignation with effect from March 28, 2026, after the closing of business hours. In his resignation letter, Mr. Kanabar confirmed that there are no other material reasons for his resignation beyond the personal reasons stated.

Particulars:	Details
Director Name:	Mr. Chand Rameshbhai Kanabar
DIN:	10706050
Resignation Date:	March 23, 2026
Effective Date:	March 28, 2026
Reason:	Personal reasons

Committee Positions

With his resignation, Mr. Kanabar will cease to hold several key positions within the company's governance structure. He served as Chairman of multiple committees and was also a member of the IPO Committee.

Committee:	Position
Audit Committee:	Chairman
Nomination and Remuneration Committee:	Chairman
Stakeholders Relationship Committee:	Chairman
IPO Committee:	Member

Other Directorships

As disclosed in the resignation documentation, Mr. Kanabar holds directorships in other listed entities with significant committee responsibilities.

Company Name:	Position	Committee Roles	Shareholding
Golden Sparrow Consultancy Private Limited:	Non-Executive Director	NA	50%
Accretion Pharmaceuticals Limited:	Independent Director	Audit, NRC, SRC - Chairman	Nil
Curis Lifesciences Limited:	Independent Director	Audit - Member, NRC & SRC - Chairman	Nil

Regulatory Compliance

The resignation has been processed in accordance with Regulation 30(6) read with Para A(7) of Part A of Schedule III of the SEBI Listing Regulations and SEBI Circular No SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company's Managing Director, Shailesh Ratilal Pipaliya, signed the intimation letter to BSE, ensuring proper regulatory disclosure of this board change.

Mr. Kanabar expressed gratitude to the Board, management, and fellow directors for their support and cooperation during his tenure, wishing the company continued success in the future.