Rushil Decor Limited Submits Quarterly Demat Compliance Certificate for Q4 FY26

1 min read     Updated on 09 Apr 2026, 05:55 PM
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Rushil Decor Limited submitted its quarterly compliance certificate for Q4 FY26 to NSE and BSE under SEBI regulations. The company's registrar confirmed that all shares remain in demat form with no rematerialization or dematerialization requests received during the quarter ended March 31, 2026, making the regulation non-applicable for this period.

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Rushil Decor Limited has filed its quarterly compliance certificate with the National Stock Exchange of India and BSE Limited for the quarter ended March 31, 2026, as required under SEBI regulations.

Regulatory Compliance Submission

The company submitted the certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 on April 9, 2026. Company Secretary Hasmukh K. Modi signed the submission letter, which was addressed to both stock exchanges where the company's shares are listed.

Exchange Details: Information
NSE Symbol: RUSHIL
BSE Scrip Code: 533470
Submission Date: April 9, 2026
Quarter Ended: March 31, 2026

Certificate Details from Registrar

Bigshare Services Pvt Ltd, the company's Registrar and Share Transfer Agent, issued the confirmation certificate dated March 31, 2026. The registrar confirmed that Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 is not applicable to Rushil Decor Limited for the quarter ended March 31, 2026.

Key Findings

The certificate highlighted several important aspects of the company's shareholding pattern:

  • The entire holding of the company's shares are in demat form
  • No requests were received from any members for rematerialization during the quarter
  • No requests were received for dematerialization during the quarter ended March 31, 2026
  • The reporting period covered December 31, 2025 to March 31, 2026

Company Information

Rushil Decor Limited operates in the decorative materials sector, dealing in laminates, MDF, PVC, and plywood products. The company's corporate office is located at Rushil House, Near Neelkanth Green Bungalow, Off Sindhu Bhavan Road, Shilaj, Ahmedabad, while its registered office is situated in Gandhinagar district, Gujarat.

Regulatory Framework

This submission aligns with SEBI's regulatory framework under the Depositories and Participants Regulations, which replaced the earlier 1996 regulations. The quarterly certificate ensures transparency in the dematerialization and rematerialization processes of listed companies' securities.

Historical Stock Returns for Rushil Decor

1 Day5 Days1 Month6 Months1 Year5 Years
+0.47%-2.79%-5.73%-45.15%-31.28%-21.32%

How might Rushil Decor's complete dematerialization of shares impact its liquidity and trading volumes in upcoming quarters?

What strategic initiatives is Rushil Decor planning in the decorative materials sector given the current market consolidation trends?

Will the company's focus on laminates and MDF products position it well for the expected growth in India's housing and infrastructure sectors?

Rushil Decor Limited Announces Technological Upgradation at Mansa Manufacturing Unit

1 min read     Updated on 02 Apr 2026, 02:01 AM
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Rushil Decor Limited announced technological upgradation at its Mansa manufacturing unit, replacing steam boiler system with Thermic Fluid Heater technology. The transition aims to improve fuel efficiency, reduce water consumption, and enhance product quality through automation. Plant shutdown until April 20, 2026 may result in estimated sales loss of Rs. 4 crores, while other manufacturing units continue normal operations.

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Rushil decor Limited has announced a significant technological upgradation at its laminate sheet manufacturing unit located in Mansa, Gujarat. The company informed stock exchanges on April 01, 2026, about this strategic initiative under Regulation 30 of the SEBI (LODR) Regulations.

Technological Transition Details

The company has decided to discontinue its existing steam boiler system, which was being used for two press machines, and replace it with a Thermic Fluid Heater system. The new system, which is presently used for the third press, will cater to all existing presses, including the two presses currently operated through the steam boiler.

Parameter: Details
Location: Mansa, Gujarat
System Being Replaced: Steam boiler system
New Technology: Thermic Fluid Heater system
Equipment Coverage: All press machines
Shutdown Period: Until approximately April 20, 2026

Expected Benefits and Improvements

The technological transition is expected to deliver multiple operational and environmental advantages:

  • Improved fuel efficiency through advanced heating technology
  • Reduction in water consumption compared to steam boiler operations
  • Enhanced overall plant efficiency across manufacturing processes
  • Better product quality and productivity of laminate sheets
  • Operational safety improvements through automation features
  • Reduced manpower dependency via auto-feeding mechanisms

The new Thermic Fluid Heater system enables automation through auto-feeding mechanisms, replacing the manual feeding system used in the steam boiler configuration.

Impact Assessment and Operations

The technological upgradation affects specific manufacturing units while maintaining continuity in other operations:

Affected Units: Impact
Jumbo size laminated sheet unit (Mansa): Temporary shutdown
RHPL laminate sheet unit (Mansa): Temporary shutdown
Dholakuva manufacturing unit: No impact - continues operations
Mansa GIDC manufacturing unit: No impact - continues operations

Financial Impact

To implement the technological changes, the affected plant will remain temporarily shut down until approximately April 20, 2026. The company estimates a sales loss of approximately Rs. 4 crores during this shutdown period.

Financial Parameter: Amount
Estimated Sales Loss: Rs. 4 crores
Shutdown Duration: Until April 20, 2026

The company clarified that its other two manufacturing units located at Dholakuva and Mansa GIDC in Gujarat will continue their operations without any interruption, ensuring business continuity during the upgradation period.

Historical Stock Returns for Rushil Decor

1 Day5 Days1 Month6 Months1 Year5 Years
+0.47%-2.79%-5.73%-45.15%-31.28%-21.32%

How will the improved fuel efficiency and operational benefits translate into cost savings and margin improvements for Rushil Decor in the coming quarters?

Will the company consider implementing similar Thermic Fluid Heater systems at its other manufacturing units in Dholakuva and Mansa GIDC?

What impact might the enhanced product quality and productivity have on Rushil Decor's competitive positioning in the laminate sheet market?

More News on Rushil Decor

1 Year Returns:-31.28%