Sarla Performance Fibers Limited has formally notified stock exchanges about an upcoming Board of Directors meeting scheduled for Wednesday, April 22, 2026. The meeting, convened under Regulation 29(1) & (2) of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, will address several significant corporate matters for the financial year ended March 31, 2026.

Key Agenda Items

The board meeting will focus on four primary areas of business consideration:

Share Buyback Proposal

The company will deliberate on a share buyback proposal for its fully paid-up equity shares having a face value of ₹1 (Rupee one only) each. This proposal will be considered in accordance with:

• Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018
• Companies Act, 2013 and associated rules
• Other applicable regulatory frameworks

Trading Window Restrictions

In compliance with insider trading regulations, Sarla Performance Fibers has implemented mandatory trading restrictions. The trading window for designated persons and their immediate relatives has been closed with effect from April 1, 2026. The window will reopen 48 hours after the audited financial results for the quarter and financial year ended March 31, 2026 become generally available to the public.

Regulatory Compliance

The meeting notification has been submitted to both major stock exchanges where the company is listed. The formal communication was signed by Mustafa Manasawala, Company Secretary & Compliance Officer, ensuring adherence to SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company's internal Code of Conduct for Prohibition of Insider Trading.

The comprehensive agenda reflects the company's commitment to transparent corporate governance and regulatory compliance as it concludes the financial year 2026.

Sarla Performance Fibers Limited has filed its Annual Secretarial Compliance Report for the financial year ended March 31, 2026, with BSE and NSE exchanges. The report, mandated under Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, was prepared by practicing company secretary CS Swati Gupta.

Regulatory Compliance Overview

The secretarial audit examined the company's compliance with various SEBI regulations including LODR Regulations 2015, Substantial Acquisition of Shares and Takeovers Regulations 2011, and Prohibition of Insider Trading Regulations 2015. The review covered all filings, submissions to stock exchanges, and corporate governance practices during FY26.

Stock Exchange Clarifications

The report identified four instances where stock exchanges sought clarifications from the company during the review period:

Technical Filing Corrections

The most significant clarification involved BSE's query regarding face value figures in the September 2025 quarterly results. The company explained that the XBRL instance document incorrectly reflected the aggregate paid-up equity share capital amount of ₹835.03 Lakhs instead of the unit face value of Re. 1 per share. This technical error was promptly corrected through a revised XBRL submission.

Previous Year Follow-up

The report also addressed a pending matter from the previous year regarding a Corporate Governance Report filing delay for the June 2023 quarter. NSE had imposed a penalty of Rs. 58,000 plus 18% GST, against which the company filed a waiver application by paying Rs. 11,800. The response to this waiver application remains pending with the stock exchange.

Compliance Status Assessment

The secretarial audit confirmed the company's adherence to key compliance requirements:

• Secretarial Standards: Full compliance with applicable ICSI standards
• Policy Framework: Timely adoption and updates of SEBI-mandated policies
• Website Maintenance: Functional website with proper document disclosures
• Director Qualifications: No disqualification issues under Companies Act 2013
• Related Party Transactions: Proper audit committee approvals obtained

Audit Scope and Limitations

CS Swati Gupta noted that the audit focused on regulatory compliance verification rather than financial record accuracy. The report serves the specific purpose of Regulation 24A(2) compliance and does not constitute an assurance regarding the company's future viability or management effectiveness.

The company operates from multiple locations including its registered office and Works 1 at Silvassa, along with additional manufacturing facilities in Dadra and Vapi, Gujarat. The secretarial compliance report reinforces the company's commitment to maintaining regulatory standards while addressing technical filing challenges through prompt corrective measures.