Sawaliya Food Products confirms SDD compliance for FY26

1 min read     Updated on 01 Jun 2026, 09:58 PM
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AI Summary

Sawaliya Food Products Limited secured the SDD compliance certificate for FY26, validating its adherence to SEBI PIT Regulations. The company captured two events and maintained a manual database, with plans to implement SDD software soon.

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Sawaliya Food Products Limited has confirmed compliance with the Structured Digital Database (SDD) requirements for the financial year ended March 31, 2026, adhering to Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The company submitted the compliance certificate to the National Stock Exchange of India Ltd, certified by a Practicing Company Secretary, verifying the maintenance of the digital database for recording Unpublished Price Sensitive Information (UPSI). This certification ensures the company has met regulatory standards for monitoring and controlling access to sensitive information.

The certification confirms that Sawaliya Food Products maintained a Structured Digital Database with controls over access and an audit trail. The system captured the nature of UPSI along with the date and time, ensuring records are non-tamperable and maintained for 8 years. During the financial year, the company was required to capture two events, both of which were successfully recorded in the database.

Pallavi Bhagat, the Practicing Company Secretary, noted that while the company was compliant, it maintained the requisite database manually using an MS Excel file. The timestamping process was conducted manually, and required notices were communicated to the recipients of UPSI. The company is currently in the process of implementing dedicated SDD software to automate these processes.

Compliance Aspect Status
SDD Implementation In place
Access Control Exists
UPSI Capture Complete for previous quarter/financial year
Audit Trail Maintained
Record Retention 8 years
Events Captured in FY26 02

The submission was made in pursuance of the Standard Operating Process under SEBI (PIT) Regulations, 2015, specifically referencing NSE Circular No: NSE/CML/31 dated October 18, 2024. The Managing Director, Raghav Somani, signed the submission to the exchange. The transition to SDD software is expected to enhance the robustness of the company's compliance infrastructure.

Historical Stock Returns for Sawaliya Food Products

1 Day5 Days1 Month6 Months1 Year5 Years
+2.04%-6.25%+1.10%-2.55%+19.09%+19.09%

What is the specific timeline for the full implementation of the dedicated SDD software?

How will the transition to automated software impact the company's operational efficiency and compliance costs?

Will the adoption of the new SDD software influence the company's internal governance policies beyond SEBI requirements?

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Sawaliya Food Products appoints Shraddha Soni as internal auditor for FY26

1 min read     Updated on 01 Jun 2026, 09:52 PM
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Sawaliya Food Products Limited has appointed Mrs. Shraddha Soni as Internal Auditor for FY26 and FY27. The Board approved the appointment on May 30, 2026, under Regulation 30 of SEBI Listing Regulations. Soni is a CA with 12 years of experience in audit and taxation.

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Sawaliya Food Products Limited has appointed Mrs. Shraddha Soni as its Internal Auditor for the financial years 2025-26 and 2026-27. The Board of Directors approved the appointment during a meeting held on May 30, 2026, strengthening the company's governance framework for the upcoming fiscal periods.

The appointment was made in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The decision was read in conjunction with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The Board meeting commenced at 02:00 p.m. and concluded at 05:30 p.m. on the same day.

Mrs. Shraddha Soni is a qualified Chartered Accountant with over 12 years of comprehensive experience in audit, accounting, and taxation. Her expertise includes conducting statutory audits, tax audits, financial statement finalization, and ensuring compliance with regulatory requirements. This extensive background positions her to effectively oversee the company's internal audit functions.

Appointment Details

The following table outlines the key details regarding the new appointment:

Details Information
Name Mrs. Shraddha Soni
Designation Internal Auditor
Date of Appointment May 30, 2026
Term Financial years 2025-26 and 2026-27
Reason for Change Appointment

The information was submitted to the National Stock Exchange of India Ltd by Raghav Somani, Managing Director of Sawaliya Food Products Limited. The company, formerly known as Sawaliya Food Products Private Limited, is headquartered in Madhya Pradesh.

Historical Stock Returns for Sawaliya Food Products

1 Day5 Days1 Month6 Months1 Year5 Years
+2.04%-6.25%+1.10%-2.55%+19.09%+19.09%

How will Mrs. Soni's appointment influence Sawaliya Food Products' internal control mechanisms and risk management strategies?

What specific audit priorities or areas of improvement is the company targeting for the 2025-26 and 2026-27 fiscal years?

Could this appointment signal upcoming changes in the company's financial reporting or compliance frameworks?

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1 Year Returns:+19.09%