Borana Weaves Limited has disclosed to stock exchanges that search proceedings were initiated by the SEBI Special Judge at its promoter group entity premises under regulatory compliance requirements. The company filed the disclosure on April 25, 2026, pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Search Operation Details

The search proceedings were conducted under Section 11C (9) of the Securities and Exchange Board of India Act, 1992, following an order passed by the Special Judge of SEBI. The operations took place at multiple locations connected to the promoter group entity.

The search covered premises of R & B Denims Limited, which is identified as the promoter group entity in Borana Weaves Limited's Red Herring Prospectus. Additionally, the proceedings extended to premises of certain promoters and the Chief Financial Officer of R & B Denims Limited.

Company Clarifications

Borana Weaves Limited emphasized several key points regarding the search proceedings:

• No search was conducted at the registered office of Borana Weaves Limited
• The search was specifically targeted at the promoter group entity and related individuals
• Based on currently available information, there is no material impact on the company's financials
• Business operations remain unaffected by the search proceedings
• No impact reported on other company activities

Regulatory Compliance Status

The company has committed to promptly inform stock exchanges of any material developments requiring disclosure under SEBI Listing Regulations. This disclosure was signed by Ankur Mangilal Borana, Executive Director and Chief Executive Officer, from the company's Surat location.

Forward Compliance Commitment

Borana Weaves Limited stated that in the event of any material developments requiring disclosure under the SEBI Listing Regulations, the company will promptly inform the stock exchanges in accordance with applicable regulatory provisions. The company has provided all required details under Clause 19 of Para A of Part A of Schedule III of the SEBI Listing Regulations as part of its regulatory filing.

Borana Weaves Limited has submitted its quarterly compliance certificate to stock exchanges for the quarter ended March 31, 2026, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The textile company filed the mandatory certificate with both the National Stock Exchange of India Limited and BSE Limited on April 9, 2026.

Regulatory Compliance Details

The certificate was issued in compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. KFin Technologies Limited, serving as the company's Registrar and Share Transfer Agent, provided the confirmation certificate for the reporting quarter.

Certificate Confirmation

The registrar confirmed that no demat or remat requests were processed during the quarter ended March 31, 2026. This confirmation is a standard regulatory requirement that companies must fulfill quarterly to maintain compliance with SEBI depositories regulations.

Company Leadership and Filing

The submission was made by Ankur Mangilal Borana, Executive Director and Chief Executive Officer of Borana Weaves Limited, who digitally signed the filing documents. The certificate was filed from the company's location in Surat.

Registrar Information

KFin Technologies Limited, with its operations center in Hyderabad and registered office in Mumbai, continues to serve as the registrar and share transfer agent for Borana Weaves Limited. The certificate was signed by Dnyanesh Gharote, Vice President at KFin Technologies Limited, confirming the quarterly compliance status.