SEBI warns Viyash Scientific over SDD maintenance gaps

1 min read Updated on 09 Jul 2026, 03:04 AM

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Riya DScanX News Team

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Viyash Scientific Limited disclosed receiving an administrative warning letter from SEBI concerning the maintenance of its Structured Digital Database (SDD) between June 26, 2024, and October 18, 2024. The regulator noted observations regarding the completeness of information in the SDD under the Prohibition of Insider Trading Regulations. The company stated the warning has no impact on its financial or operational activities.

*this image is generated using AI for illustrative purposes only.

Viyash Scientific Limited received an administrative warning letter from the Securities and Exchange Board of India (SEBI) regarding lapses in maintaining its Structured Digital Database (SDD) for a four-month period in 2024. The regulator identified gaps in the completeness of information maintained in the database, which is mandated under the SEBI (Prohibition of Insider Trading) Regulations, 2015. The company confirmed that the observation does not have any financial, operational, or other material impact on its activities.

The administrative warning, dated July 01, 2026, was issued by the Deputy General Manager of SEBI. It specifically addresses the maintenance of the SDD under Regulation 3(5) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, read with Para 3(a) of the Company's Code of Conduct for Prohibition of Insider Trading. The non-compliance period spans from June 26, 2024, to October 18, 2024.

Viyash Scientific received the communication on July 07, 2026, via email from the National Stock Exchange of India Limited. The disclosure was made to the stock exchanges in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The following table details the regulatory action:

Sr No	Particulars	Details
1.	Name of the authority	Securities and Exchange Board of India
2.	Nature and details of the action taken	An administrative warning letter was received by the Company from the Deputy General Manager, SEBI, in relation to an observation pertaining to the maintenance of SDD under Regulation 3(5) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, read with Para 3(a) of the Company's Code of Conduct for Prohibition of Insider Trading, for the period June 26, 2024, to October 18, 2024.
3.	Date of receipt of direction or order	The administrative warning letter dated July 01, 2026, has been received by the Company on July 07, 2026, through email from NSE at 05.04 p.m.
4.	Details of the violation(s)/ contravention(s)	Same as point 2 above.
5.	Impact on financial, operation or other activities	There is no impact on financials, operations or other activities of the Company on account of above.

Historical Stock Returns for Viyash Scientific

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.36%	-3.33%	+12.70%	+47.72%	+51.06%	+5.06%

What specific internal controls has Viyash Scientific implemented to prevent future lapses in the Structured Digital Database maintenance?

Could this administrative warning signal a broader review of the company's compliance framework by SEBI?

How might this regulatory observation influence investor confidence in the company's governance standards?

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Viyash Scientific appoints directors, approves CEO incentive

1 min read Updated on 30 Jun 2026, 04:15 AM

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Riya DScanX News Team

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Viyash Scientific Limited appointed Mr. Amit Jain and Mr. Abhiroop Jayanthi as Non-Executive, Non-Independent Directors and approved a performance incentive for CEO Rajaram Narayanan through a postal ballot that concluded on June 28, 2026. The resolutions were passed with a requisite majority, with the special resolution for the incentive securing 98.79% approval. The e-voting process, scrutinized by Nishant Darak & Associates, saw 71.06% participation.

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Viyash Scientific Limited has appointed Mr. Amit Jain and Mr. Abhiroop Jayanthi as Non-Executive, Non-Independent Directors following a postal ballot process that concluded on June 28, 2026. Additionally, the shareholders approved a one-time performance incentive for Mr. Rajaram Narayanan, Whole-time Director and CEO-Animal Health. The resolutions were passed with the requisite majority pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The postal ballot sought shareholder consent on three items of business. The appointments of Mr. Jain (DIN: 06917608) and Mr. Jayanthi (DIN: 10354445) were passed as ordinary resolutions. The approval for the performance incentive to Mr. Narayanan (DIN: 02977405) was passed as a special resolution. Nishant Darak & Associates, Practicing Company Secretary, acted as the scrutinizer for the e-voting process.

The remote e-voting commenced on May 30, 2026, and concluded on June 28, 2026. A total of 310,436,603 votes were polled, representing 71.06% of the total outstanding shares. The detailed voting results for each resolution are summarized below:

Resolution	Votes For	Votes Against	% For	% Against
Appointment of Mr. Amit Jain	310,435,025	1,578	99.99	0.00
Appointment of Mr. Abhiroop Jayanthi	310,435,407	1,142	99.99	0.00
Performance incentive for Mr. Rajaram Narayanan	306,693,757	3,742,825	98.79	1.21

The special resolution regarding the performance incentive received 98.79% votes in favour, with 1.21% voting against it. Public institutions and non-institutions participated in the voting, with the promoter group voting entirely in favour of all resolutions. The scrutinizer's report confirmed that the voting process was conducted in a fair and transparent manner in accordance with the Companies Act, 2013 and the SEBI Listing Regulations.

Historical Stock Returns for Viyash Scientific