Shervani Industrial Syndicate Schedules 344th Board Meeting on May 18, 2026 to Approve Q4FY26 Audited Financial Results

Shervani Industrial Syndicate has notified BSE Limited of its upcoming Board of Directors meeting, scheduled to be held on Monday, May 18, 2026. The intimation was issued pursuant to Regulation 29(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Details

The 344th Meeting of the Board of Directors is set to convene at 4:00 P.M. at the company's registered address at 2, Kanpur Road, New Cantonment, Prayagraj - 211001. The key agenda for the meeting is outlined below:

Parameter:	Details
Meeting Number:	344th Board of Directors Meeting
Scheduled Date:	Monday, May 18, 2026
Time:	4:00 P.M.
Venue:	2, Kanpur Road, New Cantonment, Prayagraj - 211001
Agenda:	Consideration and approval of Standalone & Consolidated Audited Financial Statements
Period Under Review:	Quarter and year ended March 31, 2026

The outcome of the Board meeting will be disseminated to the stock exchanges after the conclusion of the meeting, in accordance with the applicable provisions of the Listing Regulations.

Trading Window Closure

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company's internal Insider Trading Code, the Trading Window for dealing in the securities of the company has been closed. This restriction applies to Directors, Key Managerial Personnel, and other Designated Persons, including their immediate relatives.

Key details of the Trading Window closure are as follows:

Closure Date: April 1, 2026
Applicable Persons: Directors, Key Managerial Personnel, Designated Persons, and their immediate relatives
Reopening: 48 hours after the declaration of the Audited Financial Statements for the quarter and year ended March 31, 2026

The intimation was signed by Shravan Kumar Shukla, Company Secretary, on behalf of Shervani Industrial Syndicate.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-5.43%	0.0%	0.0%	0.0%	0.0%	+38.60%

Shervani industrial syndicate Limited has filed a disclosure with BSE Limited confirming that the SEBI circular on debt securities issuance by large entities does not apply to the company. The communication, dated April 15, 2026, addresses the regulatory requirements under SEBI Circular No. SEBI/HO/DDHS/DDHS-POD1/P/CIR/2023/172.

Regulatory Compliance Status

The company has provided a detailed assessment of its position regarding the SEBI circular requirements. As of March 31, 2026, the company's compliance status shows a mixed picture across different criteria.

Criteria	Status	Details
Clause 3.2(a)	Met	Company meets the framework condition
Clause 3.2(b)	Not Met	Outstanding long-term borrowing below Rs. 1000 crores
Clause 3.2(c)	Not Met	Does not meet specified credit rating requirements

SEBI Circular Background

The referenced SEBI circular, issued on October 19, 2023, pertains to fund raising through issuance of debt securities by large entities. The circular establishes specific criteria that companies must meet for the regulations to become applicable, including borrowing thresholds and credit rating requirements.

Company Communication

The disclosure was signed by Company Secretary Shrawan Kumar Shukla and submitted to the General Manager-Listing Department of Corporate Services at BSE Limited. The company has requested BSE to take this information on record for regulatory compliance purposes.

Implications

Since the company does not meet all the specified criteria under the SEBI circular, particularly the borrowing threshold of Rs. 1000 crores and credit rating conditions, the debt securities issuance framework does not apply to Shervani Industrial Syndicate Limited at this time.