Spice Islands Industries Limited has filed its quarterly compliance certificate with BSE Limited, fulfilling regulatory obligations under SEBI (Depositories and Participants) Regulations, 2018. The submission, dated April 09, 2026, covers the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company submitted the confirmation certificate pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. This regulatory requirement ensures proper oversight of securities dematerialisation processes and maintains transparency in depository operations.

Registrar Confirmation

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, serves as the company's registrar and share transfer agent. The registrar issued the confirmation certificate on April 3, 2026, certifying compliance with dematerialisation procedures.

The certificate confirms that securities received from depository participants for dematerialisation during Q4FY26 were properly processed. MUFG Intime verified that all security certificates received were mutilated and cancelled after due verification by the depository participant, with depositories' names substituted in the register of members within prescribed timelines.

Corporate Information

Spice Islands Industries Limited, earlier known as Spice Islands Apparels Limited, maintains its registered office at Unit No. 3043-3048, 3rd Floor, Bhandup Industrial Estate, Mumbai. The company secretary and compliance officer Arti Lalwani signed the submission document, ensuring proper corporate governance protocols.

The filing represents routine regulatory compliance, demonstrating the company's commitment to maintaining proper securities handling procedures and adhering to SEBI guidelines for depository operations.

Spice Islands Industries Limited has received trading approval from BSE for 19,33,324 equity shares allotted through conversion of warrants issued on preferential basis. The company informed the exchange about the approval through a regulatory filing under Regulation 30 of SEBI Listing Regulations on March 20, 2026.

Share Allotment Details

The newly allotted equity shares carry specific parameters as outlined by BSE in their approval letter:

Trading and Lock-in Provisions

BSE has confirmed that the shares will be listed and permitted for trading with effect from Monday, March 23, 2026. The exchange issued Notice No. 20260320-16 dated March 20, 2026, informing trading members about the new securities listing.

The shares are subject to lock-in restrictions as mandated by regulatory requirements:

Regulatory Compliance

The company has fulfilled all necessary compliance requirements for the warrant conversion and subsequent share allotment. BSE's approval letter LOD/PREF/SV/342/2025-2026 dated March 20, 2026, confirms that all application submissions were satisfactory.

The newly issued shares rank pari-passu with the existing equity shares of the company, providing equal rights and privileges to the allottees. This warrant conversion represents a significant corporate action for Spice Islands Industries Limited, adding substantial equity capital to its existing share base.

Company Information

Spice Islands Industries Limited, formerly known as Spice Islands Apparels Limited, operates from its registered office at Unit No. 3043-3048, 3rd Floor, Bhandup Industrial Estate, Mumbai. The company trades on BSE under scrip code 526827.