Sri Lakshmi Saraswathi Textiles Submits Q4FY26 Dematerialization Compliance Certificate to BSE

1 min read     Updated on 08 Apr 2026, 11:04 PM
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Sri Lakshmi Saraswathi Textiles (Arni) Limited has submitted its Q4FY26 confirmation certificate under SEBI Regulation 74(5) to BSE, covering dematerialization activities from January 1, 2026 to March 31, 2026. The certificate confirms that all required details of securities dematerialized and rematerialized during this period have been furnished to relevant stock exchanges. Cameo Corporate Services Limited, the company's registrar, has also confirmed compliance with all dematerialization procedures and regulatory requirements within stipulated timeframes.

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Sri Lakshmi Saraswathi Textiles (Arni) Limited has fulfilled its regulatory compliance obligations by submitting the required confirmation certificate under Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations 2018 to BSE Limited for the quarter ended March 31, 2026.

Regulatory Compliance Submission

The company submitted its confirmation certificate dated April 08, 2026, to BSE Limited, certifying that all required details of securities dematerialized and rematerialized during the period from January 1, 2026 to March 31, 2026 have been properly furnished to all stock exchanges where the company's shares are listed.

Parameter Details
Company Code 521161
ISIN INE456D01010
Reporting Period January 1, 2026 – March 31, 2026
Certificate Date April 08, 2026
Reference Number RO/MS/SEC# 050 /2025-26

Registrar Confirmation

Cameo Corporate Services Limited, serving as the registrar and transfer agent, has provided additional confirmation regarding the dematerialization process. The registrar confirmed that:

  • Securities received from depository participants for dematerialization during the quarter were properly confirmed to the depositories
  • All security certificates have been listed on stock exchanges where previously issued securities are traded
  • Physical security certificates received for dematerialization have been mutilated and cancelled after due verification
  • Names of depositories have been substituted in the register of members as registered owners within stipulated time limits

Corporate Governance

The submission was authorized by D. Krishnamoorthy, Company Secretary of Sri Lakshmi Saraswathi Textiles (Arni) Limited, demonstrating the company's commitment to maintaining proper corporate governance standards and regulatory compliance.

This routine compliance filing ensures transparency in the company's share dematerialization activities and maintains adherence to SEBI regulations governing depositories and participants in the Indian securities market.

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How might the company's consistent regulatory compliance impact investor confidence and institutional investment interest in the coming quarters?

What potential changes to SEBI's dematerialization regulations could affect Sri Lakshmi Saraswathi Textiles' compliance processes in 2026-27?

Could the company's strong governance practices position it favorably for inclusion in ESG-focused investment portfolios or indices?

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Sri Lakshmi Saraswathi Textiles Reports Q3FY26 Loss Amid Revenue Decline and Asset Revaluation

2 min read     Updated on 12 Feb 2026, 02:45 PM
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Sri Lakshmi Saraswathi Textiles (Arni) Limited reported Q3FY26 results showing a net loss of ₹488.47 lakhs against ₹546.97 lakhs in Q3FY25, while revenue declined 20.64% to ₹2,113.91 lakhs. The company conducted a major asset revaluation exercise worth ₹28,767.74 lakhs, resulting in significant Other Comprehensive Income of ₹19,962.02 lakhs. However, auditors raised concerns about going concern uncertainty and statutory dues defaults totaling over ₹147 lakhs.

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Sri Lakshmi Saraswathi Textiles (Arni) Limited announced its unaudited financial results for the third quarter and nine months ended 31st December 2025. The Chennai-based textile company reported operational challenges with declining revenues and continued losses, though showing some improvement compared to the previous year.

Financial Performance Overview

The company's financial performance for Q3FY26 reflected mixed results with reduced losses but declining revenues:

Metric Q3FY26 Q3FY25 Change
Revenue from Operations ₹2,113.91 lakhs ₹2,663.89 lakhs -20.64%
Other Income ₹8.13 lakhs ₹28.82 lakhs -71.79%
Total Income ₹2,122.04 lakhs ₹2,692.71 lakhs -21.20%
Net Loss ₹488.47 lakhs ₹546.97 lakhs -10.69%
Basic EPS ₹-14.66 ₹-16.41 Improved

For the nine-month period ended 31st December 2025, the company showed improvement in loss reduction:

Parameter 9M FY26 9M FY25 Variance
Total Revenue ₹6,710.79 lakhs ₹7,378.62 lakhs -9.05%
Net Loss ₹1,195.80 lakhs ₹1,693.59 lakhs -29.39%
Basic EPS ₹-35.88 ₹-50.82 Improved

Expense Analysis

The company's expense structure for Q3FY26 showed variations across different categories. Cost of materials consumed stood at ₹1,281.01 lakhs compared to ₹1,868.01 lakhs in Q3FY25. Employee benefit expenses increased to ₹506.32 lakhs from ₹490.81 lakhs year-on-year. Finance costs decreased to ₹165.54 lakhs from ₹184.08 lakhs, while power and fuel expenses reduced to ₹409.27 lakhs from ₹460.91 lakhs in the corresponding quarter.

Asset Revaluation Exercise

A significant development during the quarter was the company's comprehensive asset revaluation exercise conducted by an independent registered valuer:

Asset Class Pre-Revaluation Value Revaluation Surplus Post-Revaluation Value
Land ₹21.85 lakhs ₹23,888.85 lakhs ₹23,910.70 lakhs
Buildings ₹216.65 lakhs ₹3,420.35 lakhs ₹3,637.00 lakhs
Plant & Machinery ₹961.46 lakhs ₹1,458.54 lakhs ₹2,420.00 lakhs
Total ₹1,199.96 lakhs ₹28,767.74 lakhs ₹29,967.70 lakhs

The revaluation resulted in Other Comprehensive Income of ₹19,962.02 lakhs (net of ₹8,805.72 lakhs deferred tax liability), significantly impacting the total comprehensive income for the quarter.

Auditor Concerns and Statutory Issues

The statutory auditors raised several concerns in their limited review report. They highlighted going concern uncertainty due to accumulated losses of ₹9,195.89 lakhs as of 31st March 2025 and continued negative net worth. The auditors also noted defaults in statutory dues including:

  • Employees' Provident Fund: ₹124.23 lakhs (including interest and penalties)
  • Employee State Insurance: ₹10.55 lakhs (including interest and penalties)
  • Tax Deducted at Source: ₹12.59 lakhs (including interest)

Subsequent to the quarter end, the company remitted ₹9.19 lakhs towards PF and ₹2.03 lakhs towards ESI.

Management Response

The management expressed optimism about future performance, citing recent efforts to reduce cash losses and expecting benefits from government initiatives including FTAs with EU and USA, along with Budget 2026 provisions. The company assured that outstanding statutory dues would be cleared in the ensuing quarter and that the garments division, which recently started operations, would regularize statutory deductions from the current quarter onwards.

The Board of Directors approved these results in their meeting held on 12th February 2026, with the meeting commencing at 11:30 AM and concluding at 12:15 PM.

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