Srivasavi Adhesive Tapes Secures ₹50,04,936 Export Order, Marks Entry into Kuwait Market

2 min read     Updated on 12 May 2026, 09:15 AM
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Srivasavi Adhesive Tapes Limited secured an export order worth ₹50,04,936 (USD 53,244) from Engineering Industries Factory, Kuwait, through its wholly owned subsidiary Aneel Coating and Polymers Pvt. Ltd., for supply of Glu10 VACUUM MD PVC Membrane Adhesive within 30 days. The disclosure, made under Regulation 30 of SEBI LODR Regulations dated 11 May 2026, marks the company's entry into the Kuwait market with no related-party implications.

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Srivasavi Adhesive Tapes Limited has secured an export order worth ₹50,04,936 (USD 53,244) through its wholly owned subsidiary, Aneel Coating and Polymers Pvt. Ltd., from Engineering Industries Factory, Kuwait. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and is dated 11 May 2026. This development marks the company's entry into the Kuwait market.

Order Details

The export order involves the supply of high-performance adhesive and coating solutions to the Kuwaiti buyer. The following table summarises the key parameters of the order:

Parameter: Details
Order Value: ₹50,04,936 (USD 53,244)
Buyer: Engineering Industries Factory, Kuwait
Supplier (Wholly Owned Subsidiary): Aneel Coating and Polymers Pvt. Ltd.
Product: Glu10 VACUUM MD PVC Membrane Adhesive
Quantity: 540 carboys (10,800 kg net)
Execution Period: Within 30 days
Application: PVC membrane bonding in furniture and interior décor industry
Disclosure Date: 11 May 2026

The product, Glu10 VACUUM MD PVC Membrane Adhesive, is described as a premium-grade adhesive engineered specifically for PVC membrane bonding applications in the furniture and interior décor industry. The order has been confirmed as an international contract, with no related-party transaction implications and no promoter or promoter group interest in the awarding entity.

Management Commentary

Commenting on the development, Mr. Aneel D.N., Managing Director of Srivasavi Adhesive Tapes Limited, stated:

"This export order to Kuwait is a significant milestone for Aneel Coating and Polymers. It reflects the international acceptance of our glu10 VACUUM MD formula and validates our manufacturing standards against global benchmarks. We look forward to building a long-term relationship with Engineering Industries Factory and expanding our footprint across the Middle East."

About Srivasavi Adhesive Tapes Limited

Srivasavi Adhesive Tapes Limited manufactures technical adhesive tapes at its facilities in Bangalore and Vadodara, operating across 5 units spread across Baroda and Bengaluru. The company's product portfolio includes technical adhesive tapes, die-cuts, labels, and decals made from film, fabric, felt, foil, foam, and paper. Key highlights of the company's operational profile include:

  • Reach: Presence across 21 Indian states and 27 countries
  • Manufacturing: 5 units equipped with 9+ coating lines, converting machines, and advanced R&D facilities
  • Product Range: Over 300 SKUs, including import-substitute products
  • R&D: Division equipped with more than 50 different testing instruments
  • Brand: "DOLLAR" brand established in the industrial and technical tapes segment
  • Business Model: B2B focus serving aerospace, railways, automotive, renewables, and infrastructure sectors

The company operates on green energy sources and its Unit 3 Pivot Facility enables in-house production of PSAs (rubber, water-based, hotmelt), specialty sealants (butyl and silicone), and polymer systems including emulsions and PU foam.

Quality Certifications

Certification: Details
ISO 9001:2015 TÜV Nord–certified for design and manufacture of specialty self-adhesive tapes & die-cuts (Units 1 & 2)
IATF 16949:2016 Automotive-grade quality management system
ISO 14000 Certified environmental management system (In Progress)

The Kuwait export order underscores the company's strategy of expanding its international footprint and growing its presence in the Middle East through its subsidiary entities.

Historical Stock Returns for Srivasavi Adhesive Tapes

1 Day5 Days1 Month6 Months1 Year5 Years
+2.63%+0.86%+13.04%-4.10%-9.30%+39.29%

Could this initial Kuwait order serve as a gateway to larger, repeat contracts with Engineering Industries Factory or other buyers in the GCC region, and what is the company's targeted revenue from Middle East exports over the next 2-3 years?

How does Srivasavi plan to scale manufacturing capacity at Aneel Coating and Polymers to meet potential demand growth if Middle East orders accelerate beyond current production capabilities?

Are there any regulatory, tariff, or logistics challenges specific to exporting specialty adhesive products to Gulf Cooperation Council (GCC) countries that could impact the company's margin profile on international orders?

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Srivasavi Adhesive Tapes Promoters Confirm Zero Share Encumbrance for FY26 Under SEBI Takeover Regulations

1 min read     Updated on 08 May 2026, 10:35 AM
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D N Anilkumara, Promoter and Managing Director of Srivasavi Adhesive Tapes Limited, filed an annual disclosure on 03 April 2026 with the National Stock Exchange of India confirming no encumbrance was created on the company's shares during the financial year ended 31 March 2026. The declaration, made under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, covers promoters, promoter group members, and persons acting in concert. The filing was digitally signed by Dasa Nagaraja Anilkumara, Managing Director and Promoter, with DIN 02779362.

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Srivasavi Adhesive Tapes Limited has filed an annual disclosure with the National Stock Exchange of India confirming that its promoters have not created any encumbrance on the company's shares during the financial year ended 31 March 2026. The filing was submitted on 03 April 2026 by D N Anilkumara, Promoter and Managing Director of the company.

Regulatory Disclosure Under SEBI Takeover Regulations

The disclosure has been made pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Under this regulatory framework, promoters are required to submit an annual declaration confirming the encumbrance status of their shareholding in the company.

The key details of the filing are summarised below:

Parameter: Details
Filing Date: 03 April 2026
Exchange: National Stock Exchange of India Ltd.
Regulation: Regulation 31(4) & 31(5), SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Financial Year Covered: Year ended 31 March 2026
Nature of Declaration: No encumbrance on shares
Filed By: D N Anilkumara, Promoter & Managing Director
DIN: 02779362

Scope of the Declaration

The declaration confirms that D N Anilkumara, along with other promoters, members of the promoter group, and persons acting in concert (PACs) holding shares in Srivasavi Adhesive Tapes Limited, have not made any encumbrance, directly or indirectly, on the shares of the company during the financial year ended 31 March 2026. The filing has been addressed to the Manager at the National Stock Exchange of India Ltd., Bandra-Kurla Complex, Mumbai.

Signatory Details

The disclosure has been digitally signed and submitted by Dasa Nagaraja Anilkumara in his capacity as Managing Director and Promoter of the company, on behalf of the promoters, promoter group, and persons acting in concert of Srivasavi Adhesive Tapes Limited. The digital signature was recorded on 03 April 2026 at 11:33:18 IST.

Historical Stock Returns for Srivasavi Adhesive Tapes

1 Day5 Days1 Month6 Months1 Year5 Years
+2.63%+0.86%+13.04%-4.10%-9.30%+39.29%

How has Srivasavi Adhesive Tapes' promoter shareholding pattern evolved over the past three years, and does the clean encumbrance record signal confidence in future capital-raising plans?

Could the absence of promoter share encumbrance position Srivasavi Adhesive Tapes more favorably for potential institutional investor interest or index inclusion in the near term?

What expansion or capital expenditure plans does Srivasavi Adhesive Tapes have for FY2027 that could influence whether promoters might consider pledging shares as collateral in the future?

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1 Year Returns:-9.30%