Suditi Industries Ltd has submitted its quarterly compliance certificate to the Bombay Stock Exchange, fulfilling regulatory requirements under SEBI's depositories and participants regulations. The submission, dated April 08, 2026, covers the quarter ended March 31, 2026.

Regulatory Compliance Submission

The company submitted the compliance certificate under Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. The certificate was received from MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, which serves as the company's Registrar and Share Transfer Agent.

Certificate Confirmation Details

MUFG Intime India Private Limited confirmed that securities received from depository participants for dematerialisation during the quarter ended March 31, 2026 were properly processed. The registrar confirmed that all securities were accepted or rejected to the depositories and that the securities comprised in the certificates have been listed on stock exchanges where the company's earlier issued securities are listed.

The compliance certificate also confirms that security certificates received for dematerialisation were mutilated and cancelled after due verification by the depository participant. The names of the depositories have been substituted in the register of members as the registered owner within the prescribed timelines.

Corporate Information

Suditi Industries Ltd operates from its administrative office located at C-3/B, M.I.D.C., T.T.C. Industrial Area, Pawne Village, Turbhe, Navi Mumbai. The submission was signed by Director Pawan Agarwal, who holds DIN 00808731. The company maintains its registered office at C-253/254, MIDC, TTC Industrial Area, Pawne Village, Turbhe, Navi Mumbai.

Suditi Industries Ltd. has successfully completed a significant preferential allotment on March 31, 2026, raising substantial capital through equity shares and warrants. The company's board of directors approved the allotment following member approval at an Extra-Ordinary General Meeting held on January 16, 2026, and in-principal approval from BSE Limited on March 16, 2026.

Equity Share Allotment Details

The company allotted 5,39,800 equity shares at Rs. 59.12 per share to five non-promoter investors, generating total proceeds of Rs. 3,19,12,976. Each equity share carries a face value of Rs. 10.00 with a premium of Rs. 49.12.

The major allottees include Ishita Tanted and Sanjay Thakur - HUF, each receiving 1,90,500 shares worth Rs. 1,12,62,360. Sushil R Gadia and Sunil R Gadia were each allocated 63,500 shares valued at Rs. 37,54,120, while Abhishek Sancheti received 31,800 shares worth Rs. 18,80,016.

Warrant Issuance Structure

Simultaneously, the company issued 14,68,897 warrants at Rs. 59.12 per warrant, with a total issue size of Rs. 8,68,41,190.64. The warrant structure follows a two-stage payment mechanism where allottees paid 25% upfront and will pay the remaining 75% upon conversion.

Revised Additional Warrant Allotment

In a subsequent development on April 2, 2026, the company's board approved a revised allotment of 29,703 warrants to Nitu Ashish Bansal, a non-promoter investor. This supplementary allotment was made at the same price of Rs. 59.12 per warrant, aggregating to Rs. 17,56,041.36.

Key Allottee Distribution

The original warrant allotment was distributed among eight non-promoter investors, with Roshni Lakhani Maheshwari receiving the largest allocation of 5,00,000 warrants worth Rs. 73,90,000. Ishita Tanted was allocated 3,81,000 warrants valued at Rs. 56,31,180, while Anil Harichand Lakhani received 2,00,000 warrants worth Rs. 29,56,000. The remaining warrants were distributed among Sushil R Gadia (1,27,000 warrants), Sunil R Gadia (1,27,000 warrants), Abhishek Sancheti (63,600 warrants), Sailesh Bansilal Kukreja (50,000 warrants), and Nitu Ashish Bansal (20,297 warrants).

Conversion Terms and Lock-in Period

The warrants are convertible into fully paid-up equity shares within 18 months from the allotment date. Each warrant converts into one equity share upon payment of the exercise price of Rs. 44.34. Both the allotted equity shares and warrants will be subject to lock-in provisions as per SEBI regulations. The newly issued equity shares rank pari-passu with existing shares in all respects.

Regulatory Compliance

The allotment was conducted in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and the Companies Act, 2013. The company has made all required disclosures under Regulation 30 of SEBI Listing Regulations and will update its website with relevant information. If warrant holders fail to exercise their conversion rights within the specified period, the warrants will lapse and the upfront amounts will be forfeited.