Surbhi Industries Limited has filed its mandatory annual disclosure under SEBI takeover regulations with the Bombay Stock Exchange Limited for the financial year ended March 31, 2026. The disclosure was submitted on April 6, 2026, fulfilling regulatory compliance requirements under the substantial acquisition framework.

Regulatory Compliance Details

The company submitted the disclosure under regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. This annual filing is mandatory for listed companies to maintain transparency regarding promoter shareholding and any encumbrances on shares held by promoters and persons acting in concert.

Key Declaration by Promoters

In the disclosure, the promoters declared that they, along with persons acting in concert, have not made any encumbrance over the shares directly or indirectly during the financial year ended March 31, 2026, other than those previously declared. This confirmation provides transparency to investors regarding the status of promoter shareholding and any potential restrictions or charges on their holdings.

Corporate Information

Surbhi Industries Limited operates from its registered office located at 'Surbhi House', Khatodara, Ring Road, Surat, Gujarat. The company holds ISO 9001, 14001, and 45001 certifications, demonstrating its commitment to quality management, environmental management, and occupational health and safety standards.

Management Authorization

The disclosure was authorized and digitally signed by Ravjibhai Parbatbhai Patel, Managing Director of the company (DIN 00023332). The filing was made on behalf of all promoters of Surbhi Industries Limited, ensuring comprehensive coverage of the regulatory requirement. The disclosure was also copied to the company's Audit Committee as part of internal governance protocols.

Surbhi Industries Limited has successfully conducted its independent directors meeting on March 20, 2026, fulfilling regulatory requirements under SEBI LODR Regulations 2015 and the Companies Act 2013. The meeting was held at the company's registered office in Surat, Gujarat, as part of the mandatory annual review process for the Financial Year 2025-26.

Meeting Agenda and Key Deliberations

The independent directors convened to address three critical areas of corporate governance during their separate meeting. The comprehensive review process covered multiple aspects of board effectiveness and organizational oversight.

Regulatory Compliance Framework

The meeting was conducted pursuant to Regulation 25(3) of the Securities and Exchange Board of India (LODR) Regulations, 2015, read with Schedule IV of the Companies Act, 2013. This regulatory framework mandates separate meetings of independent directors to ensure robust corporate governance practices and maintain board independence.

The independent directors focused on assessing whether the board receives necessary information to effectively and reasonably perform their duties. This evaluation is crucial for maintaining transparency and ensuring that board members have access to relevant data for informed decision-making.

Corporate Governance Assessment

During the session, independent directors conducted a thorough performance review covering both individual and collective board effectiveness. The evaluation process included examining the chairman's leadership while incorporating perspectives from both executive and non-executive directors.

The assessment of information flow between company management and the board represents a critical component of corporate governance. This review ensures that directors receive timely, relevant, and comprehensive information necessary for effective oversight and strategic decision-making.

Meeting Conclusion and Documentation

Managing Director Ravjibhai Patel, holding DIN 00023332, digitally signed the meeting documentation, confirming the completion of all regulatory requirements. The company has duly informed BSE Limited about the meeting outcomes, maintaining transparency with stakeholders and regulatory authorities.

The successful completion of this independent directors meeting demonstrates Surbhi Industries Limited's commitment to maintaining high standards of corporate governance and regulatory compliance for the Financial Year 2025-26.