Suryavanshi Spinning Mills Submits Regulatory Compliance Certificate for Q4FY26

1 min read     Updated on 08 Apr 2026, 04:35 AM
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Suryavanshi Spinning Mills Limited has submitted its mandatory compliance certificate under SEBI Regulation 74(5) for Q4FY26 ended March 31, 2026. The certificate, issued by registrar KFIN Technologies Limited on April 1, 2026, confirms that details of securities dematerialized and rematerialized during the period have been properly furnished to all stock exchanges where the company's shares are listed. Managing Director Rajender Kumar Agarwal submitted the documentation to BSE Limited on April 7, 2026, ensuring continued regulatory compliance.

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Suryavanshi Spinning Mills Limited has completed its regulatory compliance requirements by submitting the mandatory certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The submission was made to BSE Limited on April 7, 2026, by Managing Director Rajender Kumar Agarwal.

Regulatory Compliance Details

The certificate submission pertains to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, covering the quarter and year ended March 31, 2026. The company's registrar and share transfer agent, KFIN Technologies Limited, issued the certificate dated April 1, 2026.

Parameter: Details
Regulation: SEBI Regulation 74(5)
Period Covered: Quarter & Year ended March 31, 2026
Certificate Date: April 1, 2026
Submission Date: April 7, 2026
Registrar: KFIN Technologies Limited

Certificate Confirmation

KFIN Technologies Limited, serving as the registrar to an issue and share transfer agent, certified that the details of securities dematerialized and rematerialized during the specified period have been furnished to all stock exchanges where the company's shares are listed. The certificate was signed by Praveen Chaturvedi, Senior Vice President at KFIN Technologies Limited.

The certification process involved communication with both major depositories in India:

  • Central Depository Services (India) Limited (CDSL)
  • National Securities Depository Limited (NSDL)

Company Information

Suryavanshi Spinning Mills Limited operates as a Government Recognised Export House with its registered office located at Surya Towers, 6th Floor, 105, S.P Road, Secunderabad – 500 003, Telangana. The company holds CIN: L14220TG1978PLC002390 and maintains its corporate compliance through proper regulatory submissions.

Significance of Compliance

This quarterly submission demonstrates the company's adherence to SEBI regulations governing depositories and participants. The certificate ensures transparency in the dematerialization and rematerialization process of securities, maintaining investor confidence and regulatory compliance standards required for listed companies.

Historical Stock Returns for Suryaamba Spinning Mills

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How might the company's export performance be affected by global textile market trends in the upcoming quarters?

What impact could potential changes to SEBI regulations have on the company's future compliance costs and processes?

Will Suryavanshi Spinning Mills consider expanding its operations or capacity given its Government Recognised Export House status?

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India Ratings Withdraws Credit Rating for Suryaamba Spinning Mills' Bank Facilities Worth INR 445.74 Million

1 min read     Updated on 14 Mar 2026, 03:35 PM
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India Ratings & Research has withdrawn its credit rating for Suryaamba Spinning Mills Limited's bank loan facilities worth INR 445.74 million following the company's formal request and receipt of a no dues certificate from lenders. The Nagpur-based textile manufacturer, which operates 52,180 spindles for specialty synthetic yarn production, disclosed this material event under SEBI regulations. The rating withdrawal follows established protocols and removes the agency's obligation to maintain ongoing rating coverage for these facilities.

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Suryaamba Spinning Mills Limited has announced that India Ratings & Research Private Limited (Ind-Ra) has withdrawn its credit rating for the company's bank loan facilities. The withdrawal was processed at the company's request and follows standard procedures outlined in Ind-Ra's Policy on Withdrawal of Ratings.

Rating Withdrawal Details

The rating withdrawal encompasses bank loan facilities with specific parameters and historical performance:

Parameter Details
Facility Type Bank Loan Facilities
Size of Issue INR 445.74 million
Rating Action Withdrawn (WD)
Withdrawal Date March 14, 2026
Reason Company request with no dues certificate

Rationale for Rating Withdrawal

India Ratings & Research stated that it is no longer required to maintain the rating following the formal withdrawal request. The agency received both a withdrawal request from Suryaamba Spinning Mills and a no dues certificate from the lenders, which aligns with Ind-Ra's established Policy on Withdrawal of Ratings. This process ensures that rating withdrawals follow proper protocols and documentation requirements.

Rating History and Performance

The bank loan facilities had maintained consistent ratings over recent periods:

Date Long-term Rating Short-term Rating Outlook
April 07, 2025 IND BBB IND A3+ Negative
February 07, 2024 IND BBB IND A3+ Negative
January 24, 2023 IND BBB IND A3+ Stable

Company Operations

Suryaamba Spinning Mills Limited, incorporated in 2007, operates as a manufacturer of specialty synthetic spun yarn. The company's primary manufacturing facility is located in Nayakund, Nagpur, featuring an installed capacity of 52,180 spindles. This operational setup positions the company within India's textile manufacturing sector, focusing on synthetic yarn production.

Regulatory Compliance

The company disclosed this material event under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Kriti Ladha signed the disclosure document, ensuring proper regulatory compliance and transparency with stakeholders. The information has been made available on the company's website at www.suryaamba.com for public access and record-keeping purposes.

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