Uday Jewellery Industries Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The certificate covers the quarter and year ended March 31, 2026, marking the completion of Q4FY26 compliance obligations.

Regulatory Compliance Certificate Details

The compliance certificate was issued under Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. Company Secretary and Compliance Officer Riya Jindal digitally signed and submitted the certificate to BSE Limited on April 9, 2026.

Share Transfer Agent Confirmation

Bigshare Services Private Limited, serving as the company's Registrar and Share Transfer Agent (RTA), issued the compliance certificate on April 4, 2026. The RTA confirmed that no dematerialization requests for equity shares of the company were received during the specified quarter.

The certificate references multiple regulatory circulars:

• NSDL/CIR/II/5/2019 dated January 25, 2019
• CDSL/OPS/RTA/POLICY/2019/14 dated January 25, 2019
• SEBI letter ref no. MRD/DOP2/DSA2/OW/2019/2498/1 dated January 24, 2019

Corporate Compliance Framework

The submission demonstrates Uday Jewellery Industries' adherence to SEBI's regulatory framework for depositories and participants. The quarterly certification process ensures transparency in share dematerialization activities and maintains investor confidence through proper record-keeping and reporting mechanisms.

The company's compliance with Regulation 74(5) reflects its commitment to maintaining regulatory standards and providing accurate information to stock exchanges and regulatory authorities. This systematic approach to compliance reporting supports the company's standing in the capital markets.

Uday Jewellery Industries Limited has completed a substantial acquisition of 73,34,305 equity shares by its promoter group through the scheme of amalgamation with Narbada Gems and Jewellery Limited. The acquisition was disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Promoter Group Acquisition Details

The promoter group, led by Managing Director Ritesh Kumar Sanghi, acquired shares worth INR 10/- each through the merger scheme. The acquisition increased the collective holding of promoters and persons acting in concert from 74.91% to 74.93% of the total share capital.

Share Capital Transformation

The merger resulted in a significant expansion of the company's equity base. The total equity share capital increased from INR 23,82,19,000 to INR 33,60,29,250, representing an addition of 97,81,025 equity shares of INR 10/- each.

Regulatory Compliance

The acquisition was completed on March 5, 2026, through the allotment of equity shares pursuant to the scheme of arrangement. All promoter entities, including Sanghi Jewellers Private Limited and Hanumanthrai Sanghi HUF, participated in the acquisition process. The company maintains its listing on BSE Limited with scrip code 539518.

Corporate Restructuring Impact

This substantial acquisition represents the final phase of the amalgamation between Narbada Gems and Jewellery Limited (transferor company) and Uday Jewellery Industries Limited (transferee company). The merger has consolidated the promoter group's control while expanding the company's operational scale and market presence in the jewellery sector.