Vadilal Industries Submits SEBI Compliance Certificate for Q4 FY26 Dematerialization Process

1 min read     Updated on 13 Apr 2026, 10:30 PM
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Vadilal Industries Limited filed its quarterly compliance certificate under SEBI Regulation 74(5) for the quarter ended March 31, 2026, confirming proper dematerialization procedures. The certificate, submitted to stock exchanges on April 13, 2026, includes confirmation from registrar MCS Share Transfer Agent Limited that all securities were processed within regulatory timeframes. The filing demonstrates the company's adherence to SEBI's framework governing depositories and participants.

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Vadilal Industries Limited has submitted its quarterly compliance certificate to the National Stock Exchange of India and BSE Limited, fulfilling regulatory requirements under SEBI's dematerialization framework. The submission, dated April 13, 2026, addresses the company's compliance status for the quarter ended March 31, 2026.

Regulatory Compliance Framework

The certificate submission falls under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, which mandates companies to provide quarterly confirmations regarding their dematerialization processes. This regulation ensures transparency and proper handling of securities conversion from physical to electronic form.

Parameter: Details
Regulation: SEBI Regulation 74(5)
Quarter Covered: March 31, 2026
Submission Date: April 13, 2026
Filing Authority: Rashmi Bhatt, Company Secretary

Dematerialization Process Confirmation

MCS Share Transfer Agent Limited, serving as the company's registrar and share transfer agent, provided the necessary certification confirming compliance with dematerialization procedures. The agent verified that all securities received from depository participants during the quarter were properly processed and confirmed to the depositories.

Key aspects of the certification include:

  • Securities received for dematerialization were confirmed to depositories
  • Security certificates were mutilated and cancelled after due verification
  • Depositories' names were substituted in the register of members as registered owners
  • All procedures were completed within the stipulated 15-day timeframe

Corporate Information

The company maintains its registered office at Vadilal House, 53, Shrimali Society, Near Navrangpura Railway Crossing, Navrangpura, Ahmedabad. Rashmi Bhatt, serving as Company Secretary and Compliance Officer, digitally signed the submission on April 13, 2026.

Corporate Details: Information
CIN Number: L91110GJ1982PLC005169
Registered Office: Ahmedabad, Gujarat
Share Transfer Agent: MCS Share Transfer Agent Limited
Website: www.vadilalicecreams.com

This quarterly filing demonstrates the company's adherence to SEBI's regulatory framework governing depositories and participants, ensuring proper maintenance of shareholder records and securities handling procedures.

Historical Stock Returns for Vadilal Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.38%+1.74%+0.05%-14.99%-30.72%+401.07%

Will Vadilal Industries' consistent regulatory compliance improve its ESG ratings and attract institutional investors in the upcoming quarters?

How might SEBI's potential tightening of dematerialization regulations in 2026 impact Vadilal's operational costs and compliance procedures?

Could Vadilal's strong governance practices position it favorably for any upcoming stock exchange listing upgrades or index inclusions?

Vadilal Dairy International Limited Reports Loss of Share Certificate Under SEBI Regulations

1 min read     Updated on 20 Mar 2026, 11:35 AM
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Vadilal Dairy International Limited notified BSE on March 19, 2026, about the loss of share certificate number 1737 belonging to Pragna Jayantkumar Shah, covering 20 shares with distinctive numbers 494110-494129. The company's registrar MUFG Intime India Private Limited informed about the loss on March 12, 2026, and confirmed proper documentation for duplicate certificate issuance. Following SEBI regulations, the company will issue a Letter of Confirmation after completing formalities and has requested BSE to prevent broker dealings with the lost certificate.

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Vadilal Dairy International Limited has officially notified the Bombay Stock Exchange regarding the loss of a share certificate and subsequent request for duplicate certificate issuance, in compliance with regulatory requirements.

Regulatory Notification Details

The company submitted its intimation on March 19, 2026, pursuant to Regulation 39(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification was signed by Managing Director Shailesh Gandhi and addressed to BSE under scrip code 519451.

Share Certificate Information

The lost certificate details are as follows:

Parameter Details
Shareholder Name Pragna Jayantkumar Shah
Certificate Number 1737
Distinctive Numbers 494110 to 494129
Number of Shares 20
Folio Number 004229

Registrar Communication

MUFG Intime India Private Limited, serving as the company's Registrar and Transfer Agent, had initially informed Vadilal Dairy about the share certificate loss on March 12, 2026. The registrar confirmed receipt of documents from the shareholder on March 6, 2026, and acknowledged that all submitted documentation was in proper order.

Compliance Process

In accordance with SEBI Circular No. SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2022/8 dated January 25, 2022, the company will issue a 'Letter of Confirmation' to the affected shareholder after completing all required formalities. MUFG Intime India Private Limited noted that the duplicate certificate issuance process involves extensive legal formalities and may be time-consuming.

Market Protection Measures

Vadilal Dairy has specifically requested BSE to inform all broker members not to deal with the aforementioned share certificate in any manner, ensuring market integrity and preventing unauthorized transactions involving the lost certificate.

The company, incorporated under CIN L15200MH1997PLC107525, maintains its registered office at Plot No. M-13, MIDC, Tarapur, Navapur Road, Boisar, District Palghar - 401506.

Historical Stock Returns for Vadilal Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.38%+1.74%+0.05%-14.99%-30.72%+401.07%

Could this incident prompt Vadilal Dairy to accelerate its transition to dematerialized shares to prevent future certificate losses?

Will SEBI consider strengthening regulations around physical share certificate handling following such incidents across listed companies?

How might this compliance process impact Vadilal Dairy's administrative costs and operational efficiency in the coming quarters?

More News on Vadilal Industries

1 Year Returns:-30.72%