Vaswani Industries Limited has filed its quarterly compliance certificate with stock exchanges, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company submitted the compliance certificate to both BSE Limited and National Stock Exchange of India Limited on April 15, 2026. The filing was made pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018.

Share Capital Status

Vaswani Industries confirmed that the entire share capital of the company is held in dematerialised form. The company's Registrar and Share Transfer Agent, MUFG Intime India Private Limited (formerly known as Link Intime India Private Limited), verified that no dematerialisation or rematerialisation requests were received or processed during the quarter ended March 31, 2026.

Compliance Certificate Details

MUFG Intime India Private Limited issued the compliance certificate on April 3, 2026, confirming adherence to regulatory requirements. The certificate stated that securities received from depository participants for dematerialisation were properly confirmed to depositories and listed on relevant stock exchanges.

Administrative Details

The compliance certificate was signed by Company Secretary Sakshi Agrawal from the company's Raipur office. MUFG Intime India Private Limited's Sr. Vice President-Corporate Registry Ashok Shetty signed the confirmation certificate, ensuring all regulatory protocols were followed.

Since no dematerialisation or rematerialisation activities occurred during the quarter, the provisions of Regulation 74(5) were technically not applicable. However, the company obtained and filed the certificate solely for compliance purposes, demonstrating its commitment to regulatory adherence.

Vaswani Industries Limited has announced a significant corporate development involving the restructuring of its associate company. The Board of Directors approved the conversion of C.G. Ispat Private Limited into a Limited Liability Partnership structure during their meeting on March 11, 2026.

Board Approval and Corporate Restructuring

The company's board meeting resulted in several key approvals related to the conversion process. The directors granted consent for transforming C.G. Ispat Private Limited into "C.G. Ispat LLP" under the Limited Liability Partnership Act, 2008. This restructuring represents a strategic shift in the organizational structure of the associate entity.

Stake Retention and Capital Structure

Vaswani Industries will maintain its investment position in the restructured entity. The company approved continuing its equivalent capital contribution in C.G. Ispat LLP, corresponding to its existing 8.23% shareholding in the private limited company. This arrangement ensures continuity of the investment relationship despite the change in corporate structure.

Leadership and Partnership Arrangement

The board designated Mr. Yashwant Vaswani, Whole-time Director of Vaswani Industries, to represent the company's interests in the new partnership structure. He will serve as the nominated partner in C.G. Ispat LLP on behalf of Vaswani Industries upon completion of the conversion process.

Regulatory Compliance

The announcement was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure follows the requirements under Part A of Schedule III of the listing regulations, ensuring transparency with stakeholders regarding material corporate developments.

Company Background

Vaswani Industries Limited operates in the power, sponge iron, and steel sectors. The company is headquartered at Bahesar Road, Near Cycle Park, Village Sondra, Siltara Phase-II, Raipur, Chhattisgarh. This corporate restructuring decision reflects the company's ongoing strategic management of its investment portfolio and associate relationships.