Vijay Solvex Limited Submits SEBI Compliance Certificate for Q4 FY26

1 min read     Updated on 04 Apr 2026, 01:46 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Vijay Solvex Limited filed its Q4 FY26 compliance certificate under SEBI Regulation 74(5) with BSE Limited on April 4, 2026. The certificate, covering the quarter ended March 31, 2026, confirms proper handling of dematerialization processes and adherence to regulatory timelines. Skyline Financial Services Private Limited, the company's registrar, certified compliance with share transfer requirements.

powered bylight_fuzz_icon
36836205

*this image is generated using AI for illustrative purposes only.

Vijay solvex Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory obligations under SEBI (Depository and Participant) Regulations, 2018 for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company filed the mandatory certificate on April 4, 2026, addressing BSE Limited's Corporate Relation Department. The submission pertains to Security Code No. 531069 and covers compliance requirements for dematerialization activities during the fourth quarter of fiscal year 2026.

Filing Details: Information
Filing Date: April 4, 2026
Quarter Covered: March 31, 2026
Security Code: 531069
Regulation: SEBI (Depository and Participant) Regulations, 2018
Specific Provision: Regulation 74(5)

Certificate Confirmation

Skyline Financial Services Private Limited, serving as the company's Registrar and Share Transfer Agent, issued the confirmation certificate dated April 2, 2026. The certificate confirms compliance with specific regulatory requirements for physical share certificate processing.

Compliance Confirmations: Status
Securities Listed: Confirmed on appropriate stock exchange
Certificate Processing: Mutilated and cancelled after verification
Record Updates: Depository name substituted within 15 days
Verification Process: Completed as per regulations

Corporate Information

Vijay Solvex Limited operates with Corporate Identification Number L15142RJ1987PLC004232. The company maintains its registered office at Bhagwati Sadan, S.D. Marg, Alwar - 301001, with manufacturing facilities located in the Old Industrial Area, Itarana Road, Alwar.

Authorized Signatories

Company Secretary and Compliance Officer Jay Prakash Lodha (FCS: 4714) digitally signed the submission on April 4, 2026. The registrar's certificate was authorized by Parveen Sharma from Skyline Financial Services Private Limited.

This quarterly filing demonstrates the company's ongoing commitment to regulatory compliance and proper maintenance of shareholder records in accordance with SEBI guidelines for depository and participant operations.

Historical Stock Returns for Vijay Solvex

1 Day5 Days1 Month6 Months1 Year5 Years
+8.52%+12.50%+49.63%-35.73%-42.43%-47.51%

What operational or strategic initiatives might Vijay Solvex Limited announce in their upcoming Q4 FY2026 earnings report?

How could potential changes to SEBI depository regulations in 2026-27 impact compliance costs for mid-cap companies like Vijay Solvex?

Will Vijay Solvex Limited consider expanding their manufacturing capacity beyond the current Alwar facilities given their regulatory compliance track record?

Vijay Solvex Limited Receives GST Demand Order Worth Rs 8,49,978 from Central Authority

1 min read     Updated on 28 Mar 2026, 05:09 AM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Vijay Solvex Limited received a GST demand order worth Rs 8,49,978 from Central GST Authority, Alwar, alleging wrongful ITC claims during FY2019-22. The demand includes Rs 4,24,989 for allegedly wrongly availed ITC and equal penalty amount. Company reports no material financial impact and plans to file appeal before appellate authority based on case merits and legal counsel advice.

powered bylight_fuzz_icon
36200349

*this image is generated using AI for illustrative purposes only.

Vijay Solvex Limited has received a demand order from the Central Goods and Service Tax (GST) Authority, alleging wrongful availment and utilization of Input Tax Credit (ITC) across multiple financial years. The company disclosed this development through a regulatory filing dated March 27, 2026, in compliance with SEBI listing regulations.

GST Demand Order Details

The demand order was issued by the Office of the Superintendent, Central Goods and Service Tax Range-II, Alwar, Rajasthan, under Section 74(1) of the Central Goods and Service Tax Act, 2017. The order, dated March 19, 2026, was received by the company's dealing officer on March 27, 2026.

Parameter: Details
Issuing Authority: The Superintendent, Central GST Range-II, Alwar, Rajasthan
Order Date: March 19, 2026
Receipt Date: March 27, 2026
Legal Provision: Section 74(1) of CGST Act, 2017

Financial Impact and Allegations

The GST Authority has alleged that Vijay Solvex Limited wrongly availed and utilized ITC during the financial years 2019-20, 2020-21, and 2021-22. The total demand comprises both the principal amount and penalty components.

Component: Amount (Rs)
ITC Wrongly Availed: 4,24,989
Penalty: 4,24,989
Total Demand: 8,49,978

Company's Response and Next Steps

Vijay Solvex Limited has indicated that there is no material impact on the company's financials, operations, or other activities due to this order. The company has expressed confidence in the merits of its case and stated that it reasonably expects favorable orders from appellate authorities.

Based on legal counsel advice and the merits of the matter, the company plans to file an appeal against this demand order before the appropriate authority within the timeframe prescribed under GST law. The company has emphasized that this action is being taken considering prevailing law and professional legal guidance.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 read with Clause 20 of Para A of Part A of Schedule III of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The information has also been made available on the company's website at www.vijaysolvex.com , ensuring transparency with all stakeholders.

The filing was signed by Jay Prakash Lodha, Company Secretary and Compliance Officer, maintaining proper corporate governance protocols in the disclosure process.

Historical Stock Returns for Vijay Solvex

1 Day5 Days1 Month6 Months1 Year5 Years
+8.52%+12.50%+49.63%-35.73%-42.43%-47.51%

How might this GST demand order affect Vijay Solvex's credit rating and ability to secure future financing?

Could this investigation trigger additional scrutiny of the company's GST compliance in subsequent financial years beyond 2021-22?

What impact could a prolonged appeals process have on the company's cash flow and working capital management?

More News on Vijay Solvex

1 Year Returns:-42.43%