Anubhav Ladia, Whole Time Director & CFO of Shree Rajasthan Syntex Ltd, has filed a disclosure regarding his acquisition of additional shares in the company through an inter-se transfer transaction. The disclosure was submitted on March 17, 2026, pursuant to regulatory requirements under SEBI regulations.

Share Acquisition Details

The share acquisition took place on March 16, 2026, involving 44,000 equity shares acquired through inter-se transfer. The transaction was valued at Rs. 5,98,400 and resulted in an increase in Ladia's shareholding percentage.

Regulatory Compliance and Filing Details

The disclosure was made pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, and Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. As a promoter group member and Whole Time Director & CFO, Ladia is required to maintain accurate disclosure of such transactions.

Company Information

Shree Rajasthan Syntex Ltd is listed on BSE Limited with the company code 503837 and ISIN INE796C01011. The company's total equity share capital stands at 4,07,37,301 shares of Rs. 10 each, which remained unchanged following this transaction.

The formal disclosure was submitted to both the Bombay Stock Exchange Limited and the Board of Directors of Shree Rajasthan Syntex Ltd. The transaction involved no convertible securities, warrants, or other instruments that could entitle the acquirer to additional voting rights in the company.

Shree rajasthan syntex Ltd has recognized an extraordinary item totaling ₹98.67 lakhs in its financial results for the quarter ended December 2025, following the settlement of a funding arrangement with the Rajasthan State Industrial Development & Investment Corporation (RIICO). The company disclosed this development to BSE on February 06, 2026, pursuant to Regulation 30 of SEBI listing regulations.

Settlement Details

The extraordinary item stems from the resolution of a funding arrangement related to an old Texchem Project with RIICO. The settlement involved two key components that collectively impacted the company's financial position.

Board Approval and Rationale

The Board of Directors, along with the Audit Committee, approved the recognition of this extraordinary item during their meeting held on February 06, 2026. The board considered the settlement to be in the best interest of the company, indicating a strategic decision to resolve the long-standing arrangement.

Regulatory Compliance

Shree Rajasthan Syntex clarified that detailed disclosure requirements under SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 do not apply to this settlement. The company noted that the arrangement was neither with a bank or financial institution nor related to ongoing litigation or dispute proceedings.

Financial Impact

The extraordinary item of ₹98.67 lakhs has been incorporated into the company's financial results for the quarter ended December 2025. This one-time settlement resolves the funding arrangement obligations and eliminates future uncertainties related to the Texchem Project with RIICO.