Viram Suvarn Limited Files Annual Disclosure Under SEBI Takeover Regulations for FY26

1 min read     Updated on 04 Apr 2026, 02:49 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Viram Suvarn Limited submitted its annual disclosure under SEBI takeover regulations for FY26, confirming no encumbrances by promoters. Managing Director Mahendra Ramniklal Shah filed the disclosure with BSE on April 4, 2026, while promoter Rakshit Mahendra Shah provided the required declaration. The company maintained full compliance with SEBI regulatory requirements during the reporting period.

powered bylight_fuzz_icon
36839960

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

Viram Suvarn Limited has filed its mandatory annual disclosure under SEBI (Substantial Acquisition of Shares and Takeovers) Regulation 2011 for the financial year ended March 31, 2026. The company, formerly known as Veeram Securities Limited, submitted the required documentation to BSE Limited on April 4, 2026.

Regulatory Compliance Declaration

The disclosure was made pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeover) Regulations, 2011. Managing Director Mahendra Ramniklal Shah digitally signed and submitted the formal communication to BSE's Department of Corporate Services.

Parameter: Details
Company Name: Viram Suvarn Limited
Former Name: Veeram Securities Limited
BSE Script Code: 540252
CIN: L46498GJ2011PLC064964
Disclosure Period: Year ended March 31, 2026
Submission Date: April 4, 2026

Promoter Declaration

Rakshit Mahendra Shah, representing all promoters and promoter groups along with Persons Acting in Concert (PAC), provided a declaration confirming no encumbrances were created during the specified period. The declaration specifically states that promoters have not made any encumbrance, directly or indirectly, during the year ended March 31, 2026.

Key Disclosure Points

The annual filing includes the following confirmations:

  • No substantial acquisition of shares occurred during FY26
  • No encumbrances were created by promoters or promoter groups
  • No disclosure requirements triggered under the takeover regulations
  • Compliance maintained with SEBI regulatory framework

Company Information

Viram Suvarn Limited operates from its registered office located at Ground & First Floor, 7, Natvarshyam Co Op Ho S Ld Opp. Orchid Park, Ramdevnagar Road, Satellite, Ahmedabad-380051. The company maintains its corporate website at www.viramsuvarnlimited.com and can be contacted at veeramsecurities2011@gmail.com .

The disclosure demonstrates the company's commitment to regulatory compliance and transparency in corporate governance practices as mandated by SEBI regulations.

Historical Stock Returns for Viram Suvarn

1 Day5 Days1 Month6 Months1 Year5 Years
-0.49%-0.90%+13.20%+54.57%+33.85%+79.65%

What strategic initiatives might Viram Suvarn Limited pursue in FY27 given their clean regulatory slate and absence of encumbrances?

How could potential changes to SEBI takeover regulations impact the company's future disclosure requirements and compliance costs?

Will the company's name change from Veeram Securities to Viram Suvarn Limited signal a shift in business focus or expansion into new financial services segments?

Viram Suvarn Limited Confirms Non-Applicability of Large Corporate Initial Disclosure Requirements for FY26

1 min read     Updated on 04 Apr 2026, 12:24 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Viram Suvarn Limited has notified BSE that it does not qualify as a Large Corporate under SEBI's regulatory framework, exempting it from initial disclosure obligations for FY26. The company confirmed its non-applicability status as on March 31, 2026, referencing multiple SEBI and BSE circulars governing large corporate disclosure requirements for debt securities fund raising.

powered bylight_fuzz_icon
36830526

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

Viram Suvarn Limited has formally notified BSE Limited that it does not qualify as a "Large Corporate" under SEBI's regulatory framework, thereby exempting it from specific initial disclosure obligations for the financial year 2025-26.

Regulatory Compliance Confirmation

In a communication dated April 4, 2026, the company confirmed its non-applicability status under the Large Corporate criteria as established by SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, and subsequent regulatory updates. The assessment was conducted as on March 31, 2026.

Parameter Details
Assessment Date March 31, 2026
Financial Year 2025-26
Regulatory Status Non-Large Corporate
Communication Date April 4, 2026
Scrip Code 540252

Exemption from Initial Disclosure Requirements

Due to its non-Large Corporate status, Viram Suvarn Limited is not required to file initial disclosures under the regulatory framework for fund raising by issuance of debt securities by large corporates:

  • Annexure A as per BSE notices and circulars
  • Annexure XII A under SEBI operational circular dated August 10, 2021 (updated April 13, 2022)
  • Initial disclosures related to debt securities issuance by large corporates

Regulatory Framework Reference

The company's confirmation references several key regulatory documents that govern large corporate disclosure requirements:

Reference Details
SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018
SEBI Circular SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021
BSE Circular LIST/COMP/05/2019-20 dated April 11, 2019
BSE Circular LIST/COMP/59/2019-20 dated March 3, 2020
BSE Notice 20220427-2 dated April 27, 2022

Company Leadership and Corporate Details

The regulatory compliance confirmation was signed by Mahendra Ramniklal Shah, Managing Director of Viram Suvarn Limited. The company, formerly known as Veeram Securities Limited, operates from its registered office in Ahmedabad and maintains its corporate website at www.viramsuvarnlimited.com .

This confirmation ensures the company remains compliant with applicable regulatory requirements while avoiding unnecessary disclosure obligations that apply specifically to large corporate entities under SEBI's framework for debt securities fund raising.

Historical Stock Returns for Viram Suvarn

1 Day5 Days1 Month6 Months1 Year5 Years
-0.49%-0.90%+13.20%+54.57%+33.85%+79.65%

What growth trajectory would Viram Suvarn Limited need to achieve to potentially qualify as a Large Corporate in future assessments?

How might this exemption from disclosure requirements affect the company's ability to access debt capital markets compared to larger competitors?

Will Viram Suvarn Limited's non-Large Corporate status influence its strategic expansion plans or acquisition opportunities in the coming years?

More News on Viram Suvarn

1 Year Returns:+33.85%