Vivanta Industries Files Non-Applicability Statement for SEBI LODR Regulation 32 Compliance

1 min read     Updated on 14 Apr 2026, 05:08 PM
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Vivanta Industries Limited submitted a non-applicability statement to BSE Limited on April 14, 2026, confirming that it does not need to file deviation or variation statements under SEBI LODR Regulation 32. The company stated it has not raised funds through public issues, rights issues, preferential issues, or QIP, making the regulatory requirement inapplicable. The communication was signed by Company Secretary Devang Shah and filed for compliance record-keeping.

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Vivanta Industries Limited has formally communicated to BSE Limited that it is not required to submit a statement of deviation or variation under SEBI's listing regulations, as the company has not undertaken any recent fund-raising activities through public offerings.

Regulatory Compliance Communication

In a letter dated April 14, 2026, addressed to BSE Limited's Department of Corporate Services, the company confirmed its non-applicability status under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication specifically references SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019, which pertains to the submission requirements for deviation statements.

Parameter: Details
Communication Date: April 14, 2026
Regulation Reference: SEBI LODR Regulation 32
SEBI Circular: CIR/CFD/CMD1/162/2019
Circular Date: December 24, 2019
Signatory: Devang Shah, Company Secretary & Compliance Officer

Fund Raising Status

The company explicitly stated that it has not raised any funds through various capital market instruments that would trigger the requirement for deviation statements. The communication covers multiple fund-raising mechanisms including:

  • Public issues
  • Rights issues
  • Preferential issues
  • Qualified Institutions Placement (QIP)

Since no such fund-raising activities have been undertaken, the company confirmed that the statement of deviation or variation requirements do not apply to its current situation.

Compliance Framework

The SEBI regulation requires listed companies to submit statements detailing any deviations or variations in the utilization of proceeds from capital raising activities. This regulatory framework ensures transparency in how companies deploy funds raised from investors through various market mechanisms. Companies that have not engaged in such fund-raising activities are required to file non-applicability statements to maintain compliance records.

The communication was digitally signed by Company Secretary & Compliance Officer Devang Shah and submitted to BSE for official record-keeping purposes, ensuring the company maintains its regulatory compliance status.

Is Vivanta Industries planning any fund-raising activities in the near future that would require compliance with SEBI's deviation reporting requirements?

How might changes to SEBI's listing regulations impact Vivanta's future compliance obligations and reporting framework?

What strategic factors are influencing Vivanta's decision to avoid public capital raising mechanisms in favor of alternative funding sources?

Vivanta Industries Promoters Submit SEBI Shareholding Disclosures for FY26

1 min read     Updated on 14 Apr 2026, 12:38 PM
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Vivanta Industries Limited's promoters submitted their annual shareholding disclosures under SEBI (SAST) Regulations for FY26. Five promoters and promoter group members disclosed their holdings as of March 31, 2026, with Parth H. Parikh holding the largest stake at 90,37,233 shares. All promoters confirmed no share encumbrances were made during the financial year, ensuring regulatory compliance and transparency in shareholding patterns.

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Vivanta Industries Limited's promoters have submitted their mandatory annual shareholding disclosures to the Bombay Stock Exchange and the company's audit committee, fulfilling regulatory requirements under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Promoter Shareholding Details

The disclosures, dated April 13, 2026, reveal the shareholding positions of five key individuals associated with the company as of March 31, 2026. The submissions were made pursuant to Regulation 31(4) of SEBI (SAST) Regulations, 2011.

Promoter Name: Shareholding (shares) Category
Parth H. Parikh: 90,37,233 Promoter
Ravina A. Parikh: 25,00,000 Promoter Group
Hemant A. Parikh: 11,25,000 Promoter
Tarla A. Parikh: 9,37,018 Promoter Group
Girishbhai B Bhatt: 62,500 Promoter

Regulatory Compliance

All promoters confirmed in their individual declarations that they held their respective shareholdings as on March 31, 2026, without making any encumbrance of shares, directly or indirectly, during the financial year ended March 31, 2026. The disclosures were submitted to both the Department of Corporate Services at Bombay Stock Exchange and the company's audit committee.

Documentation Process

Each promoter submitted separate formal letters containing their shareholding declarations, complete with signatures and proper documentation. The submissions reference scrip code 541735 and were addressed to the relevant regulatory and corporate governance bodies as required under SEBI regulations.

The company's registered office is located at 403/TF, Sarthik II, Opp Rajpath Club, S.G Highway, Bodakdev, Ahmedabad- 380054, Gujarat, India, where the audit committee received copies of all promoter disclosures for record-keeping purposes.

Will Vivanta Industries' promoters consider increasing their shareholding through open market purchases or preferential allotments in the upcoming fiscal year?

How might the concentrated promoter ownership structure of 136.61 lakh shares impact potential institutional investor interest or future fundraising plans?

Could Parth H. Parikh's dominant 90+ lakh share position signal upcoming strategic decisions or corporate restructuring at Vivanta Industries?

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