Sarla Performance Fibers Limited , a prominent player in the performance fibers industry, has disclosed a significant development in its shareholding structure. The company recently announced a substantial acquisition of its shares by Hindustan Cotton Company, executed through its partner, Mrs. Sarladevi Madhusudan Jhunjhunwala.

Regulatory Compliance

The disclosure was made in accordance with the Securities and Exchange Board of India (SEBI) regulations concerning substantial acquisition of shares and takeovers. This move underscores the company's commitment to transparency and adherence to regulatory requirements in the Indian stock market.

Official Communication

Mr. Krishnakumar Jhunjhunwala, a director of Sarla Performance Fibers Limited, officially communicated this information to both the BSE Limited and the National Stock Exchange of India Limited on September 12, 2025. The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Details of the Acquisition

While specific details about the number of shares acquired or the resulting shareholding percentage were not provided in the initial disclosure, the transaction is significant enough to warrant a formal announcement under SEBI regulations. This suggests that the acquisition has crossed thresholds that require mandatory disclosure.

Company Background

Sarla Performance Fibers Limited, headquartered at 304, Arcadia, 195, Nariman Point, Mumbai, is known for its presence in the performance fibers sector.

Market Implications

This substantial share acquisition by Hindustan Cotton Company could potentially signal a shift in the company's ownership structure or strategic direction. However, the full implications of this move on Sarla Performance Fibers' future operations and strategy remain to be seen.

Investors and market watchers will likely keep a close eye on any further developments or disclosures from Sarla Performance Fibers Limited regarding this significant shareholding change. As always, stakeholders are advised to stay informed and consider the potential impacts of such corporate actions on their investment decisions.

Sarla Performance Fibers Limited, a leading manufacturer of specialized synthetic yarns, has announced the resignation of its Company Secretary and Compliance Officer, Kapil Raj Yadav. The resignation will take effect from the close of business hours on September 4, 2025.

Resignation Details

Mr. Yadav, who holds the membership number A75749, cited personal and professional reasons for his departure. In his resignation letter, he expressed his intention to explore a new career path that aligns with his evolving interests and aspirations. The company has accepted his resignation and confirmed that there are no other material reasons for his departure beyond those stated in his resignation letter.

Impact on Key Managerial Personnel

Following his departure, Mr. Yadav will cease to be a Key Managerial Personnel of Sarla Performance Fibers Limited. The company has not yet announced a successor for the position of Company Secretary and Compliance Officer.

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Sarla Performance Fibers Limited has made the necessary disclosures to the stock exchanges.

Management's Response

Krishna Jhunjhunwala, the Managing Director of Sarla Performance Fibers Limited, signed the regulatory filing acknowledging Mr. Yadav's resignation. The company expressed its appreciation for Mr. Yadav's contributions during his tenure.

As Sarla Performance Fibers Limited prepares for this transition in its key management, stakeholders will be watching closely for announcements regarding the appointment of a new Company Secretary and Compliance Officer to ensure continued smooth operations and regulatory compliance.