Adi Lakshmi Family Trust Receives SEBI Compliance Certificate for FY26 Regulatory Requirements

2 min read     Updated on 08 Apr 2026, 02:13 AM
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Adi Lakshmi Family Trust has received a compliance certificate from RJC Associates Chartered Accountants for the financial year ended 31st March 2026, confirming adherence to SEBI exemption order requirements. The certificate validates compliance with multiple regulatory conditions including restrictions on beneficial interest transfers, trustee powers, and ownership structure changes. The trust maintains its regulatory standing in relation to its shareholding structure involving Super Sales India Limited through Quattro Engineering India Limited.

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Adi Lakshmi Family Trust has obtained a compliance certificate from RJC Associates Chartered Accountants, confirming its adherence to regulatory requirements under a SEBI exemption order for the financial year ended 31st March 2026. The certificate addresses compliance with conditions laid down in the Securities and Exchange Board of India exemption order granted under Section 11(1) and 11(2)(h) of SEBI Act.

Regulatory Framework and Compliance Scope

The compliance certificate has been issued pursuant to SEBI Order No. WTM/GM/CFD/09/2019-20 dated 28th May 2019, read with SEBI Master Circular No. SEBI/HO/CFD/PoD-1/P/CIR/2023/31 dated 16th February 2023. The order falls under The Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, specifically Regulation 11(5).

The trust is based at "Shell House", No. 695, Avinashi Road, Coimbatore – 641037, Tamil Nadu, India. RJC Associates has confirmed its independence from the Trust and Trustees in accordance with the Code of Ethics issued by the Institute of Chartered Accountants of India.

Key Compliance Conditions Met

The chartered accountants have certified the trust's compliance with multiple regulatory conditions:

Compliance Area: Status
Beneficial Interest Transfer: No transfers, assignments or encumbrances
Trustee Powers: No delegation or transfer to other persons
Trustee Composition: Only individual promoters, relatives, or descendants
Beneficiary Changes: No outsiders introduced as trustees/beneficiaries
Ownership Structure: No changes in trustees, beneficiaries, or voting rights
Trust Deed: No changes made to original agreement

Corporate Structure and Shareholding

The compliance certificate specifically addresses the trust's relationship with Super Sales India Limited through its shareholding structure. The trust holds shares in Quattro Engineering India Limited (formerly known as Lakshmi Life Sciences Limited), which in turn holds shares in Super Sales India Limited, referred to as "the Target Company" in the certificate.

The trust has maintained compliance with the Companies Act, 2013 provisions in connection with the acquisition of shares in Quattro Engineering India Limited. The certificate confirms there is no layering in terms of trustees or beneficiaries of the trust.

Certificate Authentication and Restrictions

The compliance certificate bears the authentication of R. Jeyachandran, Partner at RJC Associates Chartered Accountants (FRN: 003496S), with Partner Membership No: 021848. The certificate is dated 1st April 2026, issued from Coimbatore, with UDIN: 26021848SLGIVO8521.

RJC Associates has specified that the certificate is exclusively for enabling compliance with SEBI Master Circular requirements and should not be used by any other person or for any other purpose without prior written consent. The firm has disclaimed liability for any other use of the certificate beyond its intended regulatory compliance purpose.

Historical Stock Returns for Super Sales

1 Day5 Days1 Month6 Months1 Year5 Years
+0.17%+9.80%-1.86%-16.16%-25.81%+4.83%

What strategic moves might Super Sales India Limited pursue now that its parent structure has maintained SEBI compliance for another year?

How could potential changes in SEBI's takeover regulations impact family trusts like Adi Lakshmi in future compliance cycles?

Will Quattro Engineering India Limited consider any corporate restructuring or expansion plans given the stable trust ownership structure?

Super Sales India Limited Confirms Non-Large Corporate Status Under SEBI Guidelines

1 min read     Updated on 07 Apr 2026, 09:34 PM
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Super Sales India Limited has formally confirmed to BSE Limited that it does not meet the criteria for Large Corporate classification under SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 as on March 31, 2026. The disclosure was properly authorized by Company Secretary S K Radhakrishnan and CFO C V Venkatesh through digital signatures on April 07, 2026.

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Super Sales India Limited has formally disclosed to BSE Limited that it does not qualify as a "Large Corporate" under the Securities and Exchange Board of India (SEBI) regulatory framework. The disclosure was made on April 07, 2026, in compliance with mandatory reporting requirements under SEBI circular SEBI/HO/DDHS/CIR/P/2018/144.

Official Regulatory Communication

In an official letter addressed to BSE Limited's Listing Department at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai, the company confirmed that Super Sales India Limited has not fulfilled criteria (ii) and (iii) mentioned under para 2.2 of the respective SEBI circular. The communication specifically stated that the company is "not a Large Corporate" as on March 31, 2026, as defined under the mentioned circular.

Parameter: Details
Disclosure Date: April 07, 2026
Assessment Date: March 31, 2026
SEBI Circular Reference: SEBI/HO/DDHS/CIR/P/2018/144
Circular Date: November 26, 2018
Classification Status: Not a Large Corporate

Corporate Authorization and Digital Signatures

The regulatory disclosure was jointly signed by key company officials with proper digital authentication. Company Secretary S K Radhakrishnan digitally signed the document on April 07, 2026, at 15:14:44 +05'30', while Chief Financial Officer C V Venkatesh provided his digital signature on the same date at 15:13:38 +05'30'. This dual authorization ensures compliance with corporate governance standards and regulatory requirements.

Company Corporate Details

Super Sales India Limited operates from its registered office at 34-A, Kamaraj Road, Coimbatore - 641 018, India. The company maintains corporate identification number L17111TZ1981PLC001109 and can be contacted via email at ssil@vaamaa.com or through their website www.supersales.co.in . The company's PAN number is AAOCS0650A and GSTIN is 33AADCS0650A1Z4.

This disclosure ensures transparency in corporate classification status and maintains compliance with SEBI's regulatory framework for listed companies on Indian stock exchanges, demonstrating the company's commitment to regulatory adherence.

Historical Stock Returns for Super Sales

1 Day5 Days1 Month6 Months1 Year5 Years
+0.17%+9.80%-1.86%-16.16%-25.81%+4.83%

What specific growth milestones would Super Sales India Limited need to achieve to qualify as a 'Large Corporate' under SEBI regulations in future assessments?

How might this non-Large Corporate classification impact Super Sales India's access to capital markets and fundraising options going forward?

Will this regulatory status affect Super Sales India's competitive positioning against larger peers in their industry sector?

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1 Year Returns:-25.81%