Deepak Spinners: SEBI Exemption Filing and Q4FY26 Compliance Updates

2 min read     Updated on 09 Apr 2026, 07:30 PM
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AI Summary

Deepak Spinners Limited has completed two significant regulatory filings - a SEBI exemption application for Shantanu Daga's acquisition of 428 shares through inter-se promoter transfer and quarterly dematerialisation compliance for Q4FY26 period ending March 2026, demonstrating continued regulatory transparency.

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Deepak Spinners Limited has made significant regulatory filings, including a SEBI exemption application for share acquisition and quarterly dematerialisation compliance for Q4FY26. The company continues to maintain transparency in its regulatory obligations through proper documentation and timely submissions.

SEBI Exemption Application for Share Transfer

Shantanu Daga has submitted an exemption application to the Securities and Exchange Board of India (SEBI) under Regulation 10(7) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, regarding his acquisition of shares in Deepak Spinners Limited. The application, numbered 576, was filed on 03/04/2026 at 18:07:41.

The acquisition involved the transfer of 428 equity shares representing 0.01% of the total share capital through an inter-se transfer between members of the promoter group, structured as a gift from Asha Devi Daga to Shantanu Daga without any monetary consideration.

Parameter: Details
Acquisition Date: 06/03/2026
Share Price: 0 (Gift Transfer)
Shares Acquired: 428
Percentage Acquired: 0.01%
Transferor: Asha Devi Daga
Relationship: Members of Promoter Group

Shareholding Changes

Following the acquisition, Shantanu Daga's shareholding in Deepak Spinners Limited increased from 29615 shares (0.41%) to 30043 shares (0.42%). The seller, Asha Devi Daga, reduced her holding from 428 shares (0.01%) to zero shares.

Stakeholder: Pre-Acquisition Post-Acquisition
Shantanu Daga (Acquirer)
Number of Shares: 29615 30043
Percentage Holding: 0.41% 0.42%
Asha Devi Daga (Seller)
Number of Shares: 428 0
Percentage Holding: 0.01% 0%

Q4FY26 Dematerialisation Compliance

Deepak Spinners Limited has filed its quarterly dematerialisation compliance report with BSE Limited for the period ending March 31, 2026. Company Secretary Puneeta Arora submitted the compliance filing on April 9, 2026, in accordance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018.

The registrar and transfer agent, Maheshwari Datamatics Pvt. Ltd., confirmed sending the Demat Transfer Register for the period January 1, 2026 to March 31, 2026 to the depositories and stock exchanges where the company's shares are listed.

Compliance Parameter: Details
Filing Date: April 9, 2026
Quarter Covered: Q4FY26 (Jan-Mar 2026)
Regulation: SEBI Regulation 74(5)
Registrar: Maheshwari Datamatics Pvt. Ltd.
Company Secretary: Puneeta Arora

Regulatory Compliance and Documentation

The exemption application was filed under Regulation 10(1)(a)(ii) of the SEBI Takeover Regulations, which covers inter-se transfers among promoter group members. Shantanu Daga confirmed compliance with all conditions specified under this regulation and paid the required filing fees of ₹150000.

The registrar confirmed proper destruction and cancellation of all securities received from concerned Depository Participants after dematerialisation within the stipulated timeframe, ensuring complete compliance with regulatory requirements.

Company Information

Deepak Spinners Limited is listed on the Bombay Stock Exchange with scrip code 514030 and is located at 121 Industrial Area, Baddi Tehsil Nalagarh, Shimla, Himachal Pradesh. The company maintains regular compliance with all applicable SEBI regulations through proper documentation and timely submissions.

Historical Stock Returns for Deepak Spinners

1 Day5 Days1 Month6 Months1 Year5 Years
-3.31%+1.56%+0.14%-17.93%-24.00%-1.34%

Will this promoter group consolidation signal potential strategic changes or restructuring plans at Deepak Spinners Limited?

How might the company's Q4FY26 financial performance compare to previous quarters given the regulatory compliance activities?

Could this inter-se transfer be part of a broader succession planning strategy within the Daga family's business interests?

Deepak Spinners: Shantanu Daga Acquires 428 Shares via Inter-Se Transfer

2 min read     Updated on 12 Mar 2026, 04:30 PM
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Reviewed by
Shriram SScanX News Team
AI Summary

Deepak Spinners Limited disclosed Shantanu Daga's acquisition of 428 equity shares from Asha Devi Daga via inter-se transfer under SEBI SAST regulations. The gift transaction increased his stake from 0.41% to 0.42%, with the promoter group maintaining 45.95% total shareholding across multiple entities including Yashwant Kumar Daga (13.88%) and Mangalam Engineering Projects Limited (12.09%).

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Deepak Spinners Limited has disclosed an acquisition of 428 equity shares by promoter group member Shantanu Daga under SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations. The transaction represents an inter-se transfer within the promoter group, completed as a gift without monetary consideration on 06.03.2026.

Transaction Details

The share acquisition was structured as an inter-se transfer between promoter group members who are relatives, falling under the exemption provided by Regulation 10(1)(a)(i) & (ii) of SEBI SAST Regulations. This regulatory framework allows transfers within promoter groups without triggering mandatory open offer requirements.

Parameter: Details
Acquirer: Shantanu Daga
Transferor: Asha Devi Daga
Shares Acquired: 428 equity shares
Percentage: 0.01%
Transaction Date: 06.03.2026
Consideration: Gift (No monetary consideration)
Market Price (60-day VWAP): ₹112.50

Shareholding Impact

The acquisition resulted in a marginal change in Shantanu Daga's shareholding position within Deepak Spinners Limited. His stake increased from 29,615 shares to 30,043 shares, representing a percentage increase from 0.41% to 0.42% of the company's total share capital.

Shareholding Details: Pre-Transaction Post-Transaction
Shantanu Daga Shares: 29,615 (0.41%) 30,043 (0.42%)
Total Promoter Group: 3,302,840 (45.94%) 3,303,268 (45.95%)
Asha Devi Daga: 428 (0.01%) -

Regulatory Compliance

The disclosure was filed with BSE Limited on 02.03.2026 under Regulation 10(5) of SEBI SAST Regulations. Shantanu Daga, residing at House No. 2148, Sector 15-C, Chandigarh 160015, submitted the formal notification acknowledging compliance with all conditions under Regulation 10(1)(a) regarding exemptions from open offer requirements.

Promoter Group Structure

The comprehensive promoter group structure includes multiple key stakeholders with significant holdings:

Promoter Entity: Shareholding
Yashwant Kumar Daga: 997,878 shares (13.88%)
Mangalam Engineering Projects Limited: 869,429 shares (12.09%)
Contransys Private Limited: 402,100 shares (5.59%)
Jalpaiguri Holdings Pvt. Ltd: 400,070 shares (5.56%)
Nandini Daga: 299,509 shares (4.17%)
Pradip Kumar Daga HUF: 150,934 shares (2.10%)

The inter-se transfer reflects routine internal reorganization within the promoter group, with the total promoter shareholding remaining substantially unchanged at approximately 45.95% post-transaction. The transaction maintains the overall promoter group structure while facilitating internal shareholding adjustments between family members.

Historical Stock Returns for Deepak Spinners

1 Day5 Days1 Month6 Months1 Year5 Years
-3.31%+1.56%+0.14%-17.93%-24.00%-1.34%

More News on Deepak Spinners

1 Year Returns:-24.00%