Classic filaments Limited has informed the stock exchanges about receiving an advisory letter from BSE Limited regarding compliance matters related to promoter reclassification procedures.

Regulatory Communication Details

The company received the advisory communication from BSE on February 24, 2026, which was issued in connection with delayed compliance under Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Compliance Matter Background

The advisory letter specifically addresses the delayed compliance with Regulation 31A, which pertains to promoter reclassification requirements. According to the company's disclosure, BSE had granted approval for promoter reclassification on October 25, 2024, and Classic Filaments subsequently disseminated this information on October 28, 2024.

Impact Assessment

The company has assessed the implications of this advisory letter and provided clarity on its business impact:

Disclosure Compliance

The intimation was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, demonstrating the company's commitment to maintaining transparency with stakeholders. The communication was signed by Ankita Prasiddha Shroff, Company Secretary and Compliance Officer, ensuring proper authorization and documentation of the regulatory correspondence.

Classic Filaments Limited has officially published its Offer Opening Public Announcement cum Corrigendum to the Detailed Public Statement in newspapers dated February 10, 2026, marking a significant milestone in the ongoing mandatory open offer under SEBI regulations. The company informed BSE Limited about the newspaper publication through its Compliance Officer and Company Secretary, Ankita P. Shroff.

Open Offer Details and Acquirer Information

Four acquirers have jointly announced their intention to acquire shares in Classic Filaments Limited under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquirers include Mr. Sumit Bansal, Mr. Vikkas Bansal (both residents of Faridabad, Haryana), Mr. Tarun Jain (resident of Delhi), and Mr. Varun Jindal (resident of Faridabad, Haryana).

Regulatory Compliance and Documentation

The offer opening public announcement and corrigendum to the detailed public statement have been published in multiple newspapers including Financial Express (English Daily), Jansatta (Hindi Daily), Pratahkal (Marathi daily), and Ahmedabad Express (Gujarati daily) across various editions, ensuring comprehensive reach to all stakeholders.

Company Information and Contact Details

Classic Filaments Limited, incorporated with CIN L17114GJ1990PLC013667, operates from its registered office at Plot No.1, Priyanka House, Umiyadham Road, Varachha, Surat-395006. The company maintains communication through telephone number 0261-2540570 and email classicfilaments@ymail.com , with its official website at www.classicfilamentsltd.com .

The offer complies with Regulation 18(7) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011, with VC Corporate Advisors Private Limited managing the offer documentation and regulatory compliance. The newspaper publication serves as official notification to public shareholders about the ongoing acquisition process and provides essential information for participation in the mandatory open offer.