AI companies hitch PE ride to reach enterprises
Source: The Economic Times
Borosil Scientific Limited promoters have submitted a formal declaration under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, confirming that no encumbrance was created on any promoter-held equity shares during the financial year ended March 31, 2026. The declaration was filed by Pradeep Kumar Kheruka on behalf of himself and all other promoters and persons acting in concert (PAC). The filing was addressed to BSE Limited, the National Stock Exchange of India Ltd, and the Audit Committee of Borosil Scientific Limited.
Key Declaration Highlights
The declaration confirms that the promoters, along with persons acting in concert, have not made any encumbrance, directly or indirectly, on the equity shares held by them in Borosil Scientific Limited during the financial year ended March 31, 2026. As on March 31, 2026, NIL equity shares of Borosil Scientific Limited are encumbered by the promoters or PAC.
Parameter: Details Regulation: Regulation 31(4), SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Financial Year: Ended March 31, 2026 Encumbrance During FY26: NIL Encumbered Shares as on March 31, 2026: NIL Filed By: Pradeep Kumar Kheruka (Promoter) Date of Filing: April 02, 2026
Persons Acting in Concert
The declaration covers the following promoters and persons acting in concert (PAC) of Borosil Scientific Limited:
Kiran Kheruka
Rekha Kheruka
Pradeep Kumar Kheruka
Shreevar Kheruka
Gujarat Fusion Glass LLP
Spartan Trade Holdings LLP
Borosil Holdings LLP
Associated Fabricators LLP
Sonargaon Properties LLP
Croton Trading Private Limited
Alaknanda Ruia
Regulatory Compliance
This declaration is a mandatory annual compliance requirement under SEBI's Takeover Regulations, obligating promoters to confirm the status of encumbrance on their shareholding at the end of each financial year. The filing was submitted to both stock exchanges — BSE Limited and the National Stock Exchange of India Ltd — as well as to the Audit Committee of Borosil Scientific Limited, in accordance with the prescribed regulatory framework.
Borosil Scientific Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The certificate was filed with both BSE Limited and the National Stock Exchange of India Limited on April 03, 2026.
Regulatory Compliance Certificate
The company's Registrar and Transfer Agent, MUFG Intime India Private Limited (formerly known as Link Intime India Private Limited), issued the compliance certificate confirming that all securities of Borosil Scientific Limited remain in dematerialized form. The certificate covers the period from January 01, 2026 to March 31, 2026.
Certificate Details: Information Regulation: SEBI (Depositories and Participants) Regulations, 2018 Period Covered: January 01, 2026 to March 31, 2026 Filing Date: April 03, 2026 Registrar: MUFG Intime India Private Limited
Key Compliance Confirmation
The certificate specifically confirms that no Demat/Remat requests were received during the quarter from any of the depositories. This indicates that all equity shares of the company continue to be held in electronic form, maintaining full compliance with regulatory requirements for listed companies.
Stock Exchange Filing
The compliance certificate was simultaneously filed with both stock exchanges where Borosil Scientific shares are listed. The company's shares trade on BSE Limited under scrip code 544184 and on the National Stock Exchange of India Limited under the trading symbol BOROSCI.
Exchange Details: Information BSE Scrip Code: 544184 NSE Trading Symbol: BOROSCI Company CIN: L74999MH1991PLC061851 Filing Officer: Sanjay Gupta, Company Secretary
Corporate Information
Sanjay Gupta, Company Secretary and Compliance Officer (ICSI Membership No.: A24641), signed the filing on behalf of Borosil Scientific Limited. The company's registered and corporate office is located at 1101, Crescenzo, G-Block, Opp. MCA Club, Bandra Kurla Complex, Bandra(E), Mumbai-400 051.
This quarterly compliance filing demonstrates the company's adherence to regulatory requirements and maintains transparency with stakeholders regarding the status of its securities in the depository system.
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