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  3. Shree Bhavya Fabrics Limited Files SEBI Disclosure Under Takeover Regulations for FY26
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  • 08 Apr 2026
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 Shree Bhavya Fabrics Limited Files SEBI Disclosure Under Takeover Regulations for FY26

Shree Bhavya Fabrics Limited filed its mandatory SEBI disclosure for FY26, confirming no new share encumbrances by promoters during the year. The disclosure, submitted by promoter Purushottam Radheshyam Agarwal, reaffirmed an existing pledge of 18,07,581 equity shares to Bank of India from FY14. The filing demonstrates continued regulatory compliance under SEBI takeover regulations.

Shree Bhavya Fabrics Limited Files SEBI Disclosure Under Takeover Regulations for FY26

Shree Bhavya Fabrics Limited has filed its regulatory disclosure under SEBI takeover regulations for the financial year ended March 31, 2026. The disclosure was submitted to BSE Limited on April 7, 2026, fulfilling mandatory compliance requirements under securities regulations.

Regulatory Disclosure Details

The disclosure was filed under Regulation 31(4) of Securities Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011. Mr. Purushottam Radheshyam Agarwal, a promoter and person acting in concert, submitted the declaration on behalf of the entire promoter and promoter group of the company.

Parameter: Details Filing Date: April 7, 2026 Financial Year: Ended March 31, 2026 Regulation: SEBI Regulation 31(4) Filed By: Purushottam Radheshyam Agarwal Capacity: Promoter & Person Acting in Concert

Share Encumbrance Status

The promoter group confirmed that no new encumbrances were created on shares held by them during the financial year 2025-26. The declaration specifically states that promoters and promoter group members, along with persons acting in concert, did not make any encumbrance of shares held directly or indirectly during FY26, other than those already disclosed.

However, the disclosure reaffirmed an existing encumbrance where Mr. Purushottam Radheshyam Agarwal had previously pledged 18,07,581 equity shares to Bank of India during the financial year 2013-14.

Company Information

Shree Bhavya Fabrics Limited operates under CIN L17119GJ1988PLC011120 and trades on BSE with scrip code 521131 and trading symbol SBFL. The company is headquartered in Ahmedabad, Gujarat, with its registered office located at Survey No. 170 Opp. Advance Petrochem Limited, Pirana Road, Piplej, Ahmedabad-382405.

Compliance Framework

The filing represents part of ongoing regulatory compliance under SEBI takeover regulations, which require promoters to disclose any substantial acquisitions or encumbrances of shares. Such disclosures ensure transparency in shareholding patterns and protect investor interests by maintaining clear visibility of promoter commitments and share pledging activities.

The disclosure was signed by Hemangi Akshaykumar Vasoya, Director and Company Secretary & Compliance Officer, confirming the company's adherence to regulatory timelines and disclosure requirements for the concluded financial year.

Shree bhavya fabrics Limited has announced the appointment of Ms. Hemangi Akshaykumar Vasoya as Company Secretary and Compliance Officer, effective February 21, 2026. The decision was made during a board meeting held on Saturday, February 21, 2026, based on the recommendation of the Nomination and Remuneration Committee.

Board Meeting Details

The Board of Directors meeting commenced at 02:00 P.M. and concluded at 02:30 P.M. on February 21, 2026. The appointment was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI circular no. SEBI/HO/CFD/PoD/CIR/P/0155 dated November 11, 2024.

Appointee Profile and Qualifications

Parameter: Details Name: Ms. Hemangi Akshaykumar Vasoya Membership Number: A-72732 Qualification: Company Secretary (since 2023) Professional Body: Associate member of ICSI Experience: 3 years Appointment Date: February 21, 2026

Ms. Vasoya is a qualified Company Secretary since 2023 and holds Associate membership of the Institute of Company Secretaries of India (ICSI). She possesses knowledge and experience in corporate laws and listing regulations, bringing three years of total working experience to her new role.

Key Appointment Details

The appointment encompasses the dual role of Company Secretary and Compliance Officer for Shree Bhavya Fabrics Limited. Ms. Vasoya has no existing shareholding in the company and maintains no relationships with the current directors of the organization.

Regulatory Compliance

The company has fulfilled all disclosure requirements under Regulation 30 of SEBI Listing Regulations in conjunction with the SEBI Circular dated November 11, 2024. The appointment strengthens the company's corporate governance framework and ensures continued compliance with regulatory obligations.

The announcement was signed by Purushottam Radheshyam Agarwal, Managing Director (DIN: 00396869), and communicated to BSE Limited where the company's shares are listed under scrip code 521131 and trading symbol SBFL.

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