Virat Industries Receives BSE Listing Approval for 95,99,999 Preferential Equity Shares

Virat Industries Limited has received listing approval from BSE Limited for its preferential share allotment, marking a significant corporate development. The approval was granted on March 27, 2026, for a substantial equity issuance to a promoter.

Share Allotment Details

The listing approval covers the following share specifications:

Parameter: Details Number of Shares: 95,99,999 equity shares Face Value: Rs. 10 per share Premium: Rs. 94 per share Allottee: Mr. Bhavook Chandraprakash Tripathi Distinctive Numbers: 4923341 to 14523339 Basis: Preferential allotment

Regulatory Compliance

Virat Industries informed BSE about this development pursuant to Regulation 30 of Securities and Exchange Board of India (Listing and Disclosure Requirement) Regulations, 2015. The company's communication was signed by Shreeya Mahendra Jadav, Company Secretary and Compliance Officer, ensuring proper corporate governance protocols.

BSE has acknowledged receipt of the application along with all required enclosures and granted the listing approval for the preferential shares. The exchange emphasized that the company must ensure compliance with Regulation 167 of SEBI (ICDR) Regulations and other specifications mandated by SEBI.

Trading Approval Requirements

While listing approval has been granted, BSE has specified that trading approval will be provided only after the company fulfills additional requirements:

Listing approval from National Stock Exchange of India Ltd. (if applicable)

Confirmation letters from NSDL/CDSL regarding crediting shares to beneficiary accounts

Confirmation about admitting the capital to the depository system

Confirmation letters regarding lock-in of pre-preferential holding (if applicable)

Timeline and Compliance

BSE has highlighted that as per Schedule XIX of ICDR Regulations and SEBI circular dated June 21, 2023, listed entities must apply for trading approval within seven working days from the date of listing approval grant. Non-compliance with this requirement will attract penalties as specified in the SEBI circular.

The company must also file shareholding pattern in XBRL mode under Regulation 31(1)(c) of SEBI LODR Regulations, 2015, if there is a change exceeding two percent of the total paid-up share capital.

Corporate Information

Virat Industries Limited operates from its registered office and factory at GIDC Industrial Estate, Kabilpore, Navsari, Gujarat, with corporate head office located at Bajaj Bhavan, Nariman Point, Mumbai. The approval letter was signed by Marian D'souza, Assistant Vice President, and Hetika Chandni, Deputy Manager from BSE.

Virat industries has announced a trading window closure for its securities, effective from April 1, 2026, in compliance with SEBI insider trading regulations. The closure will remain in effect until 48 hours after the company declares its audited financial results for the quarter and year ended March 31, 2026.

Trading Window Closure Details

The company has issued a formal notice to BSE Limited regarding the trading window restrictions. The closure applies to all promoters, board members, officers, designated employees, and specified connected persons of the company.

Parameter: Details Effective Date: April 1, 2026 Closure Period: Till 48 hours after Q4FY26 results declaration Applicable To: Promoters, Board Members, Officers, Designated Employees, Connected Persons BSE Code: 530521

Regulatory Compliance

The trading window closure has been implemented in accordance with SEBI (Prohibition Of Insider Trading) Regulations, 2015. The company has specifically referenced SEBI Circular No. SEBI/HO/ISD/ISD-PoD-2/P/CIR/2023/124 dated July 19, 2023, as the basis for this action.

Board Meeting Announcement

Virat Industries has indicated that the date of the board meeting for declaring the audited financial results for the quarter and year ended March 31, 2026, will be communicated separately. The trading window will reopen 48 hours after the official declaration of these financial results.

Company Information

The notice was signed by Adi F Madan, Managing Director (DIN: 00023629), and submitted to BSE Limited on March 24, 2026. The company operates from its registered office and factory located at A-1/2 GIDC Industrial Estate, Kabilpore, Navsari, Gujarat, with corporate headquarters in Mumbai.

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