Aar Shyam India Investment Company Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The submission demonstrates the company's adherence to dematerialization compliance standards for the quarter ended March 31, 2026.

Regulatory Compliance Submission

The company filed the certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 with both BSE Limited and Calcutta Stock Exchange Limited on April 10, 2026. Director Ankit Mehra (DIN: 07669838) signed the submission on behalf of the company.

RTA Confirmation Certificate

Mas Services Limited, serving as the company's Registrar and Share Transfer Agent, issued the compliance confirmation certificate dated April 02, 2026. The RTA confirmed adherence to dematerialization requirements for the period from January 01, 2026 to March 31, 2026.

The certificate confirms that securities received from Depository Participants for dematerialization were processed within the mandated 15-day timeframe. Mas Services Limited verified that all security certificates received for dematerialisation were properly mutilated and cancelled after due verification.

Process Compliance Details

The RTA's confirmation covers several key compliance areas:

• Securities received from Depository Participants were confirmed within 15 days of receipt
• Security certificates were mutilated and cancelled after proper verification
• Depository names were substituted in the register of members as registered owners within the prescribed timeframe
• Updates were provided to Depositories and Stock Exchanges within the 15-day limit
• Register of Members was updated accordingly

Company Information

Aar Shyam India Investment Company Limited operates with its registered office located at 920, 9th Floor Kirti Shikar Building, District Centre Janakpuri, New Delhi – 110058. The company maintains its corporate identification number as L67120DL1983PLC015266 and can be reached through its website www.aarshyam.in .

Aar Shyam India Investment Company Limited has received unanimous approval from its Committee of Independent Directors (IDC) for an open offer by Guruomega Private Limited and Mr. Man Mohan Katiyal. The recommendation supports the acquisition of up to 7,80,000 equity shares at Rs. 19.30 per share under SEBI regulations.

Open Offer Structure and Pricing

The open offer is being conducted under Regulation 3(1) and Regulation 4 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquirers seek to purchase 7,80,000 equity shares of Rs. 10 each, representing 26% of the paid-up equity share capital.

The offer price has been revised to Rs. 19.30 per share after incorporating interest at 10% per annum due to delays in filing the Letter of Offer. The IDC determined this price represents the highest among selective criteria and aligns with SEBI SAST Regulations.

Committee Recommendation and Timeline

The Committee of Independent Directors comprises three members who evaluated the offer comprehensively. The IDC recommendation was approved on March 21, 2026, and published on March 23, 2026.

The committee confirmed that none of the IDC members hold equity shares in the target company or have relationships with the acquirers.

Implementation and Key Dates

Turnaround Corporate Advisors Private Limited serves as the manager to the offer, with SEBI registration number INM000012290. The Letter of Offer dispatch was completed on March 18, 2026, to all public shareholders.

The open offer will be implemented through BSE Limited's stock exchange mechanism using a separate acquisition window. Public shareholders can tender their shares through the designated platform, with the process subject to securities transaction tax.

Regulatory Compliance and Documentation

The target company has undergone significant changes, including surrendering its NBFC certificate to RBI on January 23, 2026, and relocating its registered office to Space No. 920, Kirti Shikhar Building, District Centre, Janakpuri B-1, New Delhi. The escrow account balance stands at Rs. 37,63,500 to facilitate the transaction.

The Letter of Offer, along with Form of Acceptance cum Acknowledgement, is available on websites of SEBI, BSE, the manager, target company, and registrar. Public shareholders who did not receive the LOF can download it from these platforms or participate using plain paper applications with required documentation.