Ajwa Fun World & Resort Ltd has submitted its quarterly compliance certificate to BSE Limited under SEBI's regulatory framework for depositories and participants. The filing, dated 10th April 2026, pertains to the quarter and year ended 31st March 2026.

Regulatory Compliance Filing

The company filed the certificate pursuant to Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. The submission was made to the Corporate Relationship Department of BSE Limited, where the company's shares are listed.

Registrar Confirmation

The filing included a confirmation certificate from Adroit Corporate Services Private Limited, the company's registrar and transfer agent. The registrar confirmed compliance with dematerialisation procedures during the quarter ended 31st March 2026.

Key confirmations provided by the registrar include:

• Securities received from depository participants for dematerialisation were properly confirmed to depositories
• All securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialisation were mutilated and cancelled after due verification
• Depositories' names were substituted in the register of members as registered owners within the prescribed 15-day timeframe

Management Authorization

The compliance certificate was signed by Rajeshkumar Chunilal Jain, Managing Director of Ajwa Fun World & Resort Ltd (DIN: 00285542). The filing demonstrates the company's adherence to SEBI's regulatory requirements for listed entities regarding depository operations and participant regulations.

This quarterly compliance filing is part of the company's ongoing regulatory obligations as a listed entity on BSE Limited, ensuring transparency and proper handling of securities dematerialisation processes.

Ajwa Fun World & Resort Ltd. has received formal requests from three members of its promoter group seeking reclassification from the 'Promoter and Promoter Group' category to 'Public' category under SEBI Listing Regulations. The company informed BSE on April 7, 2026, about receiving these reclassification requests pursuant to Regulation 30 and Regulation 31A(8) of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Shareholders Seeking Reclassification

Three promoter group members have submitted formal applications for category change, citing minimal shareholding and lack of operational control over the company:

Justification for Reclassification

The requesting shareholders have provided detailed justifications for their reclassification request. Each applicant stated they hold "insignificant and negligible quantity of shares" and are not associated with the company's business operations. The shareholders emphasized they do not exercise any control over the company, directly or indirectly, nor have any influence over business and policy decisions.

Key declarations made by the applicants include:

• No involvement in day-to-day company activities
• No exercise of control over company affairs
• No special rights through formal or informal arrangements
• No representation on the board of directors
• Not acting as key managerial personnel
• No status as willful defaulters or fugitive economic offenders

Regulatory Compliance Framework

The reclassification requests comply with SEBI Regulation 31A requirements. Each applicant has provided comprehensive undertakings confirming they, along with related persons, do not hold more than ten percent of total voting rights and meet all specified conditions for public category classification.

The shareholders have committed to maintain compliance with sub-clauses (i), (ii), and (iii) of Regulation 31A(3) continuously from the reclassification date. Additionally, they have agreed to comply with sub-clauses (iv) and (v) conditions for a minimum period of three years post-reclassification.

Approval Process

The reclassification request is subject to analysis and approval by the company's Board of Directors and subsequent consent from BSE Limited. The process must comply with all applicable conditions specified under Regulation 31A of SEBI Listing Regulations. The company has submitted the complete request documentation to BSE as Annexure A for regulatory review and approval.