Ashika Credit Capital Limited has submitted its quarterly compliance certificate to BSE Ltd, confirming that no dematerialisation requests for equity shares were received during the quarter ended 31st March, 2026. The certificate was filed under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018.

Quarterly Compliance Certificate Details

The compliance certificate was signed by Company Secretary and Compliance Officer Anju Mundhra (FCS: 6686) on 7th April, 2026. The document confirms that there were no requests for dematerialisation of equity shares during the period from 01.01.2026 to 31.03.2026.

Registrar Confirmation

Maheshwari Datamatics Pvt. Ltd., serving as the company's Registrar and Transfer Agent, provided independent confirmation of the zero dematerialisation activity. The registrar's certificate, dated 02/04/2026, specifically states that no dematerialisation request for equity shares was confirmed during the period 01/01/2026 to 31/03/2026.

Maheshwari Datamatics Pvt. Ltd. is registered with CIN U20221WB1982PTC034886 and operates from its registered office at 23, R. N. Mukherjee Road, 5th Floor, Kolkata - 700 001.

Regulatory Compliance

The filing represents standard quarterly compliance under SEBI's regulatory framework for depositories and participants. Companies are required to submit certificates confirming dematerialisation activity or the absence thereof for each quarter. This ensures transparency in share transfer and dematerialisation processes.

The certificate was submitted to BSE Ltd at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai, where Ashika Credit Capital Limited trades under scrip code 543766. The company maintains its registered office at Trinity, 226/1, A.J.C. Bose Road, 7th Floor, Kolkata, PIN 700020.

Ashika Credit Capital Limited has published newspaper advertisements regarding the compulsory transfer of unclaimed equity shares to the Investor Education and Protection Fund (IEPF) Authority. The company informed BSE Limited on April 02, 2026, about the publication of notices in "Financial Express" (English) and "Arthik Lipi" (Bengali) newspapers.

Exchange Notification and Regulatory Compliance

The company submitted its notification to the General Manager, Department of Corporate Service, BSE Limited, referencing its earlier intimation dated April 01, 2026. The notification fulfills obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding the newspaper publication requirement for IEPF share transfers.

Legal Framework and Transfer Process

The transfer process operates under Section 124(6) of the Companies Act, 2013, read with the Investor Education and Protection Fund Authority (Accounting, Auditing, Transfer and Refund) Rules, 2016. The company has identified shareholders whose dividends remain unpaid or unclaimed for seven or more consecutive years, making their equity shares liable for transfer to the IEPF Authority for Financial Year 2018-19.

Shareholder Action Requirements

Shareholders affected by this transfer must claim their outstanding dividends before September 13, 2026, to prevent share transfer. The company has uploaded details of such shareholders on its website at https://www.ashikagroup.com/ . Both unclaimed dividends and transferred shares, including all accruing benefits, can be reclaimed from IEPF Authority following prescribed procedures.

Post-Transfer Implications

Once shares are transferred to IEPF Authority, all corporate benefits will be credited to IEPF, and voting rights remain frozen until rightful owners claim the shares. Physical share certificates become non-negotiable, while demat shares are transferred through corporate action via depositories.

The notice was signed by Anju Mundhra, Company Secretary & Compliance Officer (F6686), emphasizing the company's commitment to regulatory compliance and transparent shareholder communication throughout this mandatory process.