Beezaasan Explotech Limited has fulfilled its regulatory obligations by submitting the mandatory compliance certificate under SEBI (Depositories and Participants) Regulation 2018 for the half-year ended March 31, 2026. The submission ensures adherence to securities market regulations governing depositories and participants.

Regulatory Compliance Submission

The company filed the certificate under Regulation 74(5) with BSE Limited on April 17, 2026. Company Secretary and Compliance Officer Aakansha Kamley digitally signed and submitted the documentation to the exchange's listing department.

Certificate Issuance by Registrar

KFin Technologies Limited, serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate on April 1, 2026. The certificate confirms that all required details of securities dematerialized and rematerialized during the specified period have been properly furnished to stock exchanges.

Ganesh Chandra Patro, Deputy Vice President at KFin Technologies Limited, signed the certificates addressed to both Central Depository Services (India) Limited and National Securities Depository Limited. The certificates verify compliance with SEBI regulations regarding the reporting of dematerialization and rematerialization activities.

Company Information

Beezaasan Explotech Limited operates from its registered office located at Swagat Twincity Highstreet, Gandhinagar, Gujarat. The company maintains its correspondence office in Himmatnagar, Gujarat, and trades on BSE under scrip code 544369.

The regulatory filing demonstrates the company's commitment to maintaining transparency and compliance with securities market regulations. The certificate submission ensures that all stakeholders, including depositories and stock exchanges, have access to accurate information regarding the company's securities transactions during the reporting period.

Beezaasan Explotech Limited has successfully completed the allotment of 22,30,641 fully paid-up equity shares on March 02, 2026, following board approval for the preferential issue arrangement. The allotment, valued at Rs.526.44 crore, was executed through a share swap mechanism to acquire 34.84% shareholding in Asawara Earthtech Limited.

Share Allotment Completion

The board of directors approved the allotment of equity shares with a face value of Rs.10 each at an issue price of Rs.236 per share, including a premium of Rs.226 per share. The total consideration amounts to Rs.52,64,31,276 for consideration other than cash.

Allottee Distribution

The shares were distributed among seven allottees from the promoter and promoter group categories. The largest allocations went to key promoters Navneetkumar Radheshyam Somani and Sunilkumar Radheshyam Somani.

Capital Structure Impact

Following the allotment, the company's paid-up equity capital has increased significantly. The new equity shares rank pari passu with existing equity shares of the company.

Regulatory Compliance and Timeline

The allotment follows the structured approval process that began in November 2025. BSE Limited had granted in-principle approval through letter LOD/PREF/TT/FIP/1730/2025-26 dated February 18, 2026, authorizing the preferential issue.

Strategic Acquisition Purpose

The preferential allotment was executed specifically for acquiring 34.84% shareholding in Asawara Earthtech Limited through a share swap arrangement. This strategic move allows Beezaasan Explotech to expand its business interests while providing promoters with increased stake in the company. The allotment complies with SEBI ICDR Regulations and the Companies Act, 2013, ensuring all regulatory requirements are met for the non-cash consideration transaction.