Bengal & Assam Company Limited Submits Q4FY26 SEBI Compliance Certificate

1 min read     Updated on 07 Apr 2026, 04:26 PM
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Bengal & Assam Company Limited filed its Q4FY26 compliance certificate under SEBI Regulation 74(5) on 7th April, 2026, for the quarter ended 31st March, 2026. The certificate was submitted to National Securities Depository Limited and Central Depository Services (India) Limited through Company Secretary Dillip Kumar Swain. Registrar Alankit Assignments Limited confirmed proper processing of dematerialized securities within regulatory timelines and maintained listing status on stock exchanges.

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Bengal & Assam Company Limited has submitted its quarterly compliance certificate under SEBI regulations for the quarter ended 31st March, 2026. The certificate, dated 7th April, 2026, was filed in accordance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Filing

The company forwarded the compliance certificate to both major depositories in India through Company Secretary Dillip Kumar Swain. The filing demonstrates the company's adherence to regulatory requirements for securities dematerialization processes.

Filing Details: Information
Quarter Ended: 31st March, 2026
Filing Date: 7th April, 2026
Regulation: SEBI Regulation 74(5)
Filed By: Company Secretary Dillip Kumar Swain

Depositories Notified

The compliance certificate was submitted to India's primary securities depositories to ensure proper regulatory documentation. Both institutions received copies of the certification confirming the company's compliance with dematerialization regulations.

Recipients:

  • National Securities Depository Limited, Mumbai
  • Central Depository Services (India) Limited, Mumbai
  • BSE Limited (through BSE Listing Centre)

Registrar Confirmation

Alankit Assignments Limited, serving as the company's Registrar and Share Transfer Agent, provided the compliance certificate dated 7th April, 2026. The registrar confirmed that all securities received for dematerialization were properly processed according to regulatory requirements.

Compliance Confirmation: Details
Registrar: Alankit Assignments Limited
Signatory: Kamal Garg, General Manager
Processing Timeline: Within 15 days of receipt
Listing Status: Securities remain listed on stock exchanges

Regulatory Adherence

The registrar certified that securities received for dematerialization were mutilated and cancelled after due verification, with the depository's name substituted in company records as the registered owner within the mandated 15-day timeline. Additionally, the confirmation stated that dematerialized securities continue to be listed on the same stock exchanges where the original securities were listed.

This quarterly filing represents part of Bengal & Assam Company Limited's ongoing compliance with SEBI regulations governing depositories and participants, ensuring transparency in securities handling and investor protection.

Historical Stock Returns for Bengal & Assam

1 Day5 Days1 Month6 Months1 Year5 Years
-1.22%-3.04%+8.10%+8.10%+8.10%+8.10%

Will Bengal & Assam Company Limited's consistent regulatory compliance improve its ESG ratings and attract institutional investors?

How might SEBI's evolving depository regulations impact the company's future compliance costs and operational procedures?

Could the company's strong compliance track record position it favorably for potential stock exchange upgrades or new listing opportunities?

Bengal & Assam Company's Step-Down Subsidiary Allots 50,000 Equity Shares Worth Rs. 5,00,000

1 min read     Updated on 06 Mar 2026, 06:15 PM
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Bengal & Assam Company Limited disclosed that its step-down subsidiary JK Agri Research Services Limited has allotted 50,000 equity shares of Rs. 10/- each at par, totaling Rs. 5,00,000 in cash to fellow subsidiary Sridharnath Research Limited. This transaction increased SRL's shareholding in JKARSL from 51% to 91.83%, representing a significant consolidation within the group structure. The disclosure was made under SEBI Regulation 30 compliance requirements.

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Bengal & Assam Company Limited has announced a significant equity allotment by its step-down subsidiary, marking an important corporate development within the group structure. The company disclosed this transaction under regulatory compliance requirements to the stock exchange.

Share Allotment Details

JK Agri Research Services Limited (JKARSL), a step-down subsidiary of J.K. Fenner (India) Limited, has completed the allotment of equity shares to strengthen its capital structure. The transaction involves strategic shareholding changes within the group companies.

Parameter: Details
Shares Allotted: 50,000 equity shares
Face Value: Rs. 10/- each
Issue Price: At par (Rs. 10/-)
Total Value: Rs. 5,00,000
Payment Mode: Cash
Allottee: Sridharnath Research Limited (SRL)

Shareholding Impact

The equity allotment has resulted in a substantial change in the ownership structure of JKARSL. Sridharnath Research Limited, which was already an existing shareholder, has significantly increased its stake in the company.

Shareholding Metric: Before Allotment After Allotment
SRL's Stake in JKARSL: 51% 91.83%
Change: - +40.83%

Corporate Structure and Compliance

The transaction involves multiple layers of the corporate structure, with JKARSL being a step-down subsidiary of J.K. Fenner (India) Limited (JKFIL), which is classified as a material subsidiary of Bengal & Assam Company Limited. Both JKARSL and SRL are connected through their relationship with JKFIL, making them fellow subsidiaries within the group.

The disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency in material corporate actions. The company had previously communicated about this matter through a letter dated 8th January, 2025, indicating ongoing regulatory compliance and stakeholder communication.

Key Transaction Highlights

  • Strategic consolidation: The allotment represents internal restructuring within the group
  • Significant control increase: SRL's shareholding jumped from majority to super-majority stake
  • Cash transaction: The entire Rs. 5,00,000 consideration was paid in cash
  • Regulatory compliance: Full disclosure made under SEBI listing regulations

This equity allotment reflects the group's internal capital allocation strategy and strengthens the ownership structure within the subsidiary network of Bengal & Assam Company Limited.

Historical Stock Returns for Bengal & Assam

1 Day5 Days1 Month6 Months1 Year5 Years
-1.22%-3.04%+8.10%+8.10%+8.10%+8.10%

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1 Year Returns:+8.10%