Caprihans India Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The submission relates to the quarter ended March 31, 2026, and demonstrates the company's adherence to mandatory compliance protocols.

Regulatory Submission Details

The compliance certificate was filed on April 3, 2026, by Rajesh P. Likhite, Company Secretary and Compliance Officer of Caprihans India Limited. The submission was directed to BSE Limited at Phiroze Jeejeebhoy Towers, Mumbai, under the company's code number 509486.

Registrar Confirmation

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, serves as the Registrar and Share Transfer Agent for Caprihans India Limited. The registrar issued its confirmation certificate on April 1, 2026, validating compliance with dematerialization requirements.

The registrar confirmed that securities received from depository participants for dematerialization during the quarter ended March 31, 2026, were properly processed and confirmed to the depositories. Additionally, MUFG Intime India confirmed that all security certificates received for dematerialization were appropriately handled within prescribed timelines.

Compliance Verification

The certificate validates several key compliance aspects:

• Securities received for dematerialization were confirmed or rejected to depositories as required
• Listed securities maintain compliance with stock exchange requirements
• Security certificates were properly mutilated and cancelled after verification
• Depository names were substituted in the register of members within prescribed timelines

Ashok Shetty, Senior Vice President-Corporate Registry at MUFG Intime India Private Limited, signed the confirmation certificate, ensuring proper authorization and validation of the compliance processes.

Corporate Information

Caprihans India Limited operates from its registered office at Plot C-13/16, Road No-16T, Wagle Industrial Estate, Thane, Mumbai. The company maintains its corporate communications through its Pune office at ICC Trade Towers, demonstrating its operational presence across key business centers in Maharashtra.

Caprihans India Limited received official SEBI (SAST) regulatory disclosure from promoter Bilcare Limited regarding the fourth tranche warrant conversion completed on March 25, 2026. The comprehensive filing under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 confirms the conversion of 3.30 lakh warrants into equity shares, increasing Bilcare Limited's shareholding to 59.56%.

Official SEBI SAST Regulatory Disclosure

Bilcare Limited submitted detailed disclosure documentation to BSE Limited and Caprihans India Limited, confirming the exercise of warrant conversion rights during the fourth tranche of the financial year 2025-26. Company Secretary Sagar R. Baheti executed the mandatory filing with comprehensive details of the preferential allotment pursuant to convertible warrant conversion.

Progressive Shareholding Pattern Analysis

The regulatory disclosure provides comprehensive details of all four warrant conversion tranches executed during financial year 2025-26. Bilcare Limited's systematic conversion pattern demonstrates consistent exercise of warrant rights, with shareholding progression from 55.99% to 59.56% across the conversion period.

Current Shareholding Structure

Following the latest warrant conversion, Bilcare Limited's equity shareholding increased from 91.48 lakh shares to 94.78 lakh shares, representing 59.56% of the total paid-up equity share capital. The disclosure confirms the company's position as sole promoter with significant remaining warrant holdings for potential future conversions.

Capital Structure Impact Assessment

The regulatory filing details the equity share capital increase from ₹15.58 crores to ₹15.91 crores following the warrant conversion. The disclosure includes comprehensive diluted share capital calculations assuming full conversion of the remaining 20.20 lakh warrants, projecting total diluted capital of ₹17.93 crores.

Regulatory Compliance Framework

The comprehensive disclosure demonstrates full compliance with SEBI (SAST) Regulations, 2011, including detailed acquisition particulars, mode of acquisition through preferential allotment, and post-conversion shareholding patterns. The filing confirms the transaction execution in accordance with applicable provisions of the Companies Act, 2013 and SEBI regulations.