Deco Mica Limited Submits Q4FY26 Depository Compliance Certificate to BSE

1 min read     Updated on 11 Apr 2026, 12:40 AM
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Deco Mica Limited filed its quarterly depository compliance certificate for Q4FY26 with BSE Limited, confirming adherence to SEBI regulations regarding securities dematerialization and transfer processes through its registered transfer agent MCS Share Transfer Agent Limited.

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Deco mica Limited has submitted its Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The certificate was filed with BSE Limited on April 10, 2026, through the company's Registrar and Share Transfer Agent (RTA), MCS Share Transfer Agent Limited.

Regulatory Filing Details

Managing Director and CEO Vijaykumar Agarwal (DIN: 01869337) submitted the confirmation certificate to BSE Limited's Department of Corporate Services. The filing was made in compliance with SEBI's depository and participant regulations for the fourth quarter of the financial year ended March 31, 2026.

Parameter: Details
Filing Date: April 10, 2026
Certificate Date: April 07, 2026
Quarter Period: Q4FY26 (ended March 31, 2026)
Regulation: SEBI (Depositories and Participants) Regulations 74(5)
Exchange: BSE Limited
Scrip Code: 531227
RTA: MCS Share Transfer Agent Limited

RTA Confirmation Certificate

MCS Share Transfer Agent Limited, located at 201, Shatdal Complex, Opp Bata Show Room, Ashram Road, Ahmedabad, issued the confirmation certificate dated April 07, 2026. The RTA confirmed that securities received from depository participants for dematerialization during Q4FY26 were properly processed and confirmed to the depositories.

The certificate confirms compliance with key regulatory requirements:

Compliance Aspect: Status
Securities Confirmation: Accepted/Rejected to depositories
Stock Exchange Listing: Securities listed where earlier issues are listed
Certificate Processing: Mutilated and cancelled after verification
Register Update: Depository names substituted within 15 days

Corporate Information and Documentation

Deco Mica Limited operates from its administrative office at 306, 3rd floor, Iscon Mall, Above Star Bazar, Jodhpur Cross Road, Ahmedabad-380015, and marketing office at 303, 3rd floor, Pinnacle Business Park, Prahladnagar to Corporate Road, Makarba, Ahmedabad-380015. The submission was digitally signed by Managing Director Vijaykumar Agarwal and bears the official company seal.

This quarterly compliance filing ensures adherence to SEBI's depository regulations and maintains transparency in the company's share transfer and dematerialization processes, providing regulatory authorities with confirmation of proper handling of securities during the quarter.

Historical Stock Returns for Deco Mica

1 Day5 Days1 Month6 Months1 Year5 Years
-4.98%-0.94%+6.87%-20.49%-11.61%+125.64%

Will Deco Mica Limited's consistent regulatory compliance improve its ESG ratings and attract institutional investors in FY27?

How might SEBI's potential updates to depository regulations in 2026-27 affect Deco Mica's future compliance costs and processes?

Could Deco Mica's smooth dematerialization processes indicate plans for upcoming equity fundraising or share buyback programs?

Deco Mica Limited Pays ₹1.01 Lakh Fine for SEBI LODR Regulation Non-Compliance

2 min read     Updated on 01 Apr 2026, 08:36 PM
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AI Summary

Deco Mica Limited paid ₹1,01,520 in penalties to BSE Limited for violations of SEBI LODR regulations, including delayed submissions of compliance reports and board meeting conduct issues. The company received the penalty notice on March 31, 2026, and made immediate payment through RTGS after deducting ₹9,400 in TDS. The violations spanned from 2017 to 2025, with the largest penalty of ₹63,720 for delayed Secretarial Compliance Report submission.

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Deco Mica Limited has disclosed the payment of regulatory penalties totaling ₹1,01,520 to BSE Limited for multiple violations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company made this disclosure on April 1, 2026, in compliance with Regulation 30 of SEBI LODR regulations.

Penalty Details and Violations

BSE Limited imposed the fine through an email communication received on March 31, 2026, at approximately 3:40 PM. The penalty covers violations across three specific regulations with varying compliance delays and non-compliance issues.

Parameter: Details
Penalty Authority: BSE Limited
Total Fine Amount: ₹1,01,520 (including GST)
Date of Notice: March 31, 2026
Payment Date: March 31, 2026
Payment Method: RTGS (UTR: HDFCH00900417014)

Specific Regulatory Violations

The fine encompasses three distinct violations of SEBI LODR regulations, each carrying different penalty amounts and relating to different compliance periods.

Breakdown of Violations and Penalties

Regulation: Violation Details Fine Amount TDS Deducted Net Payment
SOP-Reg 24A: Delayed Secretarial Compliance Report (Q4 FY25) ₹63,720 ₹5,400 ₹58,320
SOP-Reg 27(2): Delayed Corporate Governance Report (Q2 FY18) ₹35,400 ₹3,000 ₹32,400
SOP-Reg 17(2): Non-compliance with Board Meeting conduct ₹11,800 ₹1,000 ₹10,800

The most significant violation involved Regulation 24A, where the company delayed submission of its Secretarial Compliance Report for the quarter ended March 2025. The report was due on June 1, 2025, but was submitted on June 28, 2025, resulting in a 27-day delay.

Historical Compliance Issues

One notable aspect of the penalty involves a violation dating back to 2017. The company was penalized under Regulation 27(2) for delayed submission of its Corporate Governance Report for the quarter ended September 2017. The report was due on October 16, 2017, but was submitted on November 15, 2017.

Financial Impact Assessment

According to the company's disclosure, the regulatory penalty has minimal impact on its operations beyond the monetary penalty itself. The company stated that there is "nil impact on financial, operation or other activities" except for the penalty amount of ₹1,01,520 imposed by BSE.

Payment and Compliance Status

Deco Mica Limited completed the penalty payment on March 31, 2026, the same day it received the penalty notice. The company paid through RTGS transfer and deducted TDS totaling ₹9,400 across all three violations. The disclosure was signed by Managing Director and CEO Vijaykumar Agarwal (DIN: 01869337) and filed with BSE to ensure compliance with current SEBI LODR requirements.

Historical Stock Returns for Deco Mica

1 Day5 Days1 Month6 Months1 Year5 Years
-4.98%-0.94%+6.87%-20.49%-11.61%+125.64%

Will Deco Mica face increased regulatory scrutiny or monitoring from SEBI given the pattern of compliance violations spanning multiple years?

How might these regulatory penalties affect Deco Mica's credit rating or borrowing costs in future debt arrangements?

Could the repeated compliance failures impact institutional investor confidence and lead to changes in the company's shareholding pattern?

1 Year Returns:-11.61%