Duke Commerce Limited has formally declared that neither the company nor persons acting in concert have created any encumbrance on the shares of Zuari Agro Chemicals Limited during the financial year ended March 31, 2026. The declaration was submitted in compliance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The disclosure, dated April 2, 2026, was addressed to the Audit Committee of Zuari Agro Chemicals Limited, the National Stock Exchange of India Limited, and BSE Limited. Duke Commerce Limited confirmed that no encumbrances have been made directly or indirectly on the shares of the target company, other than those already disclosed to the stock exchanges and the company.

Declaration Details

Regulatory Compliance

The submission fulfills the regulatory requirement under SEBI SAST Regulations, which mandate disclosures regarding encumbrances on shares of target companies. Duke Commerce Limited stated that this declaration is for the information and record of the concerned parties, including the stock exchanges and the target company's audit committee.

The formal letter was signed by Manisha Chandalia, Company Secretary of Duke Commerce Limited, and included the company's official seal. The document confirms Duke Commerce Limited's commitment to regulatory transparency and compliance with SEBI guidelines for substantial acquisition disclosures.

Zuari Agro Chemicals Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling regulatory obligations under SEBI guidelines for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company filed a certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 on April 6, 2026. This mandatory submission was made to both BSE Limited and National Stock Exchange of India Limited, demonstrating adherence to regulatory timelines.

Certificate Confirmation

MUFG Intime India Private Limited, serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate dated April 6, 2026. The certificate confirms that securities received from depository participants for dematerialisation during Q4FY26 were properly processed and confirmed to depositories within prescribed timelines.

The registrar confirmed that all security certificates received for dematerialisation were appropriately verified, mutilated, and cancelled after due verification by depository participants. Additionally, the names of depositories were substituted in the register of members as registered owners following proper procedures.

Process Verification

Key confirmations provided in the certificate include:

• Securities received for dematerialisation were confirmed or rejected to depositories
• All securities are listed on stock exchanges where previously issued securities are traded
• Security certificates were mutilated and cancelled after proper verification
• Depository names were substituted in member registers within prescribed timelines

Administrative Details

The certificate was digitally signed by Company Secretary Asheeba Pereira and submitted to relevant depositories including National Securities Depository Limited and Central Depository Services Limited. MUFG Intime India Private Limited's Senior Vice President-Corporate Registry Ashok Shetty signed the confirmation certificate on behalf of the registrar.

This quarterly filing represents standard regulatory compliance for listed companies, ensuring transparency in dematerialisation processes and maintaining investor confidence in securities handling procedures.