Esaar (India) Ltd has fulfilled its regulatory obligations by submitting the mandatory compliance certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The filing was completed on April 03, 2026, demonstrating the company's commitment to timely regulatory compliance.

Regulatory Filing Details

The certificate was submitted to BSE Limited by Whole-Time Director Bipin D Varma, who digitally signed the submission on April 03, 2026. The filing pertains to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, which mandates quarterly reporting of dematerialization activities.

Registrar Confirmation

Purva Sharegistry (India) Private Limited, serving as the company's registrar and share transfer agent, provided the compliance certificate. The SEBI-registered entity (Registration No. INR000001112) confirmed adherence to all regulatory requirements for the reporting quarter.

The registrar certified that all securities received from depository participants for dematerialization during the quarter were properly processed within prescribed timelines. Additionally, they confirmed that security certificates received for dematerialization were appropriately verified, mutilated, and cancelled as per regulatory procedures.

Dematerialization Activity Summary

The detailed report for the period from January 01, 2026 to March 31, 2026 revealed no dematerialization activity during the quarter. The share certificate dematerialization table showed nil entries across all parameters including folio numbers, shareholder names, certificate numbers, distinctive numbers, and shares dematerialized.

Compliance Significance

This quarterly filing represents standard regulatory compliance under SEBI's framework for depositories and participants. The submission ensures transparency in share transfer operations and maintains investor confidence through proper documentation of dematerialization processes. The nil activity during the quarter indicates stable shareholding patterns without significant share transfer movements through the dematerialization route.

Esaar (India) Ltd successfully conducted its Extra-Ordinary General Meeting on March 23, 2026, through video conferencing, with members approving key director appointments and corporate governance resolutions. The company has now submitted the scrutinizer's report and detailed voting results to BSE Limited, demonstrating overwhelming shareholder support with 99.99% approval across all resolutions.

Meeting Overview and Participation

The Extra-Ordinary General Meeting commenced at 03:00 PM IST and concluded efficiently at 03:06 PM IST on March 23, 2026. The meeting was conducted entirely through Video Conferencing and Other Audio Visual Means, eliminating the need for physical presence at a common venue.

Mr. Bipin D Varma, serving as Whole-time Director with DIN 05353685, chaired the proceedings and welcomed all participating members. The meeting achieved the requisite quorum with 91 members attending through the digital platform, ensuring compliance with regulatory requirements.

Voting Results and Scrutinizer Report

Ms. Monika Shekhawat of Shekhawat & Associates, appointed as scrutinizer, submitted the comprehensive voting results on March 25, 2026. The remote e-voting period ran from March 20, 2026 at 9:00 AM to March 22, 2026 at 5:00 PM, with additional voting facility provided during the EGM.

Approved Resolutions and Director Appointments

Members approved all three resolutions presented at the meeting with identical voting patterns, focusing on capital structure enhancement and board strengthening initiatives. Each resolution received 2,846,439 votes in favour against only 250 votes opposing.

Director Profile Details

The approved appointments bring valuable expertise to the company's board structure. Mr. Shivanshu Pandey, aged 34 years with DIN 06916787, was first appointed on December 23, 2025, and brings broad corporate expertise in governance and strategic decision-making.

Mr. Vaibhav Shastri's re-appointment as Independent Director for a second consecutive term of 5 years reflects the company's confidence in his extensive experience in sales, marketing, and distribution within the electronic devices industry. Both directors hold no shares in the company and maintain no directorships in other companies.

Regulatory Compliance and Documentation

The company submitted the scrutinizer's report and voting results to BSE Limited under scrip code 531502 on March 25, 2026, in compliance with Regulation 44 of SEBI Listing Regulations and Section 108 of the Companies Act, 2013. The detailed voting breakdown shows strong promoter group participation with 100% of their 856,236 shares voted in favour, while public non-institutional shareholders contributed 1,990,453 votes with 99.99% approval rate.