Flexituff ventures International Limited has filed its quarterly compliance certificate with stock exchanges for the quarter ended March 31, 2026, in accordance with SEBI regulatory requirements. The submission demonstrates the company's adherence to mandatory disclosure norms under securities regulations.

Regulatory Compliance Filing

The company submitted its certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 to both BSE Limited and National Stock Exchange of India Limited on April 3, 2026. The filing was signed by Rahul Chouhan, Whole Time Director (DIN: 03307553), confirming the company's compliance with depositories regulations.

Registrar Confirmation Certificate

MUFG Intime India Private Limited (formerly Link Intime India Private Limited), serving as the company's registrar and share transfer agent, issued the compliance certificate dated April 1, 2026. The certificate was signed by Ashok Shetty, Sr. Vice President-Corporate Registry, confirming compliance with dematerialisation procedures and timelines.

The registrar confirmed that securities received from depository participants for dematerialisation during the quarter were properly processed according to regulatory requirements. All security certificates received for dematerialisation were confirmed or rejected within prescribed timelines, with proper verification and cancellation procedures followed.

Quarter Activity Summary

The registrar specifically noted that no dematerialisation requests were received from shareholders during the quarter ended March 31, 2026. The certificate was issued upon the company's request for compliance purposes, ensuring adherence to SEBI regulatory framework.

Corporate Information

Flexituff Ventures International Limited operates from its registered office at 6th Floor Treasure Island, South Tukoganj, MG Road, Indore, Madhya Pradesh. The company maintains its corporate compliance through regular filings with stock exchanges and adherence to SEBI regulations governing depositories and participants.

Flexituff Ventures International Limited has forfeited ₹5.17 crore from convertible warrants after 17 warrant holders failed to exercise their conversion option within the stipulated 18-month period. The forfeiture became effective on March 30, 2026, following the expiry of the conversion deadline.

Warrant Forfeiture Details

The company had originally allotted 49.50 lakh convertible warrants to 17 allottees on a preferential basis in September 2024. The warrants were issued at ₹41.75 per warrant, including a premium of ₹31.75 each. As per SEBI regulations, warrant holders paid 25% of the issue price upfront at the time of allotment.

Regulatory Compliance and Timeline

Under Regulation 169(2) of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, warrant holders were required to exercise their conversion option by paying the remaining 75% of the issue price within 18 months from the allotment date. The deadline expired on March 30, 2026, triggering the automatic forfeiture of the 25% upfront amount as per Regulation 169(3).

Major Warrant Holders Affected

The forfeiture impacted several significant investors, with the largest allocations being held by investment firms and private companies. Notable warrant holders included 1955 Venture Fund and GJNX Ventures, each holding 10 lakh warrants, and corporate entities like Alveor Plastic Technologies Private Limited with 6 lakh warrants.

Capital Structure Impact

The lapse of all allotted warrants means there will be no change in the company's paid-up equity share capital. The forfeited amount of ₹5.17 crore will be retained by the company as per regulatory provisions. Mr. Rahul Chouhan, Whole Time Director with DIN 03307553, signed the official communication to stock exchanges regarding this development.