Grovy India Limited has filed its quarterly certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31st, 2026. The certificate, submitted on April 7th, 2026, confirms compliance with regulatory requirements regarding dematerialization of securities.

Q4FY26 Dematerialization Certificate

Company Secretary and Compliance Officer Simran Rajput submitted the quarterly certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 to BSE Limited. The filing includes a confirmation certificate from the company's Registrar and Share Transfer Agent.

RTA Confirmation Details

Skyline Financial Services Private Limited, serving as the Registrar and Share Transfer Agent (RTA), issued a confirmation certificate dated April 1st, 2026. The certificate confirms that no physical share certificates were received for dematerialization of equity shares during the quarter ended March 31st, 2026.

Previous Regulatory Compliance

The company previously filed its mandatory annual disclosure under SEBI (SAST) Regulations for FY26 on April 6th, 2026. In that filing, Promoter and Chairman Prakash Chand Jalan declared that no encumbrances were made by the promoter and promoter group during the financial year 2025-2026.

Company Structure and Compliance Framework

Grovy India Limited maintains a comprehensive promoter structure with 5 promoters including Prakash Chand Jalan, Nishit Jalan, Anita Jalan, Ankur Jalan, and P.C Jalan (HUF), along with 8 promoter group members. The company continues to demonstrate adherence to SEBI's transparency requirements across multiple regulatory frameworks, ensuring market transparency and investor protection through timely compliance filings.

Grovy India Limited has filed an appeal before the Income Tax Appellate Tribunal (ITAT) against a significant tax demand, the company announced on February 27, 2026. The appeal challenges an order passed by the Commissioner of Income Tax (Appeals) under Section 250 of the Income-tax Act, 1961.

Tax Demand Details

The company faces a total tax demand of INR 119.24 Lakhs, which has been broken down into specific components. The demand structure reflects both principal tax liability and accumulated interest charges over the assessment period.

Appeal Process and Timeline

The appeal was filed against an order dated January 13, 2026, passed by the Commissioner of Income Tax (Appeals). This follows the company's earlier intimation dated January 14, 2026, indicating that the company had previously disclosed developments related to this tax matter. The Income Tax Appellate Tribunal will now review the case and determine the merits of Grovy India's challenge to the tax demand.

Regulatory Compliance

The disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company specifically referenced compliance with Schedule III of these regulations, which governs the disclosure of material events and information that could impact investor decisions. Company Secretary and Compliance Officer Simran Rajput signed the disclosure document, ensuring proper corporate governance protocols were followed.