Harmony Capital Services Completes Preferential Allotment of 91,26,000 Equity Shares

1 min read     Updated on 15 Apr 2026, 12:05 PM
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Harmony Capital Services Ltd completed a preferential allotment of 91,26,000 equity shares at ₹10 per share on April 15, 2026. The allotment was distributed among 32 allottees, including 2 promoter entities receiving 55,00,000 shares and 30 non-promoter investors receiving 36,26,000 shares. The issue was conducted under SEBI regulations and approved by the company's Allotment Committee.

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Harmony Capital Services Ltd announced the completion of its preferential equity share allotment on April 15, 2026, distributing 91,26,000 equity shares to a diverse group of investors. The Allotment Committee meeting, held on Wednesday, April 15, 2026, approved the issuance under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.

Allotment Details

The company allotted equity shares with a face value of ₹10 each at an issue price of ₹10 per share. The preferential issue was conducted in compliance with Chapter V of SEBI's Issue of Capital and Disclosure Requirements Regulations, 2018, the Companies Act, 2013, and other applicable laws.

Parameter: Details
Total Shares Allotted: 91,26,000
Face Value: ₹10 per share
Issue Price: ₹10 per share
Total Allottees: 32
Meeting Date: April 15, 2026

Allottee Distribution

The allotment includes both promoter and non-promoter categories, with promoters receiving a significant portion of the shares. The two promoter entities received a combined 55,00,000 shares, while 30 non-promoter allottees received the remaining 36,26,000 shares.

Major Promoter Allottees:

  • Rajesh Ghosh: 28,00,000 shares
  • Dorni Vinimoy Pvt Ltd: 27,00,000 shares

Significant Non-Promoter Allottees:

  • Khatunaresh Minerals and Metals LLP: 5,00,000 shares
  • Shalini Sadashiv Shet: 3,50,000 shares
  • Vivid Wealth: 3,50,000 shares
  • Himanshu Jain: 3,25,000 shares
  • Shivam Atul Chauhan: 2,60,000 shares

Regulatory Compliance

The preferential issue was executed following proper regulatory procedures under SEBI guidelines. The Allotment Committee meeting commenced at 11:15 AM and concluded at 11:40 AM on April 15, 2026. The company has informed BSE Limited about the allotment as required under listing regulations.

Complete Allottee Breakdown

Allottee Category: Number of Allottees Total Shares
Promoters: 2 55,00,000
Non-Promoters: 30 36,26,000
Total: 32 91,26,000

The allotment represents a strategic capital raising initiative by Harmony Capital Services Ltd, with the company successfully distributing shares across a broad investor base while maintaining significant promoter participation in the preferential issue.

How will Harmony Capital Services utilize the ₹9.13 crore raised from this preferential allotment for business expansion or debt reduction?

What impact will the increased promoter shareholding have on the company's governance structure and minority shareholder rights?

Could this capital infusion signal potential acquisitions or new business ventures in the financial services sector?

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Harmony Capital Services Limited Files Q4 FY26 Compliance Certificate Under SEBI Regulations

1 min read     Updated on 08 Apr 2026, 04:03 PM
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Radhika SScanX News Team
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Harmony Capital Services Limited submitted its Q4 FY26 compliance certificate under SEBI (Depositories and Participants) Regulations, 2018 to BSE Limited on April 8, 2026. The filing confirms proper dematerialization processes for the quarter ended March 31, 2026, with supporting certification from registrar MUFG Intime India Private Limited. Director Jubin Premji Gada signed the certificate confirming regulatory adherence and timely processing of securities dematerialization.

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Harmony Capital Services Limited has filed its quarterly compliance certificate with BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company submitted its certificate under Regulation 74(5) of the SEBI regulations on April 8, 2026. This mandatory filing confirms that Harmony Capital Services has adhered to prescribed procedures for securities dematerialization during the fourth quarter of fiscal year 2026.

Filing Details: Information
Filing Date: April 8, 2026
Quarter Covered: Q4 FY26 (ended March 31, 2026)
Regulation: SEBI (Depositories and Participants) Regulations, 2018 - Section 74(5)
Scrip Code: 530055
ISIN: INE264N01017

Dematerialization Process Confirmation

The certificate confirms that all securities received for dematerialization during the quarter were properly processed according to regulatory requirements. The company verified that security certificates were mutilated and cancelled after due verification, with depository names being substituted in the register of members within the prescribed timelines.

Director Jubin Premji Gada (DIN: 10820579) signed the compliance certificate on behalf of Harmony Capital Services Limited, confirming the company's adherence to SEBI regulations throughout the quarter.

Registrar Certification

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, serves as the company's registrar and share transfer agent. The registrar provided supporting certification dated April 3, 2026, confirming compliance with dematerialization procedures.

Registrar Details: Information
Entity: MUFG Intime India Private Limited
Former Name: Link Intime India Private Limited
CIN: U67190MH1999PTC118368
Certification Date: April 3, 2026
Signatory: Ashok Shetty, Sr. Vice President-Corporate Registry

The registrar confirmed that securities received from depository participants were properly accepted or rejected, and that all security certificates were processed according to prescribed timelines. This certification supports Harmony Capital Services' compliance filing with BSE Limited.

Company Information

Harmony Capital Services Limited operates from its registered office at WeWork Lightbridge in Mumbai's Hiranandani Business Park. The company maintains its corporate presence in Powai, Mumbai, and continues to fulfill its regulatory obligations as a listed entity on BSE Limited.

How might the upcoming SEBI regulatory changes in 2027 impact Harmony Capital's compliance costs and operational procedures?

Will Harmony Capital Services expand its depository participant services to capture more market share in the growing dematerialization segment?

What are the implications of MUFG Intime's rebranding on service quality and technology upgrades for Harmony Capital's registry operations?

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