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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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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Harmony Capital Services Issues Correction Notice for Postal Ballot Shareholding Details

1 min read     Updated on 27 Mar 2026, 11:27 PM
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Harmony Capital Services Ltd. has issued a correction notice to BSE regarding inadvertent errors in its November 20, 2025 postal ballot notice for preferential equity issue. The company clarified that pre-issue promoter shareholding was nil (not 73.04% as incorrectly stated), and post-issue promoter holding will be 45.35% through acquirers who will trigger mandatory open offer under SEBI regulations.

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Harmony Capital Services Ltd. has submitted a correction notice to the Bombay Stock Exchange addressing a significant inadvertent error in its postal ballot notice dated November 20, 2025. The correction, filed on March 27, 2026, pertains to incorrect promoter shareholding details mentioned in the explanatory statement regarding the issue of equity shares on preferential basis.

Error in Original Postal Ballot Notice

The original postal ballot notice contained substantial inaccuracies in point No. 9 of Item No. 1 of the explanatory statement. The document incorrectly stated that promoters and promoter group held 21,91,760 equity shares constituting 73.04% of the total paid-up capital before the issue. Additionally, it mentioned that post-issue holdings of promoters and promoter group would be 76,91,760 equity shares representing 63.43% of total paid-up capital.

Corrected Shareholding Details

The company has now clarified that as on the date of the notice, the pre-promoter shareholding was nil, with the entire 100% of total paid-up capital held by the public. Following the proposed transaction, the corrected shareholding structure will be significantly different from what was originally stated.

Category: Pre-Issue Shares Pre-Issue % Post-Issue Shares Post-Issue %
Promoters and Promoters Group: Nil Nil 55,00,000 45.35%
Public: 30,00,900 100% 66,26,900 54.65%
Total: 30,00,900 100% 1,21,26,900 100%

Open Offer Process and Regulatory Compliance

The correction notice provides important details about the proposed allottees and regulatory requirements. The proposed allottees, Mr. Rajesh Ghosh (Acquirer-1) and M/S. Dorni Vinimoy Pvt. Ltd. (Acquirer-2), will collectively trigger the open offer process pursuant to Regulation 3(1) and 4 of SEBI (SAST) Regulations, 2011.

This process will require a Public Announcement in terms of Regulation 13(1) of the said regulations. Upon completion of the open offer process, these acquirers will become the promoters of the company, while existing promoters and promoter group will be reclassified as public shareholders.

Corporate Information

Harmony Capital Services Ltd. (CIN: L67120MH1994PLC288180) is headquartered at WeWork Lightbridge, 6th Floor, Corporate No. 137, Hiranandani Business Park, Saki Vihar Road, Tunga Village, Chandivali, Powai, Mumbai. The correction notice was signed by Jubin Premji Gada, Director (DIN: 10820579), emphasizing the company's commitment to accurate disclosure and regulatory compliance.

What strategic plans do the new promoters Mr. Rajesh Ghosh and Dorni Vinimoy Pvt. Ltd. have for Harmony Capital Services following the acquisition?

How might the open offer pricing and acceptance rate impact the final ownership structure and market valuation of the company?

Will the change in promoter control lead to any shifts in Harmony Capital's business focus or operational strategy?

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