Iconik Sports and Events Limited Files Q4 FY26 Compliance Certificate Under SEBI Regulations

1 min read     Updated on 10 Apr 2026, 11:58 PM
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AI Summary

Iconik Sports and Events Limited has submitted its Q4 FY26 compliance certificate under SEBI Regulation 74(5) to BSE Limited, covering the quarter ended March 31, 2026. The certificate, issued by RTA Purva Sharegistry, confirms proper handling of dematerialisation processes with one transaction recorded involving 860 shares. The submission demonstrates the company's adherence to regulatory requirements and commitment to transparency in capital market operations.

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Iconik sports and events Limited (formerly ID Info Business Services Limited) has filed its quarterly compliance certificate with BSE Limited under SEBI (Depositories & Participants) Regulations, 2018 for the quarter ended March 31, 2026. The submission demonstrates the company's adherence to regulatory requirements for dematerialisation processes.

Regulatory Compliance Submission

The compliance certificate was submitted on April 10, 2026, by Managing Director Kannan Krishnan Naiker (DIN: 00014414) to BSE Limited. The certificate covers compliance under Regulation 74(5) of SEBI (Depositories & Participants) Regulations, 2018 for Q4 FY26.

Parameter Details
Reporting Period Quarter ended March 31, 2026
Submission Date April 10, 2026
Scrip Code 511260
RTA Purva Sharegistry (India) Private Limited

RTA Confirmation Certificate

Purva Sharegistry (India) Private Limited, serving as the company's Registrar and Transfer Agent, issued the confirmation certificate dated April 1, 2026. The RTA confirmed that securities received from depository participants for dematerialisation during the quarter were properly processed and confirmed to the depositories within prescribed timelines.

Ms. Deepali Gaonkar, Compliance Officer at Purva Sharegistry, certified that:

  • Securities received for dematerialisation were confirmed (accepted/rejected) to depositories
  • Security certificates have been listed on stock exchanges where earlier issued securities are listed
  • Security certificates were mutilated and cancelled after due verification
  • Depository names were substituted in the register of members as registered owners

Dematerialisation Activity Details

The quarter witnessed minimal dematerialisation activity with one recorded transaction:

Parameter Details
Shareholder Name Abhishek Sushil Morarka
Folio Number A0010001
Certificate Number 0100130
Number of Shares 860
Dematerialisation Date January 8, 2026
Distinctive Numbers 1 to 860

Company Information

Iconik Sports and Events Limited operates under CIN L93190MH1968PLC287172 with its registered office located at Unit No. 104, 1st Floor, Mahinder Chambers, W.T. Patil Marg, Chembur Mumbai-400071, Maharashtra. The company maintains its web presence at www.iconiksportsandeventslimited.com and can be contacted at info@iconiksportsandevents.com .

The submission of this compliance certificate reflects the company's commitment to maintaining transparency and adhering to SEBI regulations governing depositories and participants. The proper documentation and timely submission ensure continued compliance with regulatory frameworks governing dematerialisation processes in the Indian capital markets.

Historical Stock Returns for Iconik Sports And Events

1 Day5 Days1 Month6 Months1 Year5 Years
+0.73%+1.97%-24.50%-54.74%+104.92%+125.87%

What factors might be contributing to the minimal dematerialisation activity, and could this indicate limited investor interest or trading volume?

How might the company's transition from ID Info Business Services to Iconik Sports and Events impact its business strategy and market positioning going forward?

Will the low dematerialisation numbers affect the company's liquidity profile and ability to attract institutional investors?

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Iconik Sports Promoter Kannan Krishnan Naiker Sells Additional 4.69 Lakh Shares

2 min read     Updated on 27 Feb 2026, 09:39 AM
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Iconik Sports promoter Kannan Krishnan Naiker has completed a third major share sale transaction, disposing of 4,69,511 equity shares on February 24-25, 2026. Combined with previous sales totaling 4,02,989 shares, the promoter group holding has declined significantly to 8.68% from 11.25%, with all transactions conducted through open market sales under SEBI regulatory compliance.

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Iconik Sports and Events Limited (formerly known as ID Info Business Services Limited) has received another disclosure from its Promoter and Managing Director, Kannan Krishnan Naiker, regarding additional equity share sales under regulatory requirements. This marks the third substantial share disposal within a week, representing continued significant changes in the promoter group's shareholding pattern.

Recent Share Sale Transactions

Kannan Krishnan Naiker has completed three separate share sale transactions in February 2026. The first transaction involved the sale of 2,00,000 equity shares on February 17-18, 2026, followed by a second sale of 2,02,989 equity shares on February 20 and 23, 2026. The latest transaction involved the disposal of 4,69,511 equity shares on February 24-25, 2026. All sales were conducted through open market transactions and disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details: First Sale Second Sale Third Sale
Shares Sold: 2,00,000 equity shares 2,02,989 equity shares 4,69,511 equity shares
Transaction Dates: February 17-18, 2026 February 20 & 23, 2026 February 24-25, 2026
Mode of Sale: Open market Open market Open market
Disclosure Date: February 19, 2026 February 24, 2026 February 26, 2026

Updated Shareholding Pattern Changes

The cumulative effect of all three transactions has significantly reduced Naiker's personal shareholding and the overall promoter group holding. His individual shareholding decreased from the original 13,72,500 shares to 5,00,000 shares after all transactions, representing a reduction of 8,72,500 shares.

Current Shareholding Structure (After Third Sale):

Promoter/PAC Name: Shares Held Percentage
Kannan Krishnan Naiker: 5,00,000 1.47%
Chitrapavai K.: 5,50,000 1.63%
Murugan Krishnan Naiker: 4,63,500 1.37%
Mahalakshmi Selvaraj: 4,63,000 1.37%
Kannan Sowmya Naiker: 4,63,000 1.37%
Kannan Sivani Naiker: 4,63,000 1.37%
Abhishek Sushil Morarka: 18,660 0.06%
Vandana Sushil Morarka: 15,000 0.04%
Total Promoter Group: 29,36,160 8.68%

Progressive Shareholding Changes:

Transaction Stage: Naiker's Holding Promoter Group Total Group Percentage
Before Any Sale: 13,72,500 shares 38,08,660 shares 11.25%
After First Sale: 11,72,500 shares 36,08,660 shares 10.66%
After Second Sale: 9,69,511 shares 34,05,671 shares 10.07%
After Third Sale: 5,00,000 shares 29,36,160 shares 8.68%

Company Share Capital Structure

The company's equity share capital remains unchanged following these transactions. The total equity share capital stands at Rs. 33,84,20,000, divided into 3,38,42,000 equity shares of Rs. 10/- each. The shares continue to be listed on BSE Limited.

Regulatory Compliance

All disclosures were made in compliance with SEBI regulations governing substantial acquisition and disposal of shares. The promoter group includes seven Persons Acting in Concert (PAC) along with Kannan Krishnan Naiker. No changes were reported in the individual holdings of other PAC members during any of the transaction periods, with all sales being executed solely by the Managing Director.

Historical Stock Returns for Iconik Sports And Events

1 Day5 Days1 Month6 Months1 Year5 Years
+0.73%+1.97%-24.50%-54.74%+104.92%+125.87%
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1 Year Returns:+104.92%