Intec capital has witnessed a significant reduction in shareholding by India Business Excellence Fund - IIA, which disposed of 27,41,220 equity shares through a series of open market transactions. The Mauritius-based fund completed the disposal process on April 22, 2026, triggering mandatory regulatory disclosures under SEBI guidelines.

Share Disposal Details

The fund conducted the share disposal through open market transactions spanning from April 18, 2022 to April 22, 2026. The disclosure obligation under Regulation 29(2) of SEBI Takeover Regulations was triggered when the final disposal of 22,53,078 equity shares on April 22, 2026 breached the 2% threshold requirement.

Shareholding Changes

The disposal resulted in a substantial reduction in India Business Excellence Fund - IIA's stake in Intec Capital Limited. The fund's holding decreased from 36,46,142 equity shares to 9,04,922 equity shares, representing a significant change in ownership structure.

Regulatory Compliance

India Business Excellence Fund - IIA, based in Mauritius, filed the mandatory disclosure with BSE Limited and Intec Capital Limited on April 24, 2026. The fund confirmed it does not belong to the promoter or promoter group of the company. The disclosure was made in accordance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Company Information

Intec Capital Limited trades on BSE Limited under scrip code 526871. The company's equity shares have a face value of Rs. 10 each. The fund held no encumbrances, voting rights other than shares, or convertible securities before or after the transaction, maintaining a straightforward equity shareholding structure throughout the disposal process.

Intec Capital Limited has completed its regulatory filing requirements by submitting the mandatory compliance certificate under SEBI regulations for the quarter ended March 31, 2026. The submission was made to BSE Limited on April 6, 2026, fulfilling the company's obligations under the Securities and Exchange Board of India framework.

Regulatory Compliance Details

The certificate was issued under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. BEETAL Financial & Computer Services Private Limited, serving as the company's Registrar to an Issue and Share Transfer Agent, provided the compliance confirmation dated April 3, 2026.

Certificate Confirmation

BEETAL Financial & Computer Services Private Limited confirmed that all securities received from Depository Participants for dematerialization during the quarter were properly processed. The registrar verified that:

• Securities received for dematerialization were confirmed to depositories within required timeframes
• All securities comprised in certificates have been listed on stock exchanges where previously issued securities are listed
• Security certificates received for dematerialization were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners within 15 days

Corporate Governance

The submission was signed by Niharika Gupta, Company Secretary & Compliance Officer (Membership No. A59325), demonstrating the company's commitment to maintaining proper corporate governance standards. BEETAL Financial & Computer Services Private Limited, a SEBI-approved category I Registrar & Share Transfer Agent (SEBI Reg. No.: INR 000000262), provided the necessary certification.

This quarterly compliance filing reflects Intec Capital Limited's adherence to regulatory requirements governing securities market operations and depository participant activities in India.