International Conveyors Limited has submitted its quarterly compliance certificate to stock exchanges under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The company filed the certificate on April 14, 2026, with both NSE and BSE.

Compliance Certificate Details

The certificate was issued by the company's Registrar and Share Transfer Agent, Maheshwari Datamatics Pvt. Ltd., and confirms the dematerialisation status for the quarter. Company Secretary and Compliance Officer Dipti Sharma signed the submission letter digitally.

Dematerialisation Status

According to the certificate issued by Maheshwari Datamatics Pvt. Ltd., no dematerialisation requests for equity shares of International Conveyors Limited were confirmed during the period from January 01, 2026 to March 31, 2026. This indicates stable shareholding patterns during the quarter.

Recent Corporate Activity

Earlier this month, International Conveyors Limited completed a strategic acquisition of 1.40 lakh equity shares in Religare Enterprise Limited for ₹3.13 crore. The cash transaction was completed on April 09, 2026, representing the company's diversification move into the financial services sector through investment purposes.

Regulatory Framework

The quarterly compliance certificate under Regulation 74(5) is a mandatory requirement for listed companies to report dematerialisation activities. This ensures transparency in share transfer processes and maintains investor confidence in the securities market infrastructure.

International Conveyors Limited has completed a significant promoter group restructuring with Amaranth Daksha Private Limited acquiring 24,15,000 equity shares representing 3.79% of the company's paid-up equity share capital. The acquisition was executed through an off-market inter-se transfer from IGE (India) Private Limited on March 30, 2026.

Official Regulatory Compliance

The transaction was formally disclosed through comprehensive regulatory filings submitted to both BSE Limited and National Stock Exchange of India Limited. Company Secretary & Compliance Officer Dipti Sharma filed the disclosure on April 6, 2026, under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, ensuring full regulatory compliance.

Promoter Group Shareholding Structure

Following the transaction, the comprehensive promoter group maintains its collective holding at 69.86% of International Conveyors' total equity. IGE (India) Private Limited's direct shareholding decreased from 49.71% to 45.92%, while Amaranth Daksha Private Limited entered as a new promoter entity with 3.79% holding.

Additional Promoter Activities

Concurrently, Elpro International Limited, another promoter group entity, acquired 1,46,329 equity shares through open market transactions between December 24, 2025, and March 25, 2026. This acquisition represented 0.23% of the company's equity capital and did not require separate disclosure under Regulation 29(2) as it remained below the 2% threshold.

Corporate Capital Structure

International Conveyors Limited maintains a stable equity structure with 6,37,81,000 equity shares of ₹1/- each as paid-up capital. The company's total diluted share capital remains unchanged at 6,37,81,000 equity shares, with no outstanding convertible securities or warrants affecting the capital structure.

The transaction demonstrates strategic internal reorganization within the promoter group while maintaining regulatory compliance and preserving the overall ownership structure. Both IGE (India) Private Limited and Amaranth Daksha Private Limited continue to be classified as promoter group entities under SEBI regulations, ensuring continuity in corporate governance and strategic direction.