Market Creators Limited has filed its quarterly compliance certificate with the Bombay Stock Exchange, fulfilling mandatory regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The submission, dated 13th April 2026, covers the quarter ended 31st March 2026 and demonstrates the company's adherence to securities market regulations.

Regulatory Compliance Filing

The certificate was submitted under Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. This regulation mandates listed companies to provide quarterly confirmations regarding the proper handling of securities dematerialisation processes.

Registrar Confirmation

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, served as the company's registrar and share transfer agent for this compliance process. The registrar holds SEBI registration number INR000004058 and provided comprehensive confirmation of regulatory adherence.

Dematerialisation Process Compliance

The registrar confirmed that all securities received from depository participants for dematerialisation during Q4FY26 were properly processed. Key compliance aspects included:

• Securities received for dematerialisation were confirmed or rejected to depositories within prescribed timelines
• All security certificates were mutilated and cancelled after due verification by depository participants
• Depository names were substituted in the register of members as registered owners
• Securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed

This quarterly filing represents standard regulatory compliance for listed companies, ensuring transparency and proper handling of investor securities in the dematerialisation process. The submission maintains Market Creators Limited's good standing with regulatory authorities and stock exchange requirements.

Market creators Limited has announced the sad demise of Mr. Rashmikant Gajendraprasad Acharya, Whole-time Director of the company, who passed away on March 07, 2026. The company made this disclosure to BSE Limited on March 09, 2026, and subsequently filed a clarification letter on March 11, 2026, addressing BSE's discrepancy remarks regarding the delayed disclosure.

Director Details and Contributions

Mr. Rashmikant Gajendraprasad Acharya served as a Whole-time Director with DIN: 00051572. The company emphasized his long association and significant contributions to the organization through his vision and leadership during his tenure on the Board.

BSE Discrepancy and Company Response

BSE Limited raised a discrepancy remark noting that the material event was not disclosed within the mandatory 24-hour timeframe as required under SEBI Circular dated November 11, 2024. The exchange requested the company to submit reasons for the delay in disclosure.

Market Creators Limited responded through a detailed clarification letter, explaining that the news of Mr. Acharya's demise came as a shock to the management and promoter family. The company highlighted that this was the second demise of a Promoter Director within four months, and the management was attending to immediate family matters and last rites during the difficult period.

Company's Statement and Regulatory Compliance

Market Creators Limited described Mr. Acharya's sudden and unexpected passing as an irreparable loss to the company. The organization acknowledged that his tenure on the Board immensely benefited the company through his leadership and strategic vision. All directors and employees conveyed deep sympathy, sorrow, and condolences to his family.

The company emphasized in its clarification that there was no malafide intention or deliberate delay in making the disclosure, stating that the delay occurred purely due to unforeseen circumstances. The notification was submitted under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015.

Both the original disclosure and clarification letter were signed by Mr. Kalpesh Jayantilal Shah, Director (DIN: 00051760), on behalf of Market Creators Limited, requesting the stock exchange to take the intimation on record for compliance purposes.