Mehta Integrated Finance Limited Files SEBI Compliance Certificate for Quarter Ended March 31, 2026

2 min read     Updated on 06 Apr 2026, 10:37 PM
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Mehta Integrated Finance Limited filed its quarterly SEBI compliance certificate for the quarter ended March 31, 2026, confirming proper processing of dematerialization requests. The company, along with its registrar Purva Sharegistry, certified that 5,100 shares across 51 certificates were dematerialized during the quarter, with all securities remaining listed on relevant stock exchanges. The filing demonstrates routine regulatory compliance and transparent shareholder record maintenance.

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Mehta Integrated Finance Limited has filed its quarterly compliance certificate with BSE Limited, confirming adherence to SEBI regulations regarding dematerialization of securities for the quarter ended March 31, 2026.

Regulatory Compliance Certificate

The company submitted its certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, dated April 6, 2026. Company Secretary and Compliance Officer Kamleshbhai P. Patel digitally signed the document, certifying that all securities received for dematerialization were processed according to regulatory requirements.

The certificate confirms that securities were mutilated and cancelled after due verification, with the depository's name substituted in company records as the registered owner within the stipulated timeframe. All dematerialized securities remain listed on the same stock exchanges where the earlier issued securities are traded.

Registrar Confirmation

Purva Sharegistry (India) Pvt. Ltd., serving as the company's Registrar and Share Transfer Agent, provided supporting confirmation under the same SEBI regulation. Ms. Deepali Gaonkar, Compliance Officer at Purva Sharegistry, certified that all security certificates received for dematerialization during the quarter were properly confirmed to depositories within prescribed timelines.

Dematerialization Activity Details

The detailed records show comprehensive dematerialization activity throughout the quarter:

Month Certificates Processed Total Shares Key Activity Period
January 2026 8 certificates 800 shares Peak activity mid-month
February 2026 6 certificates 600 shares Concentrated end-month
March 2026 37 certificates 3,700 shares Major processing on March 6

Notable shareholders participating in the dematerialization process included:

  • Chhaya Dilip Patel: Largest participant with multiple certificates processed across different folio numbers
  • Bhikhabhai M Patel: Multiple certificates dematerialized on January 15, 2026
  • Kalpna R Patel: Four certificates processed on February 24, 2026

Processing Timeline

The dematerialization activity showed consistent processing throughout the quarter, with March 6, 2026 recording the highest single-day activity with 29 certificates processed. Each certificate represented 100 shares, maintaining uniformity in the dematerialization process.

All processed certificates were assigned unique certificate numbers and distinctive numbers, ensuring proper tracking and regulatory compliance. The systematic approach demonstrates the company's commitment to maintaining accurate shareholder records and regulatory adherence.

Corporate Information

Parameter Details
Company CIN L65910GJ1985PLC007692
BSE Scrip Code 511377
ISIN INE240B01012
RTA Purva Sharegistry (India) Pvt. Ltd.

The filing represents routine quarterly compliance, ensuring transparency in the company's share transfer and dematerialization processes while maintaining adherence to SEBI regulations governing depositories and participants.

Historical Stock Returns for Mehta Integrated Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-100.00%-100.00%-100.00%-100.00%-100.00%-100.00%

What factors might be driving the significant increase in dematerialization activity, particularly the spike to 3,700 shares in March 2026?

How could the concentrated dematerialization by Patel family members impact the company's shareholding pattern and governance structure?

Will Mehta Integrated Finance consider transitioning to fully dematerialized securities to streamline future compliance processes?

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Mehta Integrated Finance Receives Favorable Court Order for Share Attachment Against Radhe Developers

2 min read     Updated on 04 Apr 2026, 08:43 PM
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Mehta Integrated Finance Limited received a favorable court order dated 01.04.2026 from City Civil Court Ahmedabad directing attachment and freezing of judgment debtors' shares. The order prevents transfer or alienation of shares held by Radhe Developers & Others, with immediate effect on shares and accrued dividends. This development relates to execution proceedings ongoing since 2007, with the court noting dismissal of Section 34 of Arbitration & Conciliation Act, 1996.

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Mehta Integrated Finance Limited has secured a significant legal victory with the receipt of a favorable court order from the Commercial Court at City Civil Court, Ahmedabad. The order, dated 01.04.2026 and served on 04.04.2026, directs the attachment and freezing of shares held by judgment debtors to prevent any further transfer or alienation.

Court Order Details

The Commercial Court issued the order under Order 21 Rule 46 of the Code of Civil Procedure 1908 in Commercial Civil Execution Petition No. 593 of 2021. The case involves Mehta Integrated Finance Limited as the award holder against Radhe Developers & Others as the award debtors.

Parameter: Details
Court: Commercial Court at City Civil Court, Ahmedabad
Order Date: 01.04.2026
Service Date: 04.04.2026
Case Number: Commercial Civil Execution Petition No. 593 of 2021
Opposite Party: Radhe Estate Developers & Others (Partnership firm)

Key Provisions of the Order

The court order contains several critical directives aimed at protecting the interests of Mehta Integrated Finance Limited. The garnishees are directed to freeze the shares of the judgment debtors lying with them and dividends accrued thereon with immediate effect. This measure ensures that there would be no further chance of transfer or alienating the shares held by the present judgment debtors.

The court noted that award debtor Nos 2, 3 & 4 are having certain interest in the form of shares in various companies, which prompted the application under Order 21 Rule 46(1)(b) of the Code. Additionally, the court observed that Section 34 of the Arbitration & Conciliation Act, 1996 has already been dismissed and no stay has been granted by the Hon'ble High Court of Gujarat despite many adjournments.

Share Holdings and Financial Implications

The order references shareholding patterns of promoter and promoter groups with documents showing holdings as of various dates including 31.12.2025, 31.03.2025, and 31.03.2024. The case involves shares in multiple companies, including Radhe Developers India Limited, which is listed on BSE Limited.

Company Details: Information
Radhe Developers India Ltd CIN: L45201GJ1995PLC024491
BSE Scrip Code: 531273
Authorized Capital: ₹1,00,00,00,000
Paid up Capital: ₹54,88,81,450

Legal Background and Timeline

The legal proceedings have been ongoing since 2007, indicating a long-standing dispute between the parties. The court has permitted direct service and scheduled a notice to the garnishees returnable on 08.04.2026. The order was pronounced by Judge Prakash Khubchand Khanchandani on 01.04.2026.

Company Actions and Compliance

Mehta Integrated Finance Limited has disclosed this development under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company, through its Company Secretary & Compliance Officer Kamleshbhai P Patel (Membership No. ACS-10772), has informed BSE Limited about the receipt of this favorable court order.

The company will pursue the attachment of shares held by the judgment debtors as directed by the court, ensuring compliance with the immediate effect directive for freezing shares and accrued dividends. This legal victory strengthens the company's position in recovering its dues from the judgment debtors.

Historical Stock Returns for Mehta Integrated Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-100.00%-100.00%-100.00%-100.00%-100.00%-100.00%

What is the estimated value of the frozen shares and how might this asset recovery impact Mehta Integrated Finance's financial performance in upcoming quarters?

Will this legal precedent encourage Mehta Integrated Finance to pursue similar attachment orders against other defaulting debtors in their portfolio?

How might the share freeze affect Radhe Developers India Limited's stock liquidity and trading patterns on BSE given the promoter group holdings are now restricted?

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