Mercury Ev-Tech Limited Submits Quarterly Compliance Certificate for Q4 FY26

1 min read     Updated on 15 Apr 2026, 02:24 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Mercury Ev-Tech Limited filed its quarterly compliance certificate with BSE for Q4 FY26, covering the period from January 1 to March 31, 2026. The certificate, submitted on April 15, 2026, confirms compliance with SEBI (Depositories and Participants) Regulations, 2018, regarding securities dematerialization activities. The company's RTA, Accurate Securities & Registry Private Limited, provided confirmation that all dematerialization processes were completed within regulatory time limits.

powered bylight_fuzz_icon
37788842

*this image is generated using AI for illustrative purposes only.

Mercury Ev-Tech Limited has submitted its quarterly compliance certificate to BSE Limited, confirming adherence to regulatory requirements for securities dematerialization during the quarter ended March 31, 2026. The submission, made on April 15, 2026, demonstrates the company's commitment to maintaining transparency and regulatory compliance in its securities operations.

Regulatory Compliance Certificate

The certificate was filed pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. This regulation mandates companies to provide quarterly confirmations regarding the processing of securities dematerialization and rematerialization activities.

Parameter Details
Reporting Period January 1, 2026 to March 31, 2026
Filing Date April 15, 2026
Regulation SEBI (Depositories and Participants) Regulations, 2018
Scrip Code 531357
Scrip Symbol MERCURYEV

Registrar Confirmation

Accurate Securities & Registry Private Limited, serving as the company's Registrar and Share Transfer Agent (RTA), provided the necessary confirmation certificate. The RTA confirmed that all securities received from depository participants for dematerialization during the specified period were processed within the stipulated time limits as required under SEBI regulations.

Key aspects of the RTA's confirmation include:

  • All dematerialization requests were processed within regulatory time limits
  • Securities were either accepted or rejected on technical grounds as appropriate
  • Physical certificates were properly mutilated and cancelled after verification
  • Depository names were substituted in the security holder's list as registered owners
  • All securities are listed on stock exchanges where the company's shares are traded

Administrative Details

The certificate was signed by Krishna Tejashkumar Naik, Company Secretary (ACS - 45523), on behalf of Mercury Ev-Tech Limited. The digital signature was applied on April 15, 2026, at 14:06:15 IST, ensuring the authenticity and integrity of the submission.

Accurate Securities & Registry Private Limited, registered with SEBI under registration number INR000004173, operates from its registered office in Makarba, Ahmedabad. The RTA's confirmation reinforces the company's adherence to operational procedures and regulatory compliance standards.

Regulatory Framework

The submission references multiple regulatory circulars, including SEBI Letter MRD/DOP2/OW/2019/2498/1 dated January 24, 2019, and corresponding NSDL and CDSL circulars from January 25, 2019. These references establish the regulatory framework governing dematerialization processes and reporting requirements for listed companies.

Historical Stock Returns for Mercury EV-Tech

1 Day5 Days1 Month6 Months1 Year5 Years
+1.95%+11.40%+16.21%-22.11%-54.47%+94.39%

How might Mercury Ev-Tech's consistent regulatory compliance impact investor confidence and institutional investment in the EV sector?

What operational challenges could Mercury Ev-Tech face in maintaining dematerialization compliance as trading volumes potentially increase?

Will Mercury Ev-Tech consider expanding its listing to additional stock exchanges given its strong compliance track record?

Mercury EV-Tech Limited Files SEBI Declaration on Share Encumbrances for FY26

1 min read     Updated on 06 Apr 2026, 06:39 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Mercury EV-Tech Limited filed its SEBI declaration for FY26 confirming no new share encumbrances by promoters during the year ended March 31, 2026. The promoter group holds 11,24,22,758 shares across four entities, with Shree Saibaba Exim Private Limited being the largest holder at 4,29,92,485 shares, followed by Raghuvir International Private Limited at 4,17,05,820 shares. The declaration was signed by Chairman & MD Jayeshbhai R. Thakkar and submitted to BSE on April 06, 2026.

powered bylight_fuzz_icon
37026542

*this image is generated using AI for illustrative purposes only.

Mercury EV-Tech Limited has filed its annual declaration with BSE Limited under Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, for the financial year ended March 31, 2026. The declaration confirms that no new encumbrances were created on shares held by promoters and promoter group entities during FY26.

Regulatory Compliance Filing

The company submitted the mandatory declaration on April 06, 2026, signed by Chairman & Managing Director Jayeshbhai R. Thakkar (DIN: 01631093). The filing ensures compliance with SEBI regulations requiring disclosure of any encumbrances on substantial shareholdings by promoters and persons acting in concert.

Promoter Group Shareholding Details

Artiben Jayeshbhai Thakkar, representing herself and the promoter group, provided comprehensive details of shareholdings across all promoter entities. The declaration confirms that existing encumbrances, if any, remained unchanged during the reporting period.

Shareholder Name Category Shares Held Pledged/Encumbered Shares
Artiben Jayeshbhai Thakkar Promoter 2,77,24,453 0
Kavit Jayeshbhai Thakkar Promoter 0 0
Raghuvir International Private Limited Promoter Group 4,17,05,820 0
Shree Saibaba Exim Private Limited Promoter Group 4,29,92,485 0

Key Highlights

The promoter group maintains significant shareholding in the company through multiple entities. Shree Saibaba Exim Private Limited holds the largest stake with 4,29,92,485 shares, followed by Raghuvir International Private Limited with 4,17,05,820 shares. Individual promoter Artiben Jayeshbhai Thakkar holds 2,77,24,453 shares, while Kavit Jayeshbhai Thakkar currently holds no shares in the company.

Corporate Governance

The timely filing of this declaration demonstrates the company's commitment to regulatory compliance and transparency in corporate governance. The document was digitally signed and submitted to BSE Limited's Department of Corporate Services, with copies provided to the company's Audit Committee Chairman for internal records.

Historical Stock Returns for Mercury EV-Tech

1 Day5 Days1 Month6 Months1 Year5 Years
+1.95%+11.40%+16.21%-22.11%-54.47%+94.39%

Will Mercury EV-Tech consider pledging promoter shares to raise capital for electric vehicle expansion plans in FY27?

How might the concentrated promoter ownership structure impact potential strategic partnerships or joint ventures in the EV sector?

Could the company's clean shareholding position make it an attractive acquisition target for larger automotive players?

More News on Mercury EV-Tech

1 Year Returns:-54.47%