MFS Intercorp Ltd Claims Exemption from Annual Secretarial Compliance Report for FY26

1 min read     Updated on 09 Apr 2026, 03:46 AM
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MFS Intercorp Ltd has informed BSE that it is exempt from submitting the Annual Secretarial Compliance Report for FY26 under Regulation 24A. The company claims exemption under SEBI Regulation 15(2), which applies to listed entities with paid-up equity capital not exceeding Rs 10 crores and net worth not exceeding Rs 25 crores. This exemption covers various corporate governance provisions including the secretarial compliance reporting requirement.

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MFS Intercorp Ltd has notified BSE Limited that it will not be submitting the Annual Secretarial Compliance Report for the financial year ended March 31, 2026, citing regulatory exemptions available to smaller listed entities.

Regulatory Exemption Details

The company has claimed exemption under Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation provides relief to listed entities meeting specific financial criteria regarding compliance with various corporate governance provisions.

Parameter Threshold Limit
Paid-up Equity Share Capital Not exceeding Rs 10 crores
Net Worth Not exceeding Rs 25 crores
Assessment Date Last day of previous financial year

Scope of Exemption

Under the claimed exemption, MFS Intercorp Ltd is relieved from compliance with multiple SEBI regulations. The exemption covers provisions specified in regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 27, and specific clauses of regulation 46, along with Para C, D and E of Schedule V.

The Annual Secretarial Compliance Report requirement under Regulation 24A, which was introduced through SEBI Circular CIR/CFD/CMD1/27/2019 dated February 8, 2019, falls within this exempted scope.

Communication to Exchange

The notification was sent to BSE Limited on April 8, 2026, signed by Kiran Vishwakarma, Whole Time Director of the company. The communication referenced the company's scrip code 513721 and cited relevant SEBI circulars and BSE notifications that establish the reporting requirements and available exemptions.

The company has requested BSE to acknowledge this exemption claim and take note of its non-applicability status for the Annual Secretarial Compliance Report submission.

Historical Stock Returns for MFS Intercorp

1 Day5 Days1 Month6 Months1 Year5 Years
+4.96%+33.65%+0.65%+10.75%-3.44%+44.39%

Will MFS Intercorp's exemption from compliance reporting affect investor confidence and its ability to attract institutional investment?

How might SEBI's regulatory framework for smaller listed entities evolve given the increasing number of companies claiming such exemptions?

What impact could this reduced compliance burden have on MFS Intercorp's operational costs and resource allocation in the coming quarters?

MFS Intercorp Ltd Submits SEBI Compliance Certificate for Q4FY26 Period

1 min read     Updated on 09 Apr 2026, 03:43 AM
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MFS Intercorp Ltd submitted its mandatory SEBI compliance certificate for Q4FY26 period covering January 1 to March 31, 2026. The certificate, issued by registrar Satellite Corporate Services Pvt. Ltd., confirms proper dematerialization compliance and was submitted to BSE Limited on April 8, 2026. This quarterly submission demonstrates the company's adherence to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018.

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MFS Intercorp Ltd has fulfilled its regulatory obligations by submitting the mandatory certificate under SEBI (Depositories and Participants) Regulations, 2018 for the fourth quarter of fiscal year 2026. The submission demonstrates the company's adherence to securities market compliance requirements.

Regulatory Compliance Details

The certificate was submitted to BSE Limited on April 8, 2026, covering the period from January 1, 2026 to March 31, 2026. This quarterly submission is mandated under Regulation 74(5) of SEBI regulations for all listed companies.

Parameter: Details
Reporting Period: January 1, 2026 to March 31, 2026
Submission Date: April 8, 2026
Exchange: BSE Limited
Scrip Code: 513721
Regulation: SEBI Regulation 74(5)

Registrar Certification

Satellite Corporate Services Pvt. Ltd., serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate on April 6, 2026. The registrar confirmed two critical compliance aspects:

  • Securities comprised in the certificates have been listed on stock exchanges
  • Physical share certificates have been properly verified, mutilated, cancelled, and the depository name substituted in records as registered owner

Corporate Information

The submission was authorized by Kiran Vishwakarma, Whole Time Director with DIN 10526319. MFS Intercorp Ltd operates with its registered office in New Delhi and corporate office in Ahmedabad, Gujarat.

Corporate Details: Information
CIN: L27209DL1986PLC254555
Registered Office: Office No.5 1st Floor BLK B, PKT 3, Se 34, Rohini, New Delhi 110042
Corporate Office: Office No. 109, First Floor, Arista, Bodakdev, Ahmedabad, Gujarat, 380054
Website: www.muskanferro.com

Significance of Compliance

This quarterly certificate submission represents standard regulatory compliance for listed companies, ensuring transparency in share dematerialization processes. The certification by an authorized registrar validates the company's adherence to SEBI guidelines for depositories and participants, maintaining investor confidence in the securities market framework.

Historical Stock Returns for MFS Intercorp

1 Day5 Days1 Month6 Months1 Year5 Years
+4.96%+33.65%+0.65%+10.75%-3.44%+44.39%

Will MFS Intercorp's consistent regulatory compliance help attract institutional investors in the upcoming quarters?

How might SEBI's evolving depository regulations impact MFS Intercorp's compliance costs in fiscal 2027?

Could MFS Intercorp's strong compliance track record position it favorably for potential credit rating upgrades?

More News on MFS Intercorp

1 Year Returns:-3.44%