Muzali Arts Limited Files SEBI Compliance Certificate for Q4 FY26

1 min read     Updated on 14 Apr 2026, 02:47 PM
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Muzali Arts Limited, formerly Welcoa International Limited, has submitted its quarterly compliance certificate to BSE for Q4 FY26 under SEBI Regulation 74(5). The filing was made by Director Mr. Mansoorbhai Murtuza on April 14, 2026, with registrar services provided by Satellite Corporate Services Pvt. Ltd.

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Muzali Arts Limited has submitted its quarterly compliance certificate to the Bombay Stock Exchange for the quarter ended March 31, 2026, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulation 2018.

Regulatory Filing Details

The company filed the mandatory certificate under Regulation 74(5) with BSE Limited on April 14, 2026. The submission was made by Mr. Mansoorbhai Murtuza, Director of Muzali Arts Limited, who holds DIN 08965751.

Filing Parameter: Details
Filing Date: April 14, 2026
Quarter Covered: March 31, 2026
Regulation: SEBI Regulation 74(5)
Filed By: Mr. Mansoorbhai Murtuza, Director
BSE Scrip Code: 539410

Company Information

Muzali Arts Limited, formerly known as Welcoa International Limited, operates from its registered office at Plot No. 3 B-44 Near Manav Mandir Katol Road Yerla Nagpur - 441501. The company holds CIN L20100MH1995PLC322040 and maintains its corporate communications through office@muzaliarts.com .

Registrar Services

Satellite Corporate Services Pvt. Ltd. serves as the registrar and transfer agents for Muzali Arts Limited. The registrar issued the compliance certificate confirming adherence to prescribed timelines and procedures for dematerialisation processes during the quarter.

Company Parameter: Details
Former Name: Welcoa International Limited
CIN: L20100MH1995PLC322040
Registered Office: Nagpur
Contact: +91 8446581165

Compliance Framework

The filing demonstrates Muzali Arts Limited's commitment to maintaining regulatory compliance with SEBI requirements. The regulation mandates companies to file these certificates quarterly to ensure proper oversight of dematerialisation processes and shareholder services.

The certificate was submitted from the company's Nagpur office, with the director's signature and official company stamp authenticating the regulatory submission to BSE Limited.

Historical Stock Returns for Mukta Arts

1 Day5 Days1 Month6 Months1 Year5 Years
-2.01%+5.49%+2.34%-28.04%-33.36%+73.71%

What strategic initiatives might Muzali Arts Limited pursue following their name change from Welcoa International Limited?

How could potential changes in SEBI's depositories regulations impact Muzali Arts' future compliance costs?

Will Muzali Arts Limited consider expanding their operations beyond their current Nagpur base in the coming quarters?

Muzali Arts Limited Conducts Independent Directors Meeting in Compliance with Regulatory Requirements

1 min read     Updated on 31 Mar 2026, 05:07 PM
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AI Summary

Muzali Arts Limited held its mandatory separate meeting of Independent Directors on March 31, 2026, in compliance with Companies Act, 2013 and SEBI LODR Regulations. The 45-minute meeting at the company's registered office covered board performance review, Chairperson evaluation, and assessment of management-Board information flow, demonstrating the company's commitment to robust corporate governance practices.

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Muzali Arts Limited conducted its mandatory separate meeting of Independent Directors on March 31, 2026, fulfilling key corporate governance requirements under Indian regulatory framework. The meeting was held at the company's registered office located at Plot No. 3 B-44 Near Manav Mandir Katol Road Yerla Nagpur.

Regulatory Compliance Framework

The meeting was conducted in strict compliance with Section 149(7) read with Schedule IV of the Companies Act, 2013 and Regulation 25 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These regulations mandate separate meetings of Independent Directors to ensure robust corporate governance and independent oversight of board functions.

Meeting Agenda and Key Discussions

The Independent Directors' meeting addressed three critical areas of board evaluation and governance:

Discussion Areas: Details
Board Performance Review: Assessment of Non-Independent Directors and overall Board effectiveness
Chairperson Evaluation: Performance review incorporating views from Executive and Non-Executive Directors
Information Flow Assessment: Quality, quantity, and timeliness of management-to-Board information exchange

Meeting Timeline and Participation

The meeting was efficiently conducted within a focused timeframe, demonstrating the directors' commitment to structured governance processes. The session commenced at 11:00 AM IST and concluded at 11:45 AM IST, lasting exactly 45 minutes.

Sohan Chaturvedi, serving as Independent Director with DIN 09629728, signed the formal communication to the Bombay Stock Exchange Limited, confirming the meeting's completion and compliance with regulatory obligations.

Corporate Governance Significance

This separate meeting of Independent Directors represents a crucial component of the company's corporate governance framework, ensuring independent evaluation of board performance and management effectiveness. The structured assessment of information flow between management and the Board helps maintain transparency and enables directors to fulfill their fiduciary responsibilities effectively.

Historical Stock Returns for Mukta Arts

1 Day5 Days1 Month6 Months1 Year5 Years
-2.01%+5.49%+2.34%-28.04%-33.36%+73.71%

What specific governance improvements or board restructuring changes might emerge from the Independent Directors' performance assessments?

How could the evaluation outcomes influence Muzali Arts Limited's strategic direction and management decisions in the upcoming fiscal year?

Will the company consider expanding its Independent Director composition or introducing additional governance committees based on this review?

More News on Mukta Arts

1 Year Returns:-33.36%