NDA Securities Limited has submitted its quarterly regulatory compliance certificate to the Bombay Stock Exchange, confirming adherence to SEBI dematerialization regulations for the quarter ended March 31, 2026. The certificate, filed on April 13, 2026, demonstrates the company's commitment to maintaining regulatory compliance in securities handling and depository operations.

Regulatory Compliance Certificate Details

The submission was made under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, with NDA Securities Limited's BSE code 511535. Company Secretary and Compliance Officer Shalini Chauhan (ACS-71998) signed the certificate, ensuring proper authorization and documentation.

Dematerialization Process Confirmation

The certificate confirms that NDA Securities Limited has properly handled all securities received for dematerialization within the stipulated 15-day timeframe. The company verified that:

• All securities comprised in the certificates have been listed on stock exchanges
• Security certificates received for dematerialization have been mutilated and cancelled after due verification
• The depository name has been substituted in company records as the registered owner

Third-Party Validation

Beetal Financial & Computer Services Private Limited, serving as the registrar and share transfer agent, provided supporting confirmation for the quarter ended March 2026. The RTA, registered with SEBI (Registration No. INR 000000262), validated that securities received from depository participants during the quarter were properly confirmed to depositories and handled according to regulatory requirements.

Corporate Information

NDA Securities Limited operates from its registered and corporate office located at 307, 3rd Floor, D-Mall, Netaji Subhash Place, Pitampura, New Delhi - 110034. The company maintains additional operations through its Mumbai office at 40, 3rd Floor, Prospects Chamber Annexe, Dr. D. N. Road, Fort, Mumbai - 400001, ensuring comprehensive service coverage across key financial centers.

NDA Securities Limited has announced the resignation of Independent Director Mr. Akshay Saxena, effective March 23, 2026, in compliance with regulatory disclosure requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resignation Details and Timeline

The company filed its disclosure on April 6, 2026, following an earlier intimation dated March 30, 2026. The resignation became effective on March 23, 2026, when Mr. Saxena submitted his formal resignation letter to the board.

Reasons for Resignation

In his resignation letter, Mr. Saxena cited health issues and personal matters as the primary reasons for his departure. He apologized for his unavailability and non-responsiveness, explaining that he had been navigating severe, ongoing health issues alongside urgent family matters requiring his absolute attention.

The director stated that due to these personal constraints, he was not in a position—physically or mentally—to fulfill his responsibilities as an Independent Director. He described his resignation as "the most responsible course of action to ensure the Company remains compliant and can proceed with its statutory obligations."

Regulatory Compliance and Confirmations

As required under Regulation 30 read with Schedule III of SEBI (LODR) Regulations, 2015, and SEBI Circular dated July 13, 2023, NDA Securities received confirmation from Mr. Saxena stating there are no material reasons for resignation other than those mentioned in his resignation letter.

In his confirmation letter, Mr. Saxena reiterated that his decision to resign was solely due to personal circumstances and health-related challenges, with no other reasons influencing his resignation.

Current Directorships

Mr. Saxena disclosed his current directorship positions in other entities:

Company Actions

Following the resignation, Mr. Saxena requested the company to file necessary forms with the Ministry of Corporate Affairs (MCA) and notify the Stock Exchange and SEBI as per regulatory requirements. The company has submitted all required documentation, including the resignation letter and confirmation from the Independent Director, to the stock exchange for record.

The disclosure was signed by Company Secretary Shalini Chuahan (ACS-71998) on behalf of NDA Securities Limited, ensuring compliance with all regulatory obligations under the SEBI listing regulations.