Novus Loyalty Limited Submits SEBI Compliance Certificate for FY26

1 min read     Updated on 13 Apr 2026, 07:12 PM
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Novus Loyalty Limited filed its mandatory SEBI Regulation 74(5) certificate for the year ended March 31, 2026, with BSE SME on April 13, 2026. Managing Director Deepak Tomar signed the compliance document, while registrar KFin Technologies Limited confirmed all shares remained dematerialized with no rematerialization requests during the quarter.

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Novus Loyalty Limited has completed its regulatory filing requirements by submitting a certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the year ended March 31, 2026. The compliance document was filed with BSE SME on April 13, 2026, demonstrating the company's adherence to mandatory regulatory requirements.

Regulatory Compliance Details

The certificate submission fulfills the company's obligations under SEBI regulations governing depositories and participants. Managing Director Deepak Tomar, holding DIN 02485965, signed the compliance document on behalf of Novus Loyalty Limited.

Parameter: Details
Filing Date: April 13, 2026
Period Covered: Year ended March 31, 2026
Signatory: Deepak Tomar, Managing Director
DIN: 02485965
Exchange: BSE SME

Registrar Confirmation

KFin Technologies Limited, acting as the company's Registrar, Share Transfer and Depository Services agent, provided certification dated April 6, 2026. The registrar confirmed that details of securities dematerialized during the specified period were furnished to all stock exchanges where the company's shares are listed.

Vice President Dnyanesh Gharote signed the registrar's certificate, confirming compliance with regulatory requirements. The certification specifically addressed the quarter ended March 31, 2026.

Share Dematerialization Status

The registrar's certificate revealed important information about the company's share structure:

  • All shares of Novus Loyalty Limited remained in dematerialized form during the quarter
  • No rematerialization requests were received during the specified period
  • Securities dematerialization details were properly communicated to relevant stock exchanges

Administrative Framework

KFin Technologies Limited operates from multiple locations to support its registrar services. The company maintains its operations center in Hyderabad's Financial District at Selenium Tower B, while its registered office is located in Mumbai's Kurla West area. The registrar holds CIN L72400MH2017PLC444072 and coordinates with both National Securities Depository Limited and Central Depository Services (India) Limited for depository services.

This regulatory filing represents routine compliance activity, ensuring transparency in the company's share transfer and depository operations while meeting SEBI's mandatory reporting requirements for listed entities.

What strategic initiatives is Novus Loyalty planning to implement in FY2027 that could impact its share trading activity?

Will the company consider migrating from BSE SME to the main board given its consistent regulatory compliance track record?

How might upcoming SEBI regulatory changes affect Novus Loyalty's depository and compliance costs in the next fiscal year?

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Novus Loyalty Receives Formal Award Notification for $407,500 Bank Contract

1 min read     Updated on 11 Apr 2026, 02:14 AM
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AI Summary

Novus Loyalty Limited has formally announced the receipt of a USD 407,500 contract award from Bank of Abyssinia through regulatory disclosure under SEBI requirements. The comprehensive agreement covers Enterprise-Wide Loyalty Program Management Solution implementation, including licensing, customization, training, and support services, marking a significant milestone in the company's international expansion strategy.

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Novus Loyalty Limited has formally disclosed the receipt of an award notification from Bank of Abyssinia for a USD 407,500 contract under SEBI regulatory requirements. The company announced this significant business development through a regulatory filing dated April 10, 2026.

Contract Award Details

The formal notification confirms Novus Loyalty's successful bid for implementing an Enterprise-Wide Loyalty Program Management Solution (EWLPMS) for Bank of Abyssinia, located in Addis Ababa, Ethiopia. This represents a major milestone in the company's international expansion strategy.

Contract Parameter: Details
Contract Value: USD 407,500
Client: Bank of Abyssinia, Addis Ababa, Ethiopia
Service Scope: Enterprise-Wide Loyalty Program Management Solution
Entity Type: International Entity
Performance Guarantee: 10% of contract value

Service Components and Terms

The comprehensive contract encompasses multiple service components designed to deliver a complete loyalty management solution. The agreement includes licensing, implementation, customization, training, and ongoing support services for the banking institution.

Service Component: Coverage
Licensing: Software licensing rights
Implementation: System deployment and setup
Customization: Tailored solution development
Training: Staff training and knowledge transfer
Support Services: Ongoing technical support
Tax Responsibility: Applicable local taxes borne by Bank

Regulatory Compliance and Disclosure

Novus Loyalty's disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that neither promoters nor group companies have any interest in Bank of Abyssinia, and the contract does not constitute a related party transaction.

The formal award notification strengthens Novus Loyalty's position in the international loyalty management services market, demonstrating the company's capability to deliver enterprise-scale solutions across global markets. This Ethiopian banking engagement adds significant value to the company's growing international client portfolio.

How might this Ethiopian banking contract influence Novus Loyalty's expansion strategy into other African markets?

What impact could this USD 407,500 contract have on Novus Loyalty's revenue growth and market valuation in 2026?

Will Bank of Abyssinia's implementation serve as a reference case for Novus Loyalty to secure additional banking clients in emerging markets?

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