Panama petrochem Limited has filed its mandatory confirmation certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 for the quarter ended March 31, 2026. The regulatory filing was submitted to both BSE and NSE on April 8, 2026, by Company Secretary and Compliance Officer Gayatri Sharma.

Regulatory Compliance Certificate

The confirmation certificate was issued by Bigshare Services Pvt. Ltd., the company's Registrar & Share Transfer Agent, dated April 6, 2026. This certificate serves as mandatory compliance documentation required under SEBI regulations for all listed companies.

Certificate Confirmations

The certificate confirms several key compliance aspects for the quarter ended March 31, 2026:

• Securities received from depository participants for dematerialization were properly confirmed to depositories
• All securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialization have been mutilated and cancelled after due verification
• Names of depositories have been substituted in register of members as registered owners within the stipulated 15-day period

Stock Exchange Details

Panama Petrochem Limited's shares are traded on major Indian stock exchanges with the following identifiers:

Corporate Information

The company maintains its corporate office at 401 Aza House, 24, Turner Road, Bandra (W), Mumbai 400 050. The filing demonstrates Panama Petrochem's continued adherence to regulatory requirements and proper governance practices as mandated by SEBI for listed entities.

Panama Petrochem Limited has witnessed comprehensive regulatory compliance following a significant promoter group transaction. Amin Amirali Rayani, a promoter group member, has completed all mandatory SEBI disclosures related to his acquisition of 15.36 lakh equity shares from fellow promoter Amirali Essabhai Rayani through an inter-se transfer by way of gift.

SEBI Regulatory Compliance

Amin Amirali Rayani submitted his final disclosure to SEBI on March 09, 2026, under Regulation 10(7) of SEBI SAST Regulations, completing the comprehensive regulatory compliance process. The disclosure was filed through the SEBI-SI Portal along with requisite fees, as mandated by SEBI Circular No. SEBI/HO/CFD/DCR1/CIR/P/2025/0034.

Transaction Timeline and Details

The share transfer was executed on March 05, 2026, through an off-market inter-se transfer by way of gift between immediate relatives belonging to the promoter and promoter group. This transaction was conducted under Regulation 10(1)(a)(i) of SEBI SAST Regulations, which permits such transfers among promoter group members without any consideration.

Shareholding Changes

The transaction resulted in a significant redistribution of shares within the promoter group, with Amin Amirali Rayani's shareholding increasing substantially while Amirali Essabhai Rayani transferred his entire holding.

Regulatory Framework Compliance

The comprehensive disclosure process demonstrates full compliance with SEBI regulations. The acquirer confirmed that all conditions specified under Regulation 10(1)(a)(i) regarding exemptions from making an open offer have been duly complied with. The transaction involved immediate relatives, with Amin Amirali Rayani being the son of transferor Amirali Essabhai Rayani.

This transaction reflects the internal restructuring within the promoter group of Panama Petrochem Limited, with the gift transfer consolidating shareholding among immediate family members while maintaining regulatory compliance throughout the process.