Paras Petrofils appoints Ankit Consultancy as new RTA
- Paras Petrofils appoints Ankit Consultancy as new RTA
- Bigshare Services continues till data migration completes
- Board approved change at meeting on August 27, 2026
- Disclosure made under SEBI Regulation 30
*this image is generated using AI for illustrative purposes only.
Paras Petrofils appointed Ankit Consultancy Private Limited as its new Registrar and Share Transfer Agent (RTA). The Board of Directors approved the change during a meeting held on August 27, 2026.
The appointment replaces Bigshare Services Private Limited, which will continue to serve as the RTA until database and electronic connectivity are fully migrated to the new agency. The effective date for Ankit Consultancy’s services will be determined by the agreement executed between the two entities.
Regulatory Compliance
The company disclosed the outcome under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board meeting commenced at 3:00 pm and concluded at 5:20 pm on August 27, 2026.
Ankit Consultancy, holding SEBI Registration No. INR000000767, confirmed its consent to undertake RTA services. This includes handling electronic connectivity, physical share transfers, dematerialisation requests, and shareholder record maintenance in accordance with regulatory guidelines.
Operational Transition
Bigshare Services will manage shareholder records during the transition period. Ankit Consultancy stated that all necessary formalities for appointment and connectivity will be completed as per applicable procedures.
Historical Stock Returns for Paras Petrofils
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.93% | +1.88% | -12.15% | +1.88% | -13.89% | 0.0% |
How might the transition to Ankit Consultancy impact the processing speed and reliability of shareholder services for Paras Petrofils investors?
What are the potential cost implications for Paras Petrofils resulting from switching RTA providers, and will this affect future dividend payout timelines?
Could this change in RTA signal broader strategic operational shifts or governance improvements within Paras Petrofils?
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