Pasupati fincap Limited has submitted its quarterly compliance certificate to BSE Limited under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The submission was made on April 7, 2026, by Whole Time Director Anil Malik.

Regulatory Compliance Submission

The compliance certificate was issued by Skyline Financial Services Private Limited, the company's Registrar and Share Transfer Agent, dated April 2, 2026. The certificate confirms that all dematerialization processes during the quarter were conducted in accordance with SEBI regulations, with securities being properly listed and certificates mutilated within the prescribed 15-day timeframe.

Dematerialization Activity Summary

During the quarter from January 1, 2026 to March 31, 2026, Pasupati Fincap processed dematerialization requests across both major depositories:

NSDL Transaction Details

The NSDL depository recorded one dematerialization request from shareholder Jagat Navratna Lodha for 100 shares. The request, received on January 31, 2025, was set up on January 30, 2026, but was subsequently rejected in full, with confirmation provided on February 2, 2026.

CDSL Transaction Activity

CDSL processed two dematerialization requests from shareholders Manohar Maganlal Potdar and Vidya Manohar Potdar:

• First Request: 100 shares received January 9, 2026, set up January 7, 2026, fully rejected with confirmation on January 13, 2026
• Second Request: 100 shares received February 26, 2026, set up February 24, 2026, fully accepted with confirmation on February 27, 2026

Corporate Information

Pasupati Fincap Limited operates from its corporate office in Sahibabad, Ghaziabad, Uttar Pradesh. The company trades on BSE under scrip code 511734 with the symbol PASUFIN. The compliance submission demonstrates the company's adherence to regulatory requirements for share transfer and dematerialization processes as mandated by SEBI regulations.

Pasupati Fincap Limited's Board of Directors concluded a significant meeting on March 26, 2026, approving multiple corporate restructuring proposals including a scheme of arrangement for share capital reduction and a complete name change. The board meeting, which commenced at 04:00 P.M. and concluded at 05:50 P.M., addressed several key corporate governance matters under Regulation 30 of SEBI (LODR) Regulations, 2015.

Major Board Decisions

The board approved a comprehensive scheme of arrangement for reduction of share capital due to accumulated business losses, subject to shareholder approval at an Extra-Ordinary General Meeting (EGM) and requisite statutory approvals. Additionally, the board approved changing the company's name from Pasupati Fincap Limited to Harmanshi Appliances Co. Limited.

Share Capital Restructuring Details

The proposed capital reduction involves cancellation and extinguishment of 44,65,000 fully paid-up equity shares of ₹10.00 each on a pro-rata basis. This will reduce the company's paid-up equity share capital from ₹4,70,00,000 comprising 47,00,000 equity shares to ₹23,50,000 comprising 2,35,000 equity shares.

The restructuring aims to set off ₹4,46,50,000 out of accumulated losses totaling ₹5,35,37,249.50 against the reduced share capital, significantly improving the company's balance sheet position.

Director Appointment and EGM Schedule

Based on the Nomination and Remuneration Committee's recommendation, the board appointed Mrs. Rakhi Sharma (DIN: 00333120) as Additional Director (Non-Executive and Independent) for a five-year term effective from February 26, 2026. Mrs. Sharma brings over 10 years of directorial experience with expertise in corporate governance, strategic planning, and risk management.

Regulatory Compliance and Publication

Pursuant to Regulation 47 of SEBI (LODR) Regulations, 2015, the company published the EGM notice in newspapers on March 29, 2026. The notice was published in Financial Express (Delhi edition) and Jansatta (Delhi edition), ensuring compliance with regulatory requirements for public disclosure.

Previous EGM Outcome

Notably, a similar scheme of capital reduction was previously placed before shareholders at an EGM held on March 12, 2026, but failed to obtain the requisite majority approval under Section 66 of the Companies Act, 2013. The board has now reapproved the scheme for fresh consideration at the upcoming April EGM.

The company confirmed that since the scheme solely provides for writing off accumulated losses against share capital applied uniformly across all shareholders on a pro-rata basis, it does not require prior approval from stock exchanges under Regulation 37(6)(b) of SEBI (LODR) Regulations, 2015. The scheme will be filed with recognized stock exchanges for disclosure purposes only.

Source: None/Company/INE527C01010/c607fb97-acfe-44e0-9751-b08487622704.pdf