Patel Engineering Submits SEBI Compliance Certificate for Q4 FY26

1 min read     Updated on 10 Apr 2026, 02:45 AM
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Patel Engineering Limited filed its quarterly SEBI compliance certificate for Q4 FY26 on April 09, 2026, covering the quarter ended March 31, 2026. The company's registrar, MUFG Intime India Private Limited, confirmed no dematerialization or rematerialization requests were received during the period. This regulatory filing under SEBI (DP) Regulations demonstrates the company's continued compliance with securities market regulations.

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Patel engineering Limited has submitted its quarterly compliance certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The certificate was filed with both the Bombay Stock Exchange and National Stock Exchange of India on April 09, 2026, as part of the company's regulatory compliance obligations.

Regulatory Compliance Filing

The submission was made in compliance with Regulation 74(5) of SEBI (DP) Regulations, 2018, which mandates companies to provide quarterly confirmations regarding securities dematerialization processes. Company Secretary Shobha Shetty signed and submitted the certificate on behalf of Patel Engineering Limited.

Filing Details: Information
Quarter Ended: March 31, 2026
Filing Date: April 09, 2026
Regulation: SEBI (DP) Regulations, 2018 - Section 74(5)
Company Secretary: Shobha Shetty (Membership No. F10047)

Registrar Confirmation

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, serves as the company's registrar and share transfer agent. The registrar provided a confirmation certificate dated April 06, 2026, which was enclosed with Patel Engineering's regulatory filing.

The registrar confirmed that all securities received from depository participants for dematerialization during the quarter were processed according to prescribed timelines and regulatory requirements. Security certificates received were properly mutilated and cancelled after due verification by depository participants.

Dematerialization Activity

A significant aspect of this quarter's report was the absence of any dematerialization or rematerialization requests. MUFG Intime India Private Limited specifically noted that no requests for dematerialization or rematerialization were received during the quarter ended March 31, 2026.

Activity Summary: Status
Dematerialization Requests: None received
Rematerialization Requests: None received
Processing Status: All requirements met
Compliance Status: Fully compliant

Corporate Information

Patel Engineering Limited, incorporated in 1949, operates from its registered office at Patel Estate Road, Jogeshwari (W), Mumbai. The company maintains its listing on both major Indian stock exchanges with company codes 531120 on BSE and PATELENG on NSE.

The filing was also copied to both National Securities Depository Limited and Central Depository Services (India) Limited, ensuring comprehensive regulatory notification across all relevant depositories and market infrastructure institutions.

Historical Stock Returns for Patel Engineering

1 Day5 Days1 Month6 Months1 Year5 Years
-1.81%+9.02%+4.40%-26.18%-30.95%+160.69%

What factors might explain the complete absence of dematerialization and rematerialization requests during this quarter for Patel Engineering?

How could the transition from Link Intime to MUFG Intime India as registrar impact Patel Engineering's future share transfer processes?

Will the zero dematerialization activity trend continue in subsequent quarters, and what does this indicate about investor trading behavior?

Patel Engineering: Janky Patel Completes Final Share Transmission of 13.53 Lakh Equity Shares

1 min read     Updated on 31 Mar 2026, 06:12 AM
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Janky Patel completed the final transmission of 13,52,600 equity shares of Patel Engineering Limited on March 26, 2026, following promoter Rupen Patel's demise in July 2024. The transaction increased Janky Patel's shareholding from 2.97% to 3.11% and was completed under SEBI Takeover Regulation 10(1)(g) exemption. The transmission was delayed due to pledged shares being released by lenders on March 25, 2026.

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Patel Engineering has disclosed the completion of share transmission involving 13,52,600 equity shares to Janky Patel, following the demise of promoter Rupen Patel. The transaction was completed on March 26, 2026, under the exemption provisions of SEBI Takeover Regulations.

Transaction Background

Rupen Patel, one of the promoters of Patel Engineering Limited, expired on July 05, 2024. He had nominated Janky Patel for a total of 3,07,85,933 shares held by him in the company. The transmission process was completed in phases due to the pledged nature of certain shares.

The share transmission timeline unfolded as follows:

  • September 13, 2024: Transmission of 1,49,900 unencumbered shares
  • June 25, 2025: Transmission of 2,92,83,433 equity shares after pledge release
  • March 26, 2026: Final transmission of 13,52,600 equity shares after balance pledge release

Shareholding Details

The latest transmission represents 0.14% of the company's total share capital and was completed at nil consideration as it constitutes a transmission rather than a purchase transaction.

Parameter: Pre-Transaction Post-Transaction
Janky Patel Shares: 2,94,74,133 3,08,26,733
Shareholding %: 2.97% 3.11%
Late Rupen Patel Shares: 13,52,600 -
Rupen Patel %: 0.14% -

Regulatory Compliance

The acquisition falls under Regulation 10(1)(g) of the SEBI Takeover Regulations, which provides exemption from making an open offer for transmissions following the death of a shareholder. The company filed the disclosure under Regulation 10(6) with both the National Stock Exchange of India Limited and BSE Limited.

Regulatory Aspect: Details
Exemption Under: Regulation 10(1)(g)
Disclosure Required: No (under Regulation 10(5))
Transaction Type: Transmission
Consideration: Nil

The final transmission completes the transfer of all shares held by the late Rupen Patel to his nominee Janky Patel, with the delay in the last tranche attributed to the release of pledged shares by lenders on March 25, 2026.

Historical Stock Returns for Patel Engineering

1 Day5 Days1 Month6 Months1 Year5 Years
-1.81%+9.02%+4.40%-26.18%-30.95%+160.69%

How will Janky Patel's increased shareholding influence Patel Engineering's strategic direction and board composition?

What impact might the completion of this share transmission have on the company's promoter group dynamics and future capital allocation decisions?

Will the resolution of the pledged shares and completion of transmission improve Patel Engineering's access to credit or reduce financing constraints?

More News on Patel Engineering

1 Year Returns:-30.95%