Prabhav Industries Limited has filed its quarterly compliance certificate with BSE Limited, confirming adherence to SEBI regulations regarding dematerialization of securities for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company submitted the certificate on April 15, 2026, addressing the General Manager-Listing at BSE's Corporate Relationship Department. The filing pertains to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, which mandates specific procedures for handling dematerialized securities.

Certificate Details

Compliance Confirmation

The certificate confirms that Prabhav Industries Limited has fulfilled its regulatory obligations during the quarter. Specifically, the company has verified that all security certificates received for dematerialization were properly processed according to established protocols.

The filing states that security certificates were mutilated and cancelled after due verification by the depository participant, with depositories' names being substituted in the register of members within the mandatory 15-day period. This process ensures proper transition from physical to electronic form of securities.

Corporate Governance

The certificate was signed by Director Gautam Kalu Mohite and bears the official circular stamp of Prabhav Industries Limited, Surat. This quarterly filing demonstrates the company's commitment to maintaining regulatory compliance and transparent corporate governance practices as required for listed entities on Indian stock exchanges.

Prabhav Industries Limited has successfully conducted its mandatory Independent Directors meeting for Financial Year 2025-26, fulfilling key regulatory requirements under SEBI guidelines. The meeting took place on March 20, 2026, at the company's registered office and addressed critical governance matters.

Meeting Details and Regulatory Compliance

The Independent Directors meeting was held in accordance with Regulation 25(3) of the Securities and Exchange Board of India (LODR) Regulations, 2015, read with Schedule IV of the Companies Act, 2013. This annual meeting is a mandatory requirement for listed companies to ensure independent oversight of board performance and governance practices.

Key Agenda Items and Assessments

The Independent Directors conducted comprehensive reviews across three critical areas of corporate governance. The meeting agenda included a thorough evaluation of non-independent directors and the board's overall performance, ensuring accountability and effectiveness in decision-making processes.

The directors also reviewed the performance of the company's chairperson, incorporating perspectives from both executive and non-executive directors. This multi-dimensional assessment approach ensures a balanced evaluation of leadership effectiveness.

Information Flow Assessment

A significant focus of the meeting was assessing the quality, quantity, and timeliness of information flow between the company's management and the board of directors. This evaluation ensures that the board receives adequate and timely information necessary for effective decision-making and reasonable performance of their fiduciary duties.

Regulatory Notification

The company has duly informed BSE Limited about the meeting outcome under Regulation 30 of the SEBI (LODR) Regulations, 2015. The notification was signed by Gautam Kalu Mohite, Director (DIN: 07703344), ensuring proper compliance with disclosure requirements for listed companies.