Prevest denpro Limited has announced a change in its board composition with the cessation of an Independent Director upon completion of tenure. The company filed the necessary regulatory disclosure on April 27, 2026, informing the stock exchanges about this scheduled board change.

Director Cessation Details

Mr. Pardeep Gandotra (DIN: 08733719) ceased to hold office as Independent Director of the company effective from the closure of business hours on April 26, 2026. The cessation occurred due to the natural completion of his tenure as an Independent Director, marking the end of his scheduled term with the company.

Regulatory Compliance

The company fulfilled its regulatory obligations by filing the disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made in accordance with SEBI Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Managing Director Atul Modi (DIN: 00788272) signed the disclosure document on behalf of Prevest Denpro Limited. The company has also committed to making this information available on its official website for stakeholder reference.

Corporate Governance Impact

The cessation represents a routine board transition as Independent Directors serve fixed terms under corporate governance norms. The completion of Mr. Gandotra's tenure follows the standard practice of Independent Director appointments, which are subject to specific tenure limits as per regulatory requirements.

Prevest Denpro Limited has filed its quarterly compliance certificate with BSE Limited, confirming adherence to SEBI regulations regarding share dematerialisation for the quarter ended March 31, 2026. The submission demonstrates the company's commitment to maintaining regulatory compliance in its shareholding structure.

Regulatory Compliance Filing

The company submitted the mandatory certificate on April 08, 2026, in accordance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. Managing Director Atul Modi signed the compliance document, which was addressed to the Listing Department of BSE Limited.

Share Dematerialisation Status

The certificate confirms that Regulation 74(5) is not applicable to Prevest Denpro Limited, as the entire shareholding of the company remains in dematerialised form. This status indicates that all physical share certificates have been converted to electronic format, streamlining trading and transfer processes.

Bigshare Services Pvt. Ltd, serving as the company's Registrar and Share Transfer Agent, provided supporting documentation confirming the dematerialisation status. The registrar's certificate, dated April 06, 2026, and signed by Authorised Signatory Akash Shamal, corroborated the company's compliance position.

Shareholder Activity Report

During the quarter ended March 31, 2026, the company received no requests from shareholders for rematerialisation of shares. This absence of rematerialisation requests supports the continued applicability exemption under the SEBI regulation.

The filing reflects the company's systematic approach to regulatory compliance and its maintenance of modern shareholding infrastructure. The quarterly certification process ensures transparency and adherence to SEBI's depositories and participants regulations, providing stakeholders with confidence in the company's governance practices.