Prime Fresh Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulation, 2018 for the quarter ended March 31, 2026. The certificate was filed with BSE Limited on April 4, 2026, as part of the company's regulatory obligations.

Regulatory Compliance Certificate

The certificate was issued by Bigshare Services Private Limited, which serves as the Registrar and Share Transfer Agent for Prime Fresh Limited. The document confirms compliance with SEBI's quarterly reporting requirements for depository activities.

Certificate Confirmation

Bigshare Services Private Limited confirmed in their certificate dated April 3, 2026, that no securities were received from depository participants for dematerialization up to March 31, 2026. The registrar stated that since there were no securities for dematerialization, no certificates were mutilated and cancelled, and consequently, there was no substitution of the name of depositories in the register of members as registered owner within the stipulated 15-day period.

Corporate Governance

The filing was signed by Jasmin Doshi, Company Secretary of Prime Fresh Limited, demonstrating the company's commitment to maintaining proper corporate governance standards. The certificate from Bigshare Services was authorized by Akash Shamal as the authorized signatory.

Regulatory Framework

This quarterly certificate submission is mandated under SEBI (Depositories and Participants) Regulation, 2018, which requires companies to report on their dematerialization activities through their registrar and share transfer agents. The regulation ensures transparency in the handling of securities and maintains investor confidence in the depository system.

Prime Fresh Limited's promoter Hiren Chandrakant Ghelani has released the encumbrance on 700 equity shares, as disclosed on April 3, 2026, under SEBI's regulatory framework. The release transaction was completed on April 1, 2026, removing the previously created pledge on these shares.

Release of Encumbrance Details

The release involves 700 equity shares of Prime Fresh Limited that were previously encumbered. This represents 0.005% of the company's total share capital and marks the completion of the encumbrance cycle for these shares.

Promoter Holdings Structure

Hiren Chandrakant Ghelani maintains substantial holdings in Prime Fresh Limited with 4159084 shares, representing 30.22% of the company's share capital. Following this release, his shareholding has no current encumbrances, returning to an unencumbered status.

Other Promoter Group Holdings

The promoter group includes several family members and corporate entities with varying shareholdings. Neha Ghelani holds 189585 shares (1.38%), while Ameesha Karia maintains 296895 shares (2.16%). Corporate entities NH Time Investments Research Private Limited and Prosperity Securities Private Limited hold 408000 shares (2.96%) and 402000 shares (2.92%) respectively.

Regulatory Compliance Framework

The disclosure fulfills requirements under Regulation 31 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation mandates promoters to inform stock exchanges and target companies about any encumbrance creation, invocation, or release of their shareholdings, ensuring complete market transparency.

The filing was submitted to BSE Limited, where Prime Fresh Limited's shares are listed, along with the company's registered office in Ahmedabad. The comprehensive disclosure includes detailed annexures providing complete information about the release arrangement and current promoter group holdings status.