Prime property development corp has announced the sad demise of Mr. Satendra Kumar Bhatnagar, Non-Executive Independent Director of the company. The announcement was made through a regulatory filing to the Bombay Stock Exchange under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director's Demise Details

Mr. Satendra Kumar Bhatnagar (DIN: 01813940) passed away on Monday, April 27, 2026. The company received intimation about his demise from family members on Thursday, April 30, 2026. The regulatory disclosure was filed on the same day to comply with stock exchange requirements.

Company's Response

The company has expressed that Mr. Satendra Kumar Bhatnagar's unexpected demise will be an irreparable loss to the organization. All directors and employees have extended their deep sympathy, sorrow, and condolences to his family during this difficult time.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, with detailed information provided as per the Master Circular issued vide circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The filing was signed by P L Soni, Chairman (DIN: 00006463), on behalf of Prime Property Development Corporation Limited.

Additional Information

According to the regulatory filing, Mr. Bhatnagar did not hold directorships in any other listed entities at the time of his demise. The company has requested the stock exchange to take the intimation on record as part of standard regulatory procedures.

Prime Property Development Corporation Limited has submitted its quarterly confirmation certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Submission Details

The company submitted the confirmation certificate on 14th April, 2026, addressed to the DCS-CRD at BSE Limited. The submission pertains to the quarter ended 31st March, 2026, covering Q4FY26 operations.

Certificate Confirmation Process

MUFG Intime India Private Limited, serving as the company's Registrar and Transfer Agent, issued the confirmation certificate on 3rd April, 2026. The certificate validates compliance with dematerialisation procedures and regulatory timelines.

The registrar confirmed that securities received from depository participants for dematerialisation during Q4FY26 were properly processed. All securities comprised in the certificates have been listed on stock exchanges where the company's earlier issued securities are already listed.

Compliance Verification

The confirmation certificate establishes that security certificates received for dematerialisation were appropriately handled according to regulatory requirements. Key compliance aspects include:

• Securities received were confirmed or rejected to depositories within prescribed timelines
• Security certificates were mutilated and cancelled after due verification by depository participants
• Depositories' names were substituted in the register of members as registered owners
• All procedures followed SEBI (Depositories and Participants) Regulations, 2018 guidelines

Corporate Information

The submission was signed by P L Soni, Director (DIN: 00006463), representing Prime Property Development Corporation Limited. The company operates in the builders and developers sector, with its registered office located in Mumbai.

MUFG Intime India Private Limited, formerly Link Intime India Private Limited, serves as the registrar and transfer agent. The certificate was signed by Ashok Shetty, Sr. Vice President-Corporate Registry, confirming the company's adherence to dematerialisation regulations during the quarter.