Prithvi Exchange (India) Limited has fulfilled its quarterly regulatory obligations by submitting the mandatory compliance certificate under SEBI regulations for the fourth quarter of fiscal year 2026. The submission demonstrates the company's adherence to depositories and participants regulations governing dematerialization processes.

Regulatory Compliance Submission

On April 03, 2026, Prithvi Exchange (India) Limited submitted its Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 to BSE Limited. The certificate covers the fourth quarter ended March 31, 2026, and was signed by Managing Director Pavan Kumar Kavad (DIN: 07095542).

RTA Confirmation Certificate

The submission included a confirmation certificate from Integrated Registry Management Services Private Limited, which serves as the company's Registrar to an Issue and Share Transfer Agent (RTA). The RTA confirmed that all securities received from Depository Participants for dematerialization during the quarter ended March 31, 2026, were properly processed and confirmed to the depositories and stock exchanges where the securities are listed.

The RTA certificate validates several key compliance aspects:

• Securities received for dematerialization were confirmed (accepted/rejected) to depositories and stock exchanges
• Security certificates received for dematerialization were mutilated and cancelled after due verification
• Names of depositories were substituted in the register of members as registered owners
• All processes were completed within stipulated time limits under the regulation

Regulatory Framework

Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 mandates quarterly compliance reporting for companies regarding their dematerialization processes. This regulation ensures transparency and proper record-keeping in the conversion of physical securities to electronic form, protecting investor interests and maintaining market integrity.

Communication Protocol

The certificate was formally submitted to BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai, with copies sent to both major depositories - National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL). This comprehensive communication ensures all relevant regulatory bodies are informed of the company's compliance status.

The submission reflects Prithvi Exchange (India) Limited's commitment to maintaining regulatory compliance and transparent corporate governance practices in accordance with SEBI guidelines for depositories and participants.

Prithvi exchange (India) Limited has announced a key management change with the resignation of its Company Secretary & Compliance Officer. The foreign exchange services company informed BSE Limited about this corporate development through a regulatory filing under SEBI disclosure requirements.

Key Personnel Change

Ms. Shuba Lakshmanan (ACS: 66801) has resigned from her position as Company Secretary & Compliance Officer of Prithvi Exchange (India) Limited. The resignation became effective from the close of business hours on April 02, 2026.

Resignation Timeline and Process

The resignation process began on February 18, 2026, when Ms. Lakshmanan submitted her resignation letter to Managing Director Mr. Pavan Kumar Kavadi. In her letter, she requested the Board to relieve her from services by April 02, 2026, as agreed with the company.

Ms. Lakshmanan expressed gratitude to the Board of Directors and management team for their support during her tenure. She committed to ensuring a smooth transition of responsibilities before her departure and mentioned enjoying her time working for the company.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The announcement was made in compliance with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Managing Director Pavan Kumar Kavad (DIN: 07095542) signed the disclosure document digitally on April 02, 2026. The company confirmed that there are no other material reasons for the resignation beyond those stated in the resignation letter.

Company Background

Prithvi Exchange (India) Limited operates in the foreign exchange services sector, providing foreign currencies, forex cards, and remittances abroad. The company is headquartered in Chennai, Tamil Nadu, and is listed on BSE Limited with scrip code 531688.