Riddhi Display Equipments Limited has issued a clarification to BSE Limited regarding the recent significant movement in its share price across exchanges. The response, dated April 11, 2026, addresses BSE's inquiry about the volatility in the company's equity shares.

Regulatory Compliance and Disclosure

The company has emphasized its adherence to regulatory requirements in its communication to the BSE Surveillance Department. Key aspects of the clarification include:

Company's Position on Price Movement

Riddhi Display Equipments has stated that it has made all necessary disclosures in a timely and accurate manner, conforming to the principles governing disclosures under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has categorically denied withholding any material information or announcements that could influence price or volume behavior in its shares.

Market-Driven Volatility

The company has attributed the significant price movement observed across exchanges to purely market-driven factors. This clarification comes as part of the standard regulatory process where exchanges seek explanations for unusual price or volume movements in listed securities.

Ongoing Commitment to Transparency

Riddhi Display Equipments has reaffirmed its commitment to maintaining transparency with stock exchanges. The company has assured that it will continue to inform exchanges about any price-sensitive information as mandated under Regulation 30 of the SEBI regulations. The communication was signed by Managing Director Shaileshbhai Ratibhai Pipaliya, who holds DIN 00832768, emphasizing the company's commitment to regulatory compliance and investor transparency.

Riddhi Display Equipments Limited has filed its quarterly compliance certificate with BSE Limited for the quarter ended March 31, 2026, fulfilling regulatory requirements under SEBI Depositories and Participants Regulations. The submission demonstrates the company's commitment to maintaining transparency and regulatory compliance in its securities operations.

Regulatory Compliance Filing

The company submitted the confirmation certificate on April 11, 2026, addressing compliance with Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. Managing Director Shaileshbhai Ratibhai Pipaliya signed the filing, which was directed to BSE Limited's management at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai.

Registrar Confirmation Certificate

Maashitla Securities Private Limited, serving as the company's Registrar and Share Transfer Agent, issued the confirmation certificate dated April 10, 2026. The SEBI-registered Category-I RTA confirmed compliance with dematerialization procedures and regulatory timelines during the quarter. The certificate validates that all securities received for dematerialization were processed according to prescribed regulations and that proper verification procedures were followed.

Dematerialization Activity Summary

The quarterly report reveals no dematerialization activity during the period from January 1, 2026, to March 31, 2026. Both acceptance and rejection tables for securities certificates show zero transactions, indicating minimal dematerialization requests during Q4 FY26.

Regulatory Framework Adherence

The filing confirms adherence to SEBI's regulatory framework governing depositories and participants. Maashitla Securities verified that securities received for dematerialization were confirmed to depositories within prescribed timelines and that security certificates were cancelled after proper verification. The registrar also confirmed that depository names were substituted in the register of members as registered owners within the mandated 15-day period.

This quarterly compliance filing reinforces Riddhi Display Equipments' commitment to maintaining proper corporate governance standards and regulatory transparency in its securities operations.