Rikhav Securities Limited has filed its quarterly compliance certificate with BSE Limited under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The certificate was submitted on April 06, 2026, and signed by Hitesh Himatlal Lakhani, Managing Director of Rikhav Securities Limited. The filing pertains to the company's equity shares and includes the necessary regulatory confirmations for the quarter ended March 31, 2026.

RTA Confirmation Certificate

The submission includes a confirmation certificate from MUFG Intime India Private Limited (formerly Link Intime India Private Limited), the company's registrar and transfer agent. The RTA certificate, dated April 01, 2026, was signed by Ashok Shetty, Sr. Vice President-Corporate Registry.

MUFG Intime India confirmed that securities received from depository participants for dematerialisation during the quarter ended March 31, 2026 were properly processed. The RTA verified that all security certificates received for dematerialisation were confirmed or rejected within prescribed timelines, and that certificates were mutilated and cancelled after due verification by the depository participant.

Company Information

Rikhav Securities Limited operates as a financial services company with memberships in BSE, NSE, and ICEX, along with depository participant services through CDSL. The company maintains its registered office at P.J. Towers, Dalal Street, Mumbai, and corporate office in Mulund West, Mumbai.

The quarterly compliance certificate filing demonstrates the company's adherence to SEBI regulatory requirements for depositories and participants, ensuring proper governance and operational compliance in its role as a market participant.

Rikhav Securities Limited has submitted a revised regulatory disclosure to BSE following observations regarding discrepancies in their earlier share encumbrance filing. The company addressed concerns raised by the exchange about missing information and format compliance under SEBI regulations.

Regulatory Compliance Issues Addressed

BSE had identified two key discrepancies in the company's original disclosure dated February 27, 2026:

• Missing reasons for share encumbrance (creation, release, or invocation of pledge)
• Incorrect disclosure format not complying with SEBI (SAST) Regulations 2011 as per the revised circular effective August 05, 2015

The revised submission, filed on March 26, 2026, rectifies these issues and supersedes the earlier filing.

Share Encumbrance Details

The disclosure reveals share pledging activities by promoters and promoter group entities with NU Investors Technologies Pvt Ltd for margin trading purposes. All encumbrances were created on February 23, 2026.

Encumbrance Summary

The total pledged shares amount to 37,24,288 shares, representing 9.73% of the company's total share capital. All pledges were created as collateral for margin trading activities with NU Investors Technologies Pvt Ltd. Prior to this encumbrance event, none of the promoter entities had any existing pledged holdings.

Regulatory Framework

The disclosure complies with Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011. These regulations mandate promoters to disclose any encumbrance, invocation, or release of their shareholding in listed companies to ensure market transparency.

The revised filing was signed by Hitesh Himatlal Lakhani (DIN: 01457990) on behalf of all promoter and promoter group entities mentioned in the disclosure.