Rithwik Facility Management Services Receives Q4FY26 Compliance Certificate from Registrar

1 min read     Updated on 08 Apr 2026, 09:27 PM
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Rithwik Facility Management Services Limited has submitted a Q4FY26 compliance certificate to BSE confirming non-applicability of SEBI Regulation 74(5). The certificate from registrar Bigshare Services Private Limited, dated April 7, 2026, confirms that the entire shareholding remains in dematerialized form with no rematerialization or dematerialization requests received during the quarter ended March 31, 2026.

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Rithwik Facility Management Services Limited has filed a compliance certificate with the Bombay Stock Exchange regarding SEBI regulatory requirements for the quarter ended March 31, 2026. The submission demonstrates the company's adherence to depositories and participants regulations governing share transfer operations.

Regulatory Compliance Certificate Details

The company submitted a certificate dated April 7, 2026, received from Bigshare Services Private Limited, which serves as the company's Registrar and Share Transfer Agent. This certificate addresses compliance requirements under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018.

Parameter: Details
Certificate Date: April 7, 2026
Quarter Covered: Q4FY26 (ended March 31, 2026)
Registrar: Bigshare Services Private Limited
Regulation: SEBI Regulation 74(5) of 2018
Status: Non-applicable

Share Holding Pattern Confirmation

Bigshare Services confirmed that Regulation 74(5) is not applicable to Rithwik Facility Management Services as the entire holding of the company's shares remains in dematerialized form. The registrar specifically noted that no requests were received from company members for either rematerialization or dematerialization during the quarter ended March 31, 2026.

This confirmation indicates that all shareholders continue to hold their investments in electronic format through depositories, eliminating the need for physical share certificate handling processes that would trigger the regulatory requirements.

Corporate Communication

The filing was signed by S. Jayapandi, Company Secretary and Compliance Officer (Membership No. A21909), and submitted to BSE on April 8, 2026. The communication was addressed to the Secretary of the Listing Department at Bombay Stock Exchange Limited, referencing the company's scrip code 540843.

Bigshare Services Private Limited, the authorized registrar, operates from its registered office in Mumbai and provides comprehensive share transfer and registry services. The certificate was issued by Akash Shamal as the authorized signatory for the registrar.

Historical Stock Returns for Rithwik Facility Management Services

1 Day5 Days1 Month6 Months1 Year5 Years
-100.00%0.0%0.0%-100.00%-100.00%-100.00%

How might Rithwik's 100% dematerialized shareholding position it for potential institutional investor interest or index inclusion?

What impact could SEBI's evolving digital securities regulations have on facility management companies' operational costs?

Will Rithwik's compliance track record support any planned capital raising activities or expansion initiatives in FY27?

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Rithwik Facility Management Services Completes 100% Disinvestment from Rithwik Indus Power Private Limited

1 min read     Updated on 24 Mar 2026, 04:14 PM
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AI Summary

Rithwik Facility Management Services Limited completed its 100% disinvestment from Rithwik Indus Power Private Limited on March 23, 2026, for a total consideration of Rs.20.00 lakh. The transaction involved two buyers - Rishabh Infopark Private Limited and Hanudev Infopark Private Limited - each acquiring 5,000 shares. The disinvestment was completed within the expected six-month timeframe from the November 20, 2025 agreement date, with the subsidiary having contributed nil to the parent company's financial performance in the last financial year.

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Rithwik facility management services Limited has successfully completed its complete disinvestment from Rithwik Indus Power Private Limited, marking a significant corporate restructuring move. The company informed the Bombay Stock Exchange about this development through a regulatory filing under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Transaction Details

The disinvestment was completed on March 23, 2026, following an agreement that was originally entered into on November 20, 2025. The transaction was executed within the expected timeframe of six months from the date of the initial agreement.

Parameter Details
Completion Date March 23, 2026
Agreement Date November 20, 2025
Total Consideration Rs.20.00 lakh
Shares Sold 10,000 shares (100% stake)

Buyer Information

The disinvestment involved two buyers who acquired equal stakes in Rithwik Indus Power Private Limited:

Buyer Shares Acquired
Rishabh Infopark Private Limited 5,000 shares
Hanudev Infopark Private Limited 5,000 shares

The company has confirmed that neither of the buyers belongs to the promoter or promoter group companies, ensuring the transaction remains at arm's length.

Financial Impact

According to the regulatory disclosure, Rithwik Indus Power Private Limited contributed nil amount to the turnover, revenue, income, and net worth of Rithwik Facility Management Services Limited during the last financial year. This indicates that the subsidiary had minimal operational impact on the parent company's financial performance.

Regulatory Compliance

The transaction does not fall within the purview of related party transactions, as confirmed by the company in its filing. The disinvestment was completed in compliance with all applicable regulations and disclosure requirements under the SEBI LODR framework.

The filing was signed by S. Jayapandi, Company Secretary & Compliance Officer, ensuring proper corporate governance procedures were followed throughout the disinvestment process.

Historical Stock Returns for Rithwik Facility Management Services

1 Day5 Days1 Month6 Months1 Year5 Years
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What strategic initiatives will Rithwik Facility Management Services pursue with the Rs. 20 lakh proceeds from this disinvestment?

How might this disinvestment impact Rithwik's focus on its core facility management business and future expansion plans?

What are the growth prospects for Rishabh Infopark and Hanudev Infopark following their acquisition of the power company?

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