Sarthak Industries Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The certificate covers the quarter ended March 31, 2026, and demonstrates the company's adherence to dematerialization compliance standards.

Regulatory Compliance Details

The certificate was filed under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. This regulation mandates that companies provide quarterly certificates confirming proper handling of securities during the dematerialization process.

Certificate Confirmation

Sarthak Global Limited, serving as the company's registrar and share transfer agent, issued the compliance certificate on April 3, 2026. The certificate confirms that all securities received for dematerialization during the quarter were handled in accordance with regulatory requirements.

Key compliance confirmations include:

• Securities received for dematerialization were mutilated and cancelled after due verification
• The depository's name was substituted in records as the registered owner within stipulated time
• Dematerialized certificates are listed on stock exchanges where the original securities were listed

Corporate Information

The filing was signed by Riya Bhandari (Jain), Company Secretary & Compliance Officer of Sarthak Industries Limited. The company maintains its registered office at Room No. 4, Anna Bhuvan, 3rd Floor, 87C Devji Ratansi Marg, Dana Bunder, Mumbai, Maharashtra 400009.

Registrar Details

Sarthak Global Limited, the company's share transfer agent, operates as a Category II Share Transfer Agent. The registrar is located at 170/10, R.N.T. Marg, Film Colony, Indore - 452001 (M.P.) and holds CIN: L99999MH1985PLC136835.

Sarthak Industries Limited has disclosed a significant shareholding change involving promoter Manish Shahra's acquisition of additional equity shares through an off-market transfer. The transaction represents a strategic increase in promoter holding following a corporate restructuring event.

Transaction Details

The acquisition involved the following key parameters:

Shareholding Pattern Changes

The transaction has resulted in a notable change in Manish Shahra's shareholding pattern in the company:

Seller's Shareholding Impact

The disclosure reveals the impact on Suresh Chandra Shahra HUF's holdings following the dissolution:

Company Capital Structure

Sarthak Industries Limited maintains a stable capital structure with the following composition:

Regulatory Compliance

The disclosure has been made in strict compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Manish Shahra, being a promoter of the company, has fulfilled all regulatory requirements for the transaction. The acquisition was executed through an off-market transfer mechanism, specifically arising from the dissolution of Suresh Chandra Shahra HUF.

Corporate Structure Impact

The transaction represents an internal restructuring within the promoter group rather than an external acquisition. The dissolution of Suresh Chandra Shahra HUF and subsequent transfer of shares to Manish Shahra indicates a consolidation of promoter holdings. This restructuring maintains the overall promoter group's commitment to the company while streamlining the ownership structure. The remaining shares from the dissolved HUF are under process of transfer as per the regulatory disclosure.