Sarvottam Finvest Limited Completes Dematerialisation Process for Q4FY26

1 min read     Updated on 14 Apr 2026, 08:24 PM
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AI Summary

Sarvottam Finvest Limited successfully completed its dematerialisation process for Q4FY26, covering the period from 01.01.2026 to 31.03.2026. The company's registrar ABS Consultant Pvt. Ltd. confirmed full compliance with SEBI regulations, proper processing of all dematerialisation requests, and timely submission of certificates to depositories NSDL and CDSL as well as stock exchanges BSE and The Calcutta Stock Exchange.

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Sarvottam Finvest Limited has successfully completed its dematerialisation process for the quarter ended 31st March, 2026, ensuring full compliance with regulatory requirements. The Kolkata-based financial services company submitted the mandatory certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 to all relevant regulatory bodies and stock exchanges.

Regulatory Compliance and Documentation

The company's registrar and transfer agent, ABS Consultant Pvt. Ltd., provided comprehensive certification confirming that all dematerialisation requests received during the specified period were processed according to regulatory standards. The certification covers the period from 01.01.2026 to 31.03.2026, demonstrating the company's commitment to maintaining proper shareholder records and regulatory compliance.

Parameter Details
Reporting Period 01.01.2026 to 31.03.2026
Quarter End 31st March, 2026
Registrar ABS Consultant Pvt. Ltd.
Regulation SEBI (Depositories and Participants) Regulations, 2018

Stakeholder Communication

Sarvottam Finvest Limited submitted the certification to multiple regulatory and market infrastructure institutions to ensure comprehensive compliance. The documentation was forwarded to National Securities Depository Ltd. (NSDL) and Central Depository Services (India) Limited (CDSL), the two primary depositories in India.

Stock Exchange Notifications:

  • BSE Limited (Scrip Code: 539124)
  • The Calcutta Stock Exchange Ltd. (Scrip Code: 10012144)

Process Verification and Compliance

ABS Consultant Pvt. Ltd., operating as a SEBI authorised Category-1 registrar and share transfer agent with NSDL and CDSL connectivity, confirmed several key compliance aspects. The registrar verified that all securities received for dematerialisation were properly mutilated and cancelled within the stipulated timeframe after due verification. Additionally, the depository's name was appropriately substituted in the company's records as the registered owner.

Corporate Information

Sarvottam Finvest Limited operates from its registered office at 3, Bentinck Street, 2nd Floor, Kolkata-700 001. The company, incorporated in 1978 with CIN L65993WB1978PLC031793, maintains its corporate website at www.sarvottamfinvest.in . Company Secretary Priyanka Mundhara signed the certification on behalf of the company on 14.04.2026, ensuring proper corporate governance and regulatory compliance for the dematerialisation process.

Historical Stock Returns for Survottam Finvest

1 Day5 Days1 Month6 Months1 Year5 Years
+4.62%+3.03%-8.25%-15.44%-12.74%-45.55%

How might Sarvottam Finvest's consistent regulatory compliance impact its eligibility for inclusion in major stock indices or institutional investment portfolios?

What strategic initiatives could the company pursue to leverage its strong compliance track record for business expansion in the competitive financial services sector?

Will the increasing digitization of securities processing lead to cost savings that could improve Sarvottam Finvest's operational margins in upcoming quarters?

Sarvottam Finvest Limited Announces CFO Transition: Suraj Bhowmick Resigns, Ankit Somaani Appointed

1 min read     Updated on 10 Feb 2026, 11:47 PM
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AI Summary

Sarvottam Finvest Limited announced a CFO transition effective February 10, 2026, with Suraj Bhowmick resigning due to personal reasons and Ankit Somaani being appointed as the new Chief Financial Officer. The board meeting addressed both changes simultaneously, ensuring seamless continuity in the finance leadership role. The company has completed all regulatory disclosures as required under SEBI regulations.

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Sarvottam Finvest Limited has announced significant changes to its senior management team, with the resignation of its Chief Financial Officer and the immediate appointment of a replacement, both effective February 10, 2026.

CFO Resignation Details

The company's Board of Directors accepted the resignation of Mr. Suraj Bhowmick from his position as Chief Financial Officer and Key Managerial Personnel during a board meeting held on February 10, 2026. Mr. Bhowmick cited personal reasons for his departure and confirmed that no other material reasons contributed to his decision to resign.

Parameter: Details
Outgoing CFO: Mr. Suraj Bhowmick
Reason for Departure: Personal reasons
Effective Date: February 10, 2026
Additional Confirmation: No other material reasons for resignation

New CFO Appointment

Based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors approved the appointment of Mr. Ankit Somaani as the new Chief Financial Officer, effective from the same date as Mr. Bhowmick's departure.

Parameter: Details
New CFO: Mr. Ankit Somaani
Appointment Date: February 10, 2026
Educational Qualification: B.Com, Intermediate of ICAI
Professional Experience: 8 years in Accounts and Finance
Contact Location: Kolkata

Mr. Somaani brings substantial experience to the role, having worked for 8 years in accounts and finance. His educational background includes a Bachelor of Commerce degree and an Intermediate qualification from the Institute of Chartered Accountants of India (ICAI).

Board Meeting Proceedings

The Board of Directors convened on Tuesday, February 10, 2026, to address both the resignation and appointment. The meeting commenced at 17:00 pm and concluded at 17:45 pm, during which directors formally noted and accepted Mr. Bhowmick's resignation while simultaneously approving Mr. Somaani's appointment.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. All required details have been submitted to The Calcutta Stock Exchange Limited and BSE Limited, with comprehensive annexures providing complete information about both the outgoing and incoming CFO as mandated by SEBI regulations.

Historical Stock Returns for Survottam Finvest

1 Day5 Days1 Month6 Months1 Year5 Years
+4.62%+3.03%-8.25%-15.44%-12.74%-45.55%

More News on Survottam Finvest

1 Year Returns:-12.74%