Shangar Decor Limited has fulfilled its regulatory compliance obligations by submitting the mandatory quarterly certificate under SEBI regulations for the quarter ended March 31, 2026. The submission was made to BSE Limited on April 7, 2026, as part of the company's ongoing regulatory requirements.

Regulatory Compliance Submission

The company submitted its confirmation certificate as required under Regulation 74(5) of the Securities and Exchange Board of India (Depository and Participant) Regulations, 2018. The certificate was issued by Purva Sharegistry (India) Private Limited, which serves as the company's Registrar and Share Transfer Agent.

Share Dematerialization Activity

The quarterly report reveals that no share dematerialization activity occurred during the period from January 1, 2026 to March 31, 2026. The dematerialization details table shows 'NIL' entries across all parameters, indicating zero transactions during this quarter.

RTA Confirmation

Purva Sharegistry (India) Private Limited, registered with SEBI (Registration Number: INR000001112), confirmed compliance with the regulatory requirements. The RTA's compliance officer, Ms. Deepali Gaonkar, certified that all securities received from depository participants for dematerialization during the quarter were properly processed within prescribed timelines.

Company Information

Shangar Decor Limited operates in the event decoration and exhibition sector, specializing in wedding decor, theme decor, exhibitions, and religious and corporate events. The company is incorporated under CIN L36998GJ1995PLC028139 and is based in Ahmedabad, Gujarat. The submission was signed by Managing Director Samirbhai Shah (DIN: 00787630).

Shangar decor Limited announced key board appointments following a meeting held on April 3, 2026. The company's board of directors unanimously approved the appointment of two new Additional Non-Executive Independent Directors, strengthening its governance structure as disclosed under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations 2015.

Board Meeting Details

The board meeting commenced at 5:25 PM and concluded at 6:00 PM on April 3, 2026, resulting in the following appointments:

Professional Background

Mr. Darshil Hemendrakumar Shah brings substantial expertise to the board as a fellow member of the Institute of Company Secretaries of India and law graduate. He possesses over 10 years of experience in corporate secretarial and legal functions. Currently working with AHA Solar Technologies Limited, he has previously served with GSEC group and Jupiter Corporate Services Limited.

Mr. Konark Patel is a practising Company Secretary specializing in corporate compliance, project finance, and matters related to government subsidies. Having previously served as a Company Secretary in a well-established organization, he possesses in-depth knowledge of legal and financial systems.

Regulatory Compliance

Both appointees meet all regulatory requirements for independent director positions. Neither Mr. Shah nor Mr. Patel is related to any existing directors of the company, ensuring independence as mandated by corporate governance norms. Additionally, both directors are not debarred from holding director positions by SEBI or any other regulatory authority.

Shareholder Approval Process

As per regulatory requirements under SEBI Listing Obligations and Disclosure Requirements Regulations 2015, Shangar Décor Limited will obtain shareholder approval for these appointments within a period of 3 months. The appointments are part of the company's ongoing efforts to strengthen its board composition and enhance corporate governance practices. The disclosure was made to the Bombay Stock Exchange Limited under the company's scrip code 540259.