Shanti Educational Initiatives Limited has filed its quarterly compliance certificate with BSE Limited, confirming adherence to SEBI depositories regulations for the quarter ended 31st March, 2026. The submission, made on April 06, 2026, demonstrates the company's commitment to maintaining regulatory compliance standards.

Regulatory Filing Details

The certificate was submitted pursuant to Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. Director Darshan Vayeda signed the submission on behalf of the company, with the document bearing his digital signature dated April 06, 2026.

Registrar Confirmation

MUFG Intime India Pvt. Ltd (formerly Link Intime India Private Limited) served as the Registrar and Share Transfer Agent for the quarter. The RTA provided comprehensive confirmation regarding dematerialisation processes and compliance procedures. Ashok Shetty, Sr. Vice President-Corporate Registry at MUFG Intime India, signed the confirmation certificate on April 01, 2026.

The registrar confirmed that all securities received from depository participants for dematerialisation during the quarter were properly processed within prescribed timelines. The confirmation also verified that security certificates received for dematerialisation were appropriately mutilated and cancelled after due verification by the depository participant.

Compliance Confirmation

The filing confirms several key compliance aspects for the quarter:

• Securities received for dematerialisation were confirmed to depositories within prescribed timelines
• All security certificates comprised in dematerialisation requests have been listed on relevant stock exchanges
• The name of depositories has been substituted in the register of members as registered owners
• Proper verification and cancellation procedures were followed for physical certificates

This quarterly submission reinforces Shanti Educational Initiatives Limited's adherence to SEBI's depositories regulations and maintains transparency in its share transfer and dematerialisation processes.

Shanti Educational Initiatives Limited has successfully concluded its postal ballot voting process on April 04, 2026, with shareholders approving both special resolutions through remote e-voting with the requisite majority. The company communicated the voting outcomes to BSE Limited on April 06, 2026, fulfilling its regulatory obligations under SEBI Listing Regulations.

Postal Ballot Process and Timeline

The Board of Directors approved the postal ballot notice on March 02, 2026, covering two key resolutions for shareholder consideration. The company set February 27, 2026 as the cut-off date for determining eligible shareholders, with a total of 6,505 shareholders on record.

The company engaged MUFG Intime India Pvt Ltd for providing e-voting facility and technical services. Mr. Jatin Kapadia of K Jatin & Co., Practicing Company Secretaries, was appointed as the scrutinizer to conduct the e-voting process in a fair and transparent manner.

Resolution 1: Object Clause Amendment

The first special resolution involved changes to the Object Clause of the Memorandum of Association, specifically adding clause 3(b)(66) to enable the company to enter into schemes of arrangement including amalgamation, de-merger, or other compromise arrangements subject to Sections 230 to 234 of the Companies Act, 2013.

Resolution 2: Independent Director Re-appointment

The second special resolution concerned the re-appointment of Shri Susanta Kumar Panda (DIN: 07917003) as an Independent Director for a second term of 5 years, effective from May 26, 2026 to May 25, 2031.

Shareholder Participation Analysis

The voting pattern showed strong support from both promoter and public categories. For Resolution 1, the Promoter and Promoter Group contributed 72,508,196 votes (90.28% of their holdings), while Public-Non Institutions contributed 212,322 votes (0.45% of their holdings). Public-Institutions did not participate in voting for the first resolution.

For Resolution 2, participation was significantly higher with enhanced voting from all categories:

Regulatory Compliance and Documentation

The company fulfilled all regulatory requirements by publishing public advertisements in Financial Express (English and Gujarati) on March 06, 2026. The postal ballot notice was sent electronically to eligible shareholders whose email addresses were registered with the company or depositories.

Darshan Vayeda, Whole-time Director (DIN: 07788073), signed the regulatory filing submitted to BSE Limited. The scrutinizer's report and voting results have been made available on the company's website, ensuring transparency and accessibility for all stakeholders. Both resolutions were passed with unanimous approval, demonstrating strong shareholder confidence in the proposed corporate actions.