Sharda Cropchem Limited has submitted a regulatory compliance disclosure to stock exchanges, confirming that no shares held by its promoter group are subject to any encumbrance. The filing, dated April 2, 2026, addresses mandatory requirements under SEBI takeover regulations for the financial year ended March 31, 2026.

Promoter Declaration Details

Ramprakash V. Bubna, a promoter of Sharda Cropchem Limited, made the declaration on behalf of the entire promoter group. The disclosure specifically states that none of the company shares held by promoters and promoter group members are encumbered, either directly or indirectly, and confirms that no encumbrance was created during the financial year ended March 31, 2026.

Promoter Group Composition

The declaration covers six members of the promoter and promoter group:

Regulatory Compliance Framework

The disclosure fulfills obligations under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. This regulation requires promoters to declare any encumbrance on their shareholdings, ensuring transparency in ownership structures for listed companies. The filing was submitted to National Stock Exchange of India Ltd. at Exchange Plaza, Bandra Kurla Complex, Mumbai, where Sharda Cropchem shares are traded under the scrip code SHARDACROP/EQ.

Corporate Governance Significance

Such regulatory disclosures form part of standard corporate governance practices for listed companies in India. The confirmation of no encumbrance on promoter holdings provides clarity to investors regarding the ownership structure and potential claims on promoter shares. The formal letter, signed by Ramprakash V. Bubna from his Mumbai address at Pleasant Park, Bandra West, demonstrates the company's commitment to maintaining transparent communication with regulatory authorities and stakeholders.

Sharda Cropchem Limited has submitted its quarterly compliance certificate under SEBI Regulation 74(5) for the quarter ended March 31, 2026. The certificate confirms the company's adherence to regulatory requirements regarding securities dematerialization and rematerialization processes.

Regulatory Compliance Documentation

The company filed the certificate with stock exchanges on April 3, 2026, as required under the SEBI (Depositories and Participants) Regulations 2018. The documentation was submitted to both the National Stock Exchange of India Limited and BSE Limited, where Sharda Cropchem's shares are listed.

Registrar and Transfer Agent Certification

KFin Technologies Limited, serving as the company's registrar and share transfer agent, issued the compliance certificate dated April 1, 2026. The certificate was signed by Praveen Chaturvedi, Senior Vice President at KFin Technologies Limited.

The registrar confirmed that all details of securities dematerialized and rematerialized during the quarter ended March 31, 2026, have been properly furnished to stock exchanges where the company's shares are listed. This certification ensures compliance with SEBI's regulatory framework for depository services.

Depository Services Compliance

Separate certificates were issued to both major depositories in India:

• National Securities Depository Limited (NSDL): Certificate reference KFIN/SCCL/NSDL/74(5) E/1
• Central Depository Services (India) Limited (CDSL): Certificate reference KFIN/SCCL/CDSL/74(5) E/1

Both certificates were dated April 1, 2026, and confirm that the required details under Regulation 74(5) have been furnished to all relevant stock exchanges.

Company Information

Sharda Cropchem Limited operates from its registered office at Prime Business Park, Dashrathlal Joshi Road, Vile Parle (West), Mumbai. The company secretary and compliance officer, Jetkin Gudhka, signed the submission letter to the stock exchanges, ensuring proper documentation and regulatory compliance.

The quarterly filing demonstrates the company's commitment to maintaining transparency and adhering to SEBI's regulatory requirements for listed entities regarding share transfer and depository services.