Shashank traders Limited has fulfilled its quarterly regulatory obligations by submitting the mandatory compliance certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The submission was made to BSE Limited on April 15, 2026, demonstrating the company's commitment to regulatory compliance.

Regulatory Submission Details

The compliance certificate was formally submitted by Managing Director Praveen Jaswant Rai Jain to the Listing Department of BSE Limited. The submission included the required certificate from the company's Registrar and Share Transfer Agent, MAS Services Limited, confirming adherence to SEBI's dematerialization regulations.

RTA Compliance Confirmation

MAS Services Limited, serving as the Registrar and Share Transfer Agent, issued the compliance certificate on April 02, 2026. The certificate confirms that all securities received from Depository Participants for dematerialization during the specified quarter were processed in accordance with regulatory timelines.

Key Compliance Confirmations

The RTA certificate validates several critical compliance aspects:

• All securities received for dematerialization were confirmed within 15 days of receipt
• Security certificates were properly mutilated and cancelled after verification
• Depository names were substituted in the register of members within the mandated timeframe
• Updates were communicated to depositories and stock exchanges within 15 days
• Register of members was appropriately updated

Regulatory Framework

Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 mandates quarterly compliance reporting by listed companies. This regulation ensures transparency in the dematerialization process and maintains investor confidence in the securities market infrastructure.

The submission reflects Shashank Traders Limited's adherence to SEBI's regulatory framework and its commitment to maintaining proper records and timely compliance with depositories and participants regulations.

AVB Endeavors Pvt. Ltd. has announced the acquisition of 64,000 equity shares in Shashank Traders Limited through an off-market transaction completed on April 13, 2026. The acquisition has been disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Acquisition Details

The transaction represents a strategic increase in AVB Endeavors' stake in Shashank Traders Limited. The acquired shares constitute 2.07% of the total share capital of the target company.

Shareholding Pattern Changes

The acquisition has resulted in a significant change in AVB Endeavors' shareholding pattern in Shashank Traders Limited. The company's total stake has increased from 10.34% to 12.41%.

Company Information

Shashank Traders Limited (CIN: L52110DL1985PLC021076) maintains its equity share capital at Rs. 3,09,38,000, comprising 30,93,800 equity shares of Rs. 10 each. The company's shares are listed on BSE Limited (Scrip Code: 540221) and The Calcutta Stock Exchange Limited (Scrip Code: 30005).

AVB Endeavors Pvt. Ltd., incorporated in 2023 with CIN U46599WB2023PTC265556, is based in Kolkata and operates from Cosmic Tower on Monohar Pukur Road. The company has confirmed that it does not belong to the promoter or promoter group of Shashank Traders Limited.

Regulatory Compliance

The acquisition disclosure has been filed with the listing departments of both stock exchanges where Shashank Traders' shares are traded. The company has also informed Shashank Traders Limited's compliance officer about the transaction, ensuring full regulatory compliance under SEBI takeover regulations.