Shikhar Leasing & Trading Claims Exemption from Annual Secretarial Compliance Report for FY26

1 min read     Updated on 16 Apr 2026, 10:04 AM
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Shikhar Leasing & Trading Limited has claimed exemption from submitting the Annual Secretarial Compliance Report for FY26 under SEBI Regulation 15(2). With paid-up capital of Rs. 1.28 crore and net worth of Rs. 7.32 crore as on March 31, 2025, the company falls below the prescribed thresholds of Rs. 10 crore and Rs. 25 crore respectively. The exemption covers both corporate governance provisions and the Annual Secretarial Compliance Report requirement under Regulation 24A.

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Shikhar Leasing & Trading Limited has notified BSE Limited about its non-applicability for submitting the Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The company has claimed exemption under specific SEBI regulations based on its financial parameters.

Regulatory Exemption Details

The company is claiming exemption under Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation states that corporate governance provisions shall not apply to listed entities having paid-up equity share capital not exceeding Rs. 10 crore and net worth not exceeding Rs. 25 crore, as on the last day of the previous financial year.

Financial Position

Based on the audited financial statements as on March 31, 2025, the company has provided the following financial details:

Parameter Amount
Issued and Paid-Up Capital Rs. 1,27,72,600
Net Worth Rs. 7,32,23,239

Compliance Report Exemption

The Annual Secretarial Compliance Report under Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2018, read with BSE Circular dated May 9, 2019, is not applicable to the company due to its exemption status.

Official Communication

The notification was signed by Vidhi Deep Shah, Company Secretary & Compliance Officer, and submitted to BSE Limited on April 16, 2026. The company has requested BSE to take this exemption claim on record for the financial year ended March 31, 2026.

Given that both the paid-up capital and net worth fall well below the prescribed thresholds of Rs. 10 crore and Rs. 25 crore respectively, the company qualifies for exemption from corporate governance provisions and consequently from the Annual Secretarial Compliance Report submission requirement.

Historical Stock Returns for Shikhar Leasing & Trading

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Will Shikhar Leasing continue to qualify for SEBI exemptions if its business expansion plans increase its paid-up capital or net worth beyond the prescribed thresholds?

How might the company's exemption from corporate governance provisions affect investor confidence and institutional investment interest?

What strategic advantages or disadvantages does maintaining a smaller capital structure provide for Shikhar Leasing's competitive positioning?

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Shikhar Leasing and Trading Limited Submits SEBI Compliance Certificate for Quarter Ended March 2026

1 min read     Updated on 09 Apr 2026, 04:15 AM
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Shikhar Leasing and Trading Limited filed its quarterly compliance certificate under SEBI Regulation 74(5) for the quarter ended March 31, 2026, with BSE Limited on April 8, 2026. The certificate, prepared by registrar Purva Sharegistry (India) Pvt. Ltd., confirms no dematerialisation activity occurred during the January-March 2026 period. Company Secretary Vidhi Deep Shah submitted the documentation, demonstrating the company's adherence to regulatory requirements for depositories and participants under SEBI guidelines.

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Shikhar Leasing & Trading Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The certificate covers the quarter ended March 31, 2026, and was filed on April 8, 2026.

Regulatory Compliance Filing

The company filed the mandatory certificate pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. Company Secretary and Compliance Officer Vidhi Deep Shah signed and submitted the documentation to BSE Limited's Corporate Relationship Department.

Filing Details: Information
Reporting Period: January 1, 2026 to March 31, 2026
Filing Date: April 8, 2026
Scrip Code: 507952
ISIN: INE02BV01019
Compliance Officer: Vidhi Deep Shah

Registrar and Transfer Agent Confirmation

Purva Sharegistry (India) Pvt. Ltd., serving as the company's registrar and share transfer agent, provided the compliance certificate dated April 1, 2026. The SEBI-registered entity (Registration No. INR000001112) confirmed compliance with dematerialisation procedures and timelines as per regulatory requirements.

Ms. Deepali Gaonkar, Compliance Officer at Purva Sharegistry, certified that all security certificates received for dematerialisation during the quarter were processed within prescribed timelines and that proper verification procedures were followed.

Dematerialisation Activity

The quarter showed no dematerialisation activity, as confirmed in the detailed record provided by the registrar. The dematerialisation report indicates nil activity across all parameters:

Dematerialisation Summary: Q4 FY26
Folio Numbers: NIL
Shareholder Names: NIL
Certificate Numbers: NIL
Share Certificates: NIL
Total Shares Dematerialised: NIL

Company Information

Shikhar Leasing and Trading Limited operates from its registered office at Peninsula Business Park, Lower Parel (West), Mumbai. The company, incorporated in 1984 with CIN L51900MH1984PLC034709, maintains its listing on BSE Limited under scrip code 507952.

The filing demonstrates the company's adherence to SEBI's regulatory framework for depositories and participants, ensuring transparency in share transfer and dematerialisation processes. The quarterly certification process helps maintain investor confidence and regulatory compliance in the securities market.

Historical Stock Returns for Shikhar Leasing & Trading

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What factors might be contributing to the complete absence of dematerialisation activity for Shikhar Leasing & Trading, and could this indicate declining investor interest?

How might the company's business performance in FY26 compare to previous years given the lack of share trading activity during Q4?

Will Shikhar Leasing & Trading consider any corporate actions or strategic initiatives to increase liquidity and investor participation in its shares?

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