Shining Tools Limited has submitted its quarterly compliance certificate to BSE Limited under regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The filing, dated April 2, 2026, was signed by Managing Director Vipulbhai Laljibhai Ghonia and demonstrates the company's commitment to regulatory compliance.

Quarterly Compliance Certificate Details

The certificate covers the period from January 1, 2026 to March 31, 2026 and was issued by M/s. Accurate Securities and Registry Private Limited, the company's appointed Registrar and Share Transfer Agent (RTA). This regulatory filing is mandatory under SEBI guidelines to ensure proper handling of dematerialisation processes.

Dematerialisation Process Compliance

Accurate Securities and Registry Private Limited confirmed that all securities received from depository participants for dematerialisation during the reporting quarter were processed within the stipulated time limits specified under SEBI regulations. The RTA verified that securities were either accepted or rejected on technical grounds as appropriate, following proper operational procedures.

The compliance certificate also confirms that all dematerialised securities have been properly listed on stock exchanges where the company's earlier issued securities are traded. Additionally, physical certificates received for dematerialisation were mutilated and cancelled after due verification, with depository names substituted in the security holder's list as registered owners within regulatory timeframes.

Company and RTA Information

Shining Tools Limited, an ISO 9001:2015 certified company with CIN L29220GJ2013PLC074803, operates from Survey No. 63/2, Plot No. 2, on Rajkot-Gondal Highway at Pipaliya, Gondal, Rajkot, Gujarat. The company's RTA, Accurate Securities and Registry Private Limited, holds SEBI registration number INR000004173 and operates from Ahmedabad with working hours from 11.30 AM to 5.00 PM on weekdays.

Regulatory Framework

This compliance filing aligns with SEBI's regulatory framework established through multiple circulars including SEBI Letter MRD/DOP2/OW/2019/2498/1 dated January 24, 2019, and corresponding NSDL and CDSL circulars from January 25, 2019. These regulations ensure investor protection and maintain transparency in the dematerialisation process for publicly listed companies.

Shining Tools Limited successfully conducted its Extra-Ordinary General Meeting (EGM) on March 10, 2026, through video conferencing, securing unanimous shareholder approval for three key director appointments. The meeting, chaired by Managing Director Mr. Vipulbhaji Laljibhai Ghonia, commenced at 11:30 a.m. IST and concluded at 11:42 a.m. IST, demonstrating efficient corporate governance practices.

Meeting Structure and Participation

The EGM was conducted entirely through video conferencing in compliance with Ministry of Corporate Affairs and SEBI circulars. The meeting accommodated up to 1,000 shareholders on a first-come, first-served basis, with seven members ultimately participating - two from the promoter group and five from the public category.

Director Appointments and Voting Results

The primary agenda focused on regularizing the appointments of three Additional Independent Directors to Non-Executive Independent Director positions. All resolutions were classified as special resolutions and received overwhelming support from shareholders.

Approved Appointments:

• Mr. Shaileshbhai Durlabhjibhai Sagpariya (DIN: 10068422)
• Mr. Jay Bharatbhaji Pansuria (DIN: 09344720)
• Mr. Akshar Jagdish Patel (DIN: 02908224)

Comprehensive Voting Analysis

The voting process combined remote e-voting and e-voting during the meeting, demonstrating strong shareholder confidence in the proposed appointments.

E-Voting Process and Timeline

The company implemented a comprehensive voting mechanism to ensure maximum shareholder participation. Remote e-voting commenced on March 7, 2026, at 09:00 a.m. IST and concluded on March 9, 2026, at 05:00 p.m. IST. Additionally, shareholders present during the meeting could cast votes through e-voting facilities available during and within 15 minutes after the meeting's conclusion.

Board Composition and Attendance

The meeting was attended by key board members including Mr. Kamalbhaji Laljibhai Ghonia (Whole Time Director) and the three Additional Independent Directors whose appointments were being regularized. Notably, Mr. Abhishek Dobaria Arvindbhai (Executive Director) and Mrs. Kiranben Vipulbhaji Ghonia (Non-Executive Non-Independent Director) were absent due to prior commitments. CA Vishvesh Shah, Partner of the company's Statutory Auditors, and Mr. Sachin Thakkar from M/s Sachin Thakkar and Associates, who served as Scrutinizer for the voting process, also participated in the meeting.

The unanimous approval of all three director appointments reflects strong shareholder confidence in the company's leadership expansion and governance structure. The 100% approval rate across all resolutions, with zero dissenting votes, underscores the shareholders' trust in the proposed independent directors' capabilities to contribute effectively to the company's strategic direction.