Shoppers Stop Limited has completed its regulatory compliance obligations by submitting the mandatory certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The submission was made on April 13, 2026, to both BSE Limited and National Stock Exchange of India Limited.

Regulatory Compliance Framework

The certificate filing is part of SEBI's regulatory framework that requires companies to maintain transparency in their depository transactions. Under Regulation 74(5), companies must ensure that details of securities dematerialized and rematerialized during each quarter are properly disclosed to relevant stock exchanges.

Registrar Certification Process

KFin Technologies Limited, serving as the Registrar to an Issue and Share Transfer Agent for Shoppers Stop Limited, issued the compliance certificates on April 2, 2026. The registrar certified that all required details of securities transactions during the quarter have been furnished to stock exchanges where the company's shares are listed.

The certification process involved submitting identical certificates to both Central Depository Services (India) Limited and National Securities Depository Limited, the two main depositories in India. Dnyanesh Gharote, Vice President at KFin Technologies Limited, signed the certificates confirming compliance with regulatory requirements.

Corporate Governance Adherence

Rakeshkumar Saini, Vice President – Legal, CS & Chief Compliance Officer of Shoppers Stop Limited, executed the filing on behalf of the company. This demonstrates the company's commitment to maintaining proper corporate governance standards and regulatory compliance.

This quarterly compliance filing ensures transparency in the company's depository transactions and maintains investor confidence through adherence to SEBI's regulatory framework for securities market operations.

Shoppers Stop Limited has announced key changes in its senior management following a board meeting held on February 10, 2026. The retail chain disclosed significant transitions in its Chief Financial Officer position, marking an important leadership change for the company.

CFO Resignation Details

The board noted the resignation of Karunakaran Mohanasundaram from his position as Chief Financial Officer, submitted through a resignation letter dated January 22, 2026. Mohanasundaram cited his decision to pursue alternate career opportunities outside the organization as the reason for his departure.

The Board of Directors placed on record their appreciation for the valuable contribution made by Mohanasundaram during his tenure as Chief Financial Officer. His resignation will be effective from close of business hours on February 17, 2026.

New CFO Appointment

The board has appointed Pankaj Chaturvedi as the new Chief Financial Officer and Key Managerial Personnel, effective April 1, 2026. The appointment was made based on recommendations from the Nomination, Remuneration and Corporate Governance Committee and received approval from the Audit Committee.

Professional Background

Chaturvedi brings substantial experience to his new role, with 25 years of cross-sectoral expertise in finance leadership. He holds qualifications as a Chartered Accountant and possesses a master's degree in commerce. His professional background spans multiple industries including Telecom, Aviation, and Media & Entertainment sectors.

His previous leadership positions include:

• Chief Financial Officer at Saregama India Limited
• Chief Financial Officer at Go Airlines India Ltd
• Key roles at Vodafone, Reliance Jio, and Hitachi

Board Meeting Information

The board meeting that formalized these appointments commenced at 3.40 p.m. and concluded at 3.50 p.m. on February 10, 2026. The company has made this information available on its corporate website and filed the necessary disclosures under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

The transition represents a planned leadership change as the company continues its operations in the retail sector, ensuring continuity in its financial management during the handover period between February and April 2026.