Shreeshay engineers Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The filing was made to BSE Limited on April 13, 2026, demonstrating the company's adherence to regulatory requirements.

Regulatory Compliance Status

The certificate was issued by Bigshare Services Private Limited, the company's registrar and share transfer agent, on April 07, 2026. The document confirms that Regulation 74(5) is not applicable to Shreeshay Engineers Limited during the reporting quarter.

Share Holding Structure

The non-applicability of the regulation stems from the company's complete digital shareholding structure. According to the certificate, the entire holding of Shreeshay Engineers Limited's shares remains in demat form, indicating full digitisation of the company's equity structure.

During the quarter ended March 31, 2026, the registrar confirmed that no requests were received from shareholders for either rematerialisation or dematerialisation of shares. This absence of conversion requests contributed to the regulation's non-applicability status.

Corporate Governance

The filing was signed by Jayesh Merchant, Company Secretary and Compliance Officer of Shreeshay Engineers Limited. The submission demonstrates the company's commitment to maintaining transparency and regulatory compliance with SEBI requirements.

The certificate serves as confirmation that the company's shareholding structure remained stable throughout Q4FY26, with all equity shares continuing to exist in electronic format without any physical certificate requests from investors.

Board Approves Main Board Migration

Shreeshay Engineers ' Board of Directors has approved plans to migrate from BSE's SME platform to the main boards of both BSE and NSE. This decision, subject to shareholder and regulatory approvals, reflects the company's growth trajectory and could potentially increase its visibility and liquidity in the market.

Leadership Continuity

The Board has re-appointed Mr. Jignesh Thobhani as the company's Managing Director for a three-year term, effective from December 28, 2025, to December 27, 2028. This appointment is subject to shareholder approval at the upcoming Annual General Meeting (AGM).

Mr. Thobhani, who holds a Diploma in Pharmacy, brings over 27 years of experience in equities, commodities, and real estate investment to his role. His continued leadership is expected to provide stability and strategic direction to the company.

Corporate Governance Measures

In line with regulatory requirements and best practices in corporate governance, Shreeshay Engineers has taken several key steps:

1. Secretarial Auditor Appointment: The company has appointed M/s Ferrao MSR & Associates, a practicing company secretary firm based in Mumbai (COP No. 5676), as its Secretarial Auditor for the financial years 2025-2026 and 2026-2027.

2. AGM Preparations: The 30th Annual General Meeting has been scheduled, with M/s. M Rupareliya & Associates appointed as the scrutinizer for the meeting.

3. Compliance Reporting: The Board has approved the draft Board Report, Management Discussion and Analysis Report, and other necessary documents for the financial year 2024-2025.

Looking Ahead

These developments, particularly the planned migration to the main boards of BSE and NSE, indicate Shreeshay Engineers' aspirations for growth and increased market presence. The re-appointment of Mr. Thobhani suggests a focus on leadership continuity during this potential transition phase.

Investors and market observers will likely watch closely for the outcomes of the shareholder approvals and regulatory processes required for these corporate actions, especially the proposed migration to the main boards.