Simran Farms Limited has filed its quarterly demat confirmation certificate with BSE for the quarter ended March 31, 2026, fulfilling regulatory requirements under SEBI (Depository and Participants) Regulations 2018. The submission was made on April 7, 2026, through the company's compliance officer CS Tanu Parmar.

Regulatory Compliance Filing

The certificate was submitted pursuant to Regulation 74(5) of SEBI (Depository and Participants) Regulations 2018, which mandates quarterly reporting of dematerialization activities. The document confirms that all securities received from depository participants during the quarter were properly processed and verified.

Registrar Confirmation

Ankit Consultancy Private Limited, serving as the company's Registrar and Share Transfer Agent, issued the confirmation certificate on April 7, 2026. The registrar confirmed that securities received for dematerialization during the quarter were appropriately accepted or rejected and communicated to depositories within prescribed timelines.

Process Verification

The registrar confirmed that all security certificates received for dematerialization were properly mutilated and cancelled after verification by depository participants. Additionally, the names of depositories were substituted in the register of members as registered owners within the mandated 15-day period.

The filing ensures that Simran Farms Limited maintains compliance with SEBI regulations governing depository operations and participant activities, demonstrating adherence to prescribed procedures for securities dematerialization and record maintenance.

Simran Farms promoters and promoter group have successfully increased their collective shareholding in the company through the conversion of warrants into equity shares. The transaction, completed on March 30, 2026, resulted in the promoter group's stake rising from 37.32% to 42.27%.

Warrant Conversion Details

The Board of Directors of Simran Farms allotted 6,18,300 fully paid-up equity shares of Rs 10 each to the promoter and promoter group upon conversion of an equivalent number of warrants. The conversion was executed following the payment of the remaining consideration amount.

Shareholding Changes

The warrant conversion significantly altered the company's shareholding structure and increased the promoter group's control over the company.

Key Promoter Holdings

Among the promoter group members, several individuals received significant share allotments through the warrant conversion process:

• Harpal Singh Bhatia: Received 1,53,385 shares, increasing holding to 1,75,385 shares (3.65%)
• Dilraj Singh Bhatia: Allocated 78,636 shares, raising stake to 88,236 shares (1.83%)
• Kawaljeet Singh Bhatia: Converted 77,132 warrants, boosting holding to 1,61,532 shares (3.36%)
• Gurmeet Singh Bhatia: Received 60,183 shares, increasing stake to 1,25,283 shares (2.60%)
• Amarjeet Singh Bhatia: Allotted 60,500 shares, raising holding to 68,600 shares (1.43%)

Regulatory Compliance

Harender Singh Bhatia, acting on behalf of the promoters and promoter group, filed the mandatory disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 on April 6, 2026. The disclosure was submitted to BSE Limited, where Simran Farms shares are listed under scrip code 519566.

The conversion process involved the exercise of options by allottees for 10,18,300 warrants in total, with the remaining 75% balance amount deposited in a separate bank account. Following this conversion, no warrants remain outstanding for future conversion, indicating the complete utilization of the preferential issue warrants.