Sonal mercantile Limited has submitted its quarterly compliance certificate to BSE Limited, confirming adherence to SEBI (Depositories and Participants) Regulations, 2018 for the quarter and year ended March 31, 2026. The submission, dated April 11, 2026, demonstrates the company's commitment to regulatory compliance in share dematerialization processes.

Regulatory Compliance Framework

The certificate was filed under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. This regulation mandates specific compliance requirements for companies regarding the dematerialization of physical share certificates and maintenance of proper records.

RTA Certification Process

Skyline Financial Services Private Limited, serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate. The RTA holds SEBI registration number INR000003241 under Category RTA, authorizing it to provide registrar and share transfer services.

The certification confirms two critical compliance aspects:

• Securities comprised in dematerialized certificates have been listed on the stock exchange where earlier issued securities are listed
• Physical certificates were properly mutilated and cancelled after verification, with the depository name substituted in records as registered owner within the mandated 15-day period

Corporate Governance Standards

The filing was executed by Company Secretary Akshay Khare from the company's New Delhi office, with proper digital signatures and corporate seals affixed to ensure document authenticity. Skyline Financial Services' authorized signatory Parveen Sharma validated the compliance certificate on April 01, 2026.

Operational Details

Sonal Mercantile Limited operates from its registered office at 365, III Floor, Vardhman Plaza Sector-3, Rohini New Delhi 110085. The company maintains its share transfer operations through Skyline Financial Services, ensuring proper handling of dematerialization requests and compliance with depositories regulations.

This quarterly filing represents standard regulatory practice, demonstrating the company's ongoing commitment to maintaining transparent share transfer processes and adhering to SEBI's depositories framework for investor protection.

Sonal mercantile Limited has announced the appointment of Mrs. Nishu as Internal Auditor for the financial year 2026-27, following a board meeting held on April 7, 2026. The appointment was made in compliance with Section 138 of the Companies Act, 2013, and represents a key governance appointment for the company.

Board Meeting Details

The board of directors convened at the company's registered office on April 7, 2026, to conduct various business matters. The meeting commenced at 5:00 p.m. and concluded at 5:30 p.m., during which the directors approved the internal auditor appointment along with other routine business items.

Appointment Details

Mrs. Nishu has been appointed as Internal Auditor with a term of one year, covering the financial year 2026-2027. The appointment follows regulatory requirements under the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Professional Background

According to the company's disclosure, Mrs. Nishu brings valuable expertise to her new role. She holds a Bachelor's degree and possesses extensive knowledge in finance, accounting, and human resources. This diverse skill set positions her well to fulfill the internal audit responsibilities effectively.

Regulatory Compliance

The appointment disclosure was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also made the information available on its official website at www.sonalmercantile.in , ensuring transparency and adherence to regulatory requirements. The disclosure follows SEBI circular requirements including SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, and subsequent master circulars.

Sonal Mercantile Limited, incorporated in 1985 and listed on BSE with scrip code 538943, continues to strengthen its governance framework through such strategic appointments. The company's registered office is located at 365, Vardhman Plaza, III Floor, Sector-3, Rohini, New Delhi.