STEL Holdings Limited has submitted its quarterly compliance certificate to stock exchanges for the quarter ended March 31, 2026, in accordance with SEBI regulations governing depositories and participants.

Regulatory Compliance Filing

The company filed the mandatory certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 with both BSE Limited and National Stock Exchange of India Limited on April 6, 2026. The filing was signed by Company Secretary Sruthi Sindhu on behalf of STEL Holdings Limited.

Registrar Confirmation

MUFG Intime India Private Limited, serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate on April 3, 2026. The certificate was signed by Ashok Shetty, Senior Vice President-Corporate Registry.

The registrar confirmed that all securities received from depository participants for dematerialisation during Q4FY26 were properly processed according to regulatory requirements. This includes confirmation of acceptance or rejection of securities to depositories and ensuring all certificates were listed on appropriate stock exchanges.

Dematerialisation Process Compliance

The certificate validates several key compliance aspects:

• Securities received for dematerialisation were confirmed or rejected within prescribed timelines
• Physical security certificates were properly mutilated and cancelled after verification
• Depository names were substituted in the register of members as registered owners
• All processes followed SEBI guidelines for depository participants

Company Information

This quarterly filing demonstrates STEL Holdings Limited's commitment to maintaining regulatory compliance and transparency in its share transfer and dematerialisation processes, ensuring investor confidence in the company's adherence to SEBI guidelines.

STEL Holdings Limited has announced the acquisition of 3,50,000 fully paid-up equity shares of Saregama India Limited through market purchase on March 16, 2026. The transaction was disclosed under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Transaction Details

The acquisition represents a strategic investment by STEL Holdings, which is an unregistered Core Investment Company and member of the promoter group of Saregama India Limited. The company acquired the shares through market purchase orders placed on March 16, 2026, with contract notes confirming the purchase on the same date.

Related Party Transaction Status

The acquisition does not constitute a related party transaction as it was executed through market purchases on stock exchanges at prevailing market prices. STEL Holdings was already an existing shareholder in Saregama India Limited, holding 0.26% of shares prior to this acquisition. As a promoter group company, this acquisition was made in the ordinary course of STEL Holdings' business operations.

About Saregama India Limited

Saregama India Limited operates in the Media & Entertainment industry and stands as one of India's leading music and entertainment companies. The company has a rich legacy dating back to 1901 as part of The Gramophone Company of India, incorporated on August 13, 1946.

Saregama primarily operates in music production, acquisition and distribution, owning one of the largest music archives in India across multiple languages. The company has expanded its operations to include film and television content production, digital entertainment, and the popular digital music player Carvaan. Its content is distributed across various global digital streaming platforms, serving audiences in India and internationally across five countries.

Regulatory Compliance

The transaction required no governmental or regulatory approvals, being conducted through standard market mechanisms. The acquisition was completed efficiently with orders placed and contract notes received on the same trading day, March 16, 2026.