Sun Retail Limited has filed its quarterly compliance certificate under SEBI regulations for the quarter ended March 31, 2026. The certificate was submitted to the Bombay Stock Exchange on April 11, 2026, fulfilling regulatory obligations under the SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Certificate

The certificate was filed under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The submission confirms the company's compliance with dematerialization requirements for the quarter ended March 31, 2026.

Certificate Details

The certificate was signed by Dharamjit Bhupatsinh Mori, Whole-time Director and CFO of Sun Retail Limited, with DIN 08038027. The document was digitally signed on April 11, 2026, from Ahmedabad.

Key Confirmations

The certificate includes confirmations regarding:

• Securities listing status on stock exchanges
• Proper verification and cancellation of certificates
• Substitution of depository names in company records as registered owners
• Compliance with stipulated timelines for dematerialization processes

RTA Certificate

Bigshare Services Private Limited, serving as the company's Registrar and Transfer Agent, provided a supporting certificate dated March 31, 2026. The RTA confirmed that no securities were received from depository participants for dematerialization during the quarter ended March 31, 2026.

Regulatory Framework

The filing references multiple SEBI circulars and regulations, including NSDL/CIR/II/5/2019 dated January 25, 2019, and CDSL/OPS/RTA/POLICY/2019/14 dated January 25, 2019. The submission also references SEBI letter MRD/DOP2/DSA2/OW/2019/2498/1 dated January 24, 2019.

Copies of the certificate were sent to both National Securities Depository Limited and Central Depository Services (India) Limited, ensuring comprehensive regulatory compliance across all relevant depositories.

Sun Retail Limited has officially informed the Bombay Stock Exchange (BSE) about its unique corporate structure, declaring that the company operates without an identifiable promoter as on March 31, 2026. This declaration carries significant regulatory implications for the company's compliance requirements under securities market regulations.

Regulatory Declaration Details

The company submitted its formal declaration under Regulation 31(4) & 31(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The key aspects of this declaration include:

Compliance Implications

The absence of an identifiable promoter means that Sun Retail Limited is exempt from certain provisions of SEBI's takeover regulations. Specifically, the company stated that "the provisions of regulation 31(4) & 31(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 are not applicable to our Company."

This status typically occurs in companies where:

• No single entity or group holds significant control
• Shareholding is widely distributed among public investors
• Management operates independently without promoter influence

Corporate Authorization

The declaration was authorized and signed by Dharamjit Bhupatsinh Mori, who serves as the company's Whole-Time Director & CFO. The document was digitally signed and submitted from Ahmedabad on April 3, 2026.

This formal declaration ensures that Sun Retail Limited maintains transparency with regulatory authorities and stock exchanges regarding its corporate governance structure and compliance status under current securities regulations.