Suyog Gurbaxani Funicular Ropeways Limited has submitted its quarterly certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The company filed the necessary documentation with BSE Limited and both major depositories through its Registrar and Share Transfer Agent.

Regulatory Compliance Submission

The company submitted the required certificate to BSE Limited on April 10, 2026, addressing the Manager - CRD at Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai. Company Secretary & Compliance Officer Ameya Dhananjay Bodas signed the submission letter, confirming receipt of the confirmation certificate from KFIN Technologies Limited.

Depository Confirmations

KFIN Technologies Limited, serving as the Registrar to an Issue and Share Transfer Agent, issued separate certificates to both Central Depository Services (India) Limited (CDSL) and National Securities Depository Limited (NSDL) on April 1, 2026. Senior Vice President Praveen Chaturvedi signed both certificates on behalf of KFIN Technologies.

The certificates confirm that details of securities dematerialized and rematerialized during the quarter have been furnished to all stock exchanges where the company's shares are listed, as required under SEBI regulations.

Company Information

Suyog Gurbaxani Funicular Ropeways Limited operates from its registered office at 18, Suyog Industrial Estate, 1st Floor, LBS Marg, Vikhroli (W), Mumbai - 400083, with its head office located in Nagpur. The company maintains its investor relations through dedicated email channels and has made the disclosure available on its website at sgfrl.com/stock-exchange-submission.

KFIN Technologies Role

KFIN Technologies Limited operates from its operations centre in Hyderabad's Financial District and maintains its registered office in Mumbai. The company serves as the share transfer agent, ensuring compliance with SEBI regulations regarding dematerialization and rematerialization of securities for listed companies.

Suyog Gurbaxani Funicular Ropeways Limited has announced the transfer of 4,97,600 equity shares from promoter Arvind Lature to Sarvatra Finance Private Limited through an off-market transaction. The transfer was executed between February 17-18, 2026, and disclosed to BSE Limited on February 23, 2026, in compliance with Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeover Regulations, 2011.

Transaction Details

The share transfer represents a strategic move within the promoter group, as Sarvatra Finance Private Limited is owned and controlled by the same promoter, Arvind Lature. This makes the transaction an inter-group transfer rather than a disposal to external parties.

Shareholding Position

Prior to this acquisition, Sarvatra Finance Private Limited held no shares in Suyog Gurbaxani Funicular Ropeways Limited. Following the completion of the off-market transfer, the entity now holds 4,97,600 equity shares, representing 2% of the company's total share capital.

Regulatory Compliance

The transaction was disclosed in accordance with SEBI's SAST Regulations, which mandate disclosure of substantial acquisitions or disposals of shares. The company filed the necessary documentation with BSE Limited, where its shares are listed. The disclosure was signed by Arvind Lature in his capacity as promoter and submitted to the exchange's listing department.

Corporate Structure Impact

Since both the transferor and the ultimate controller of the transferee are the same person, this transaction represents a restructuring within the promoter group rather than a change in overall promoter control. The transfer may be part of a broader corporate restructuring strategy or portfolio management within the promoter's business interests.