Swadeshi industries & Leasing Limited has filed its quarterly compliance certificate with BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations for the quarter ended March 31, 2026. The submission was made on April 10, 2026, by Director Lalkrishna Sharma.

Regulatory Compliance Filing

The compliance certificate was submitted in accordance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. This regulation mandates companies to provide quarterly confirmations regarding their depository and participant operations.

Registrar Confirmation

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, serves as the company's Registrar and Share Transfer Agent. The firm issued the compliance certificate on April 3, 2026, confirming adherence to regulatory requirements.

The registrar confirmed that securities received from depository participants for dematerialisation during Q4FY26 were properly processed within prescribed timelines. All security certificates received for dematerialisation were appropriately confirmed or rejected, with certificates being mutilated and cancelled after due verification.

Dematerialisation Process Compliance

The certificate validates several key compliance aspects:

• Securities received for dematerialisation were confirmed to depositories within required timeframes
• All securities comprised in certificates have been listed on relevant stock exchanges
• Security certificates were properly mutilated and cancelled after verification
• Depository names were substituted in the register of members as registered owners

Corporate Information

Swadeshi Industries & Leasing Limited operates from its registered office in Mumbai, Maharashtra. The company maintains its corporate identification number as L45209MH1983PLC031246 and trades on BSE under scrip code 506863. The filing was digitally signed by Director Lalkrishna Sharma from Mumbai, ensuring proper authentication of the regulatory submission.

Swadeshi Industries And Leasing Limited has successfully completed the conversion of 1,23,10,000 convertible warrants into equity shares, marking a significant capital restructuring exercise. The Board of Directors approved this conversion on March 05, 2026, during a meeting held at the company's registered office from 3:30 P.M. to 4:00 P.M.

Conversion Details and Regulatory Compliance

The conversion was executed in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, and Sections 62 and 42 of the Companies Act, 2013. Each convertible warrant was converted into one equity share of face value Rs. 10/- at a conversion price of Rs. 10/- per equity share, following the receipt of full subscription amounts as prescribed under Regulation 169 of the SEBI ICDR Regulations.

Major Allottees and Distribution

The equity shares were allotted to 48 individuals comprising both promoters and non-promoters of the company. The allotment process involved the collection of 75% of the issue price per warrant as prescribed by regulations. The largest individual allotments were made to Jayshree Sharma with 20,10,000 shares, Sunil Poonam Chand Jain with 15,25,000 shares, and Radheshyam Sharma with 12,50,000 shares.

Comprehensive Allottee Details

The conversion included various categories of investors with allocations ranging from 25,000 shares to 20,10,000 shares. Notable allottees include family members of the promoter group such as Aarya Sharma (2,50,000 shares), Chitra Sharma (3,25,000 shares), and Lalkrishan Sharma (3,25,000 shares). The complete list encompasses 48 allottees with zero pending conversions, indicating full exercise of all available warrants.

Corporate Governance and Documentation

The conversion process was completed with full regulatory compliance, including detailed documentation pursuant to Schedule III Part A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided comprehensive details of each allottee, including the number of warrants held before conversion, warrants applied for conversion, amounts received, and equity shares allotted. Director Lalkrishna Sharma (DIN: 09527277) signed the regulatory filings, ensuring proper corporate governance protocols were followed throughout the conversion process.

This complete warrant conversion represents a successful capital raising exercise for Swadeshi Industries And Leasing Limited, with all warrants being exercised without any pending conversions. The preferential allotment structure enabled the company to strengthen its equity base while maintaining compliance with regulatory requirements and providing transparency to stakeholders through detailed disclosure of allottee information.