Thrive Future Habitats Limited has fulfilled its regulatory obligations by submitting a quarterly compliance certificate to BSE Limited for the quarter ended March 31, 2026. The submission, made on April 09, 2026, demonstrates the company's adherence to SEBI's depositories and participants regulations.

Regulatory Compliance Details

The compliance certificate was submitted pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. This regulation mandates companies to provide quarterly certificates regarding dematerialisation processes and related activities.

Certificate Confirmation

BgSE Financials Limited, serving as the Registrar and Share Transfer Agents, issued the compliance certificate confirming proper handling of dematerialisation requests. The certificate validates two critical aspects:

• Securities comprised in the certificates have been listed on stock exchanges
• Physical certificates have been mutilated and cancelled after due verification, with the depository's name substituted as the registered owner in company records

Corporate Information

Thrive Future Habitats Limited, formerly known as Ador Multiproducts Limited, operates under CIN L85110MH1948PLC310253. The company's Managing Director, Vinay Kumar Singh (DIN: 06497700), digitally signed the submission letter on April 09, 2026.

Administrative Process

The compliance certificate addresses dematerialisation requests, cancellation of certificates, and consequential actions taken during the quarter ended March 31, 2026. BgSE Financials Limited, with CIN U67120KA1999PLC025860, confirmed that all processes were conducted in accordance with regulatory requirements and proper verification procedures were followed.

Thrive Future Habitats Limited has disclosed a substantial acquisition of shares involving an inter-se transfer of 3,00,000 equity shares between promoters. The transaction was reported to BSE Limited on April 02, 2026, in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

Arvinder Singh Pasricha acquired 3,00,000 equity shares from Mrs. Aman Pasricha Balsara through an off-market inter-se transfer by way of gift. The transaction was completed on March 30, 2026, between promoters who are also immediate relatives pursuant to Regulation 10(1)(a)(i) of SEBI takeover regulations.

Shareholding Changes

The acquisition resulted in significant changes to Arvinder Singh Pasricha's shareholding position in the company. His voting rights increased from 27.58% to 30.72% of the total share capital.

SAST Disclosure Withdrawal

In a subsequent development on April 07, 2026, Arvinder Singh Pasricha submitted a withdrawal request for his earlier disclosure under Regulation 10(5) of SAST Regulations dated March 10, 2025. The acquirer clarified that the original disclosure was submitted voluntarily and the proposed acquisition does not fall under the exemption framework prescribed under Regulation 10 of the SAST Regulations.

Company Capital Structure

The company's equity share capital remained unchanged at INR 9,56,09,890, representing 95,60,989 equity shares of INR 10.00 each. The total diluted share capital stands at INR 18,87,33,530, including 93,12,364 convertible warrants.

Post-Transaction Developments

The disclosure noted that subsequent to this transaction, the company undertook an allotment of 17,58,592 equity shares on March 31, 2026. This resulted in a change in paid-up share capital from Rs. 9,56,09,890 to Rs. 11,31,95,810. However, the percentage shareholding calculations were based on the pre-allotment capital structure as the allotment was completed after the gift transaction date.

The transaction represents a routine inter-se transfer between promoter family members and maintains the promoter group's overall control in the company while redistributing shareholding within the group. The withdrawal of the SAST disclosure confirms that the acquisition complies with regulatory requirements without triggering additional obligations.