TTI Enterprise Limited has submitted its quarterly compliance certificate under SEBI (Depository and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The certificate submission demonstrates the company's commitment to regulatory compliance and proper securities handling processes.

Certificate Submission Details

The company filed the Certificate under Regulation 74(5) of SEBI (Depository and Participants) Regulations, 2018 with stock exchanges on April 10, 2026. The certificate was issued by Niche Technologies Private Limited, which serves as the company's Registrar and Share Transfer Agent (RTA).

Regulatory Compliance Confirmation

Niche Technologies Private Limited, as the RTA, confirmed that securities received from depository participants for dematerialization during Q4FY26 were properly processed. The certificate validates that all securities were confirmed to the depositories and that the securities comprised in the certificate have been listed on stock exchanges where the company's earlier issued securities are listed.

The RTA also confirmed that security certificates received for dematerialization were mutilated and cancelled after due verification. Additionally, the name of the depository was substituted in the register of members as the registered owner, completing the dematerialization process.

Company Information

TTI Enterprise Limited is incorporated with CIN L67120WB1981PLC033771 and maintains its registered office at 28/B, Eden Hospital Road, Yogayog Bhawan, Kolkata, West Bengal. The company's securities are listed on BSE (Script Code: 538597) and Calcutta Stock Exchange (Script Code: 030137).

About the Registrar

Niche Technologies Private Limited, an ISO 9001:2015 certified company, operates as the Registrar and Share Transfer Agent for TTI Enterprise. The company is incorporated with CIN U74140WB1994PTC062636 and is based in Kolkata, providing comprehensive registry services for listed companies.

TTI Enterprise Limited has successfully obtained approval from BSE Limited for the reclassification of seven promoter entities to public shareholders under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The approval, granted on April 02, 2026, marks a significant corporate restructuring move for the Kolkata-based company.

Regulatory Approval Process

The company had submitted its reclassification application to both BSE Limited and Calcutta Stock Exchange Limited on February 14, 2026, seeking approval under Regulation 31A(10) of SEBI LODR Regulations. BSE Limited processed and approved the application within approximately seven weeks, demonstrating efficient regulatory compliance.

However, the company withdrew its application from the Calcutta Stock Exchange due to a prior delisting application already submitted with CSE Limited, which took precedence over the reclassification request.

Entities Seeking Reclassification

The reclassification involves seven promoter entities, all currently holding zero shares in the company:

All these entities will now be classified as public shareholders following the BSE approval.

Shareholding Structure Impact

Despite the reclassification of seven promoter entities, the company's overall shareholding structure remains unchanged due to the zero shareholding of the reclassified entities:

The unchanged shareholding pattern indicates that the reclassified entities had already divested their holdings prior to seeking reclassification status.

Corporate Governance Implications

The reclassification process aligns with SEBI's regulatory framework designed to ensure proper categorization of shareholders and maintain transparency in corporate ownership structures. By reclassifying non-shareholding promoter entities as public shareholders, TTI Enterprise demonstrates adherence to evolving corporate governance standards.

The approval letter from BSE has been forwarded to depositories and the company's Registrar and Transfer Agent for necessary implementation of the reclassification at the operational level.