Octal Credit Capital Limited has intimated the resignation of two independent directors from its board. Mr. Shambhu Nath Jajodia and Mr. Bijay Kumar Bagri have stepped down from their positions effective May 21, 2026. The company disclosed this information in a regulatory filing.

Resignation Details

The resignations were submitted to the Board of Directors on May 20, 2026, and were accepted effective the following day. Both directors resigned from the board as well as from various committees of the company. The company confirmed that the resignations were due to personal reasons and pre-occupation elsewhere, respectively.

Director Statements

In his resignation letter, Mr. Shambhu Nath Jajodia stated that he wished to move on to pursue interests that would not allow him to do justice to his role on the board. He expressed appreciation for the opportunity to work with the board and management team. Mr. Jajodia confirmed that there were no material reasons for his resignation other than those mentioned in his letter.

Mr. Bijay Kumar Bagri cited pre-occupation elsewhere as the reason for his departure, noting that he would be unable to tender his responsibilities towards the company. He also confirmed that there were no material reasons other than the one stated for his resignation from the board and its committees.

Octal Credit Capital Limited has submitted its mandatory quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026.

Regulatory Compliance Submission

The company filed the certificate on April 13, 2026, addressing the requirements under Regulation 74(5) of SEBI regulations. The submission was made to the Department of Corporate Services at BSE Limited, with Chief Financial Officer Shyam Arora signing the covering letter on behalf of the company.

Registrar Confirmation Details

Niche Technologies Private Limited, serving as the company's Registrar and Share Transfer Agent, prepared the compliance certificate dated April 6, 2026. The ISO 9001:2015 certified company confirmed proper handling of dematerialization processes during the quarter.

The RTA certificate, signed by Manager-EDP Ashok Sen, provides comprehensive confirmation regarding securities processing:

• Securities received from depository participants for dematerialization were properly confirmed to depositories
• All securities comprised in the certificate have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialization were mutilated and cancelled after due verification
• Depository names were substituted in the company's register of members as registered owners

Corporate Information

The compliance certificate represents standard quarterly regulatory filing requirements for listed companies, ensuring transparency in dematerialization processes and maintaining investor confidence in securities handling procedures.