Vikram Aroma Limited has submitted its quarterly dematerialization compliance certificate to the Bombay Stock Exchange (BSE) for the quarter ended March 31, 2026. The filing, made on April 10, 2026, fulfills the company's regulatory obligations under SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Details

The certificate was filed under Regulation 74(5) of the SEBI regulations, with the company confirming proper handling of securities dematerialization processes during the quarter. Managing Director Ankur Patel, bearing DIN 07395218, signed the compliance document on behalf of the company.

Registrar Confirmation

Bigshare Services Private Limited, serving as the company's Registrar and Transfer Agent, provided the underlying certification on April 8, 2026. The registrar confirmed that all securities received from depository participants for dematerialization up to March 31, 2026 were properly processed and confirmed to the depositories.

Key confirmations from the registrar include:

• Securities received for dematerialization were confirmed to depositories within required timeframes
• Security certificates were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners within 15 days of receipt
• All dematerialized securities remain listed on the same stock exchanges as earlier issued securities

Depository Notifications

The compliance certificate was also forwarded to both major depositories in India. National Securities Depository Limited (NSDL) and Central Depository Services India Limited (CDSL) received copies of the certification, ensuring comprehensive regulatory compliance across all relevant authorities.

Corporate Information

Vikram Aroma Limited operates from its registered office at A/704-710, The Capital, Science City Road, Ahmedabad, Gujarat 380060. The company maintains its listing on BSE under scrip code 544371, with Bigshare Services Private Limited continuing to serve as its registrar and transfer agent for all share-related services.

Vikram Aroma Limited has announced a substantial disposal of shares by its promoter group, as disclosed under SEBI regulations. The transaction involves Mr. Dhirajlal Karsandas Patel and 24 persons acting in concert (PAC), who disposed additional shares through an inter-se transfer arrangement.

Transaction Details

The promoter group disposed 1,50,000 shares representing 4.78% of the company's total voting capital on March 24, 2026. This disposal was executed through off-market inter-se transfer, a method commonly used for internal restructuring among promoter group entities.

Shareholding Pattern Changes

The disposal resulted in a significant decrease in the promoter group's stake in the company. Their combined holding decreased from 65.94% to 61.16%, reducing their control over the company's operations and strategic decisions.

Persons Acting in Concert

The transaction involves an extensive network of 24 persons acting in concert with Mr. Dhirajlal Karsandas Patel. The PAC includes various family members and related entities:

• Hindu Undivided Families (HUFs): Dhirajlal K Patel HUF, Ghanshyambhai K Patel HUF
• Individual Members: Harjivanbhai K Patel, Ambalal K Patel, Dinesh Harjivanbhai Patel, Rekhaben Mahendrakumar Patel, Ghanshyambhai Karsandas Patel
• Other Family Members: Including Patel Vimla Dhirajlal, Kanchanben Ghanshyambhai Patel, Kantaben Harjivanbhai Patel, and several others
• Next Generation Members: Jaymin Chimanbhai Patel, Nimish Chimanbhai Patel, Ankur Dhirajlal Patel, among others

Company Capital Structure

Vikram Aroma Limited's equity share capital structure remains unchanged following this transaction. The company maintains its existing capital base with no dilution or expansion.

Regulatory Compliance

The disclosure was filed in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The seller confirmed that no shares are under encumbrance and no warrants or convertible securities are involved in this transaction. This regulatory filing ensures transparency and keeps stakeholders informed about significant changes in the company's ownership structure.