Vikram Kamats Hospitality Submits Non-Applicability Certificate for SEBI Depositories Regulation

1 min read     Updated on 07 Apr 2026, 02:19 AM
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Vikram Kamats Hospitality Limited submitted a non-applicability certificate to BSE on 6th April, 2026, regarding SEBI Depositories Regulation 74(5) for Q4 FY26. The certificate from registrar Big Share Services confirmed non-applicability as the entire shareholding remains in demat form with no rematerialisation or dematerialisation requests during the quarter.

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Vikram kamats hospitality Limited has filed a non-applicability certificate with BSE Limited regarding SEBI Depositories and Participants Regulation 74(5) for the quarter ended 31st March, 2026. The submission was made on 6th April, 2026, by Managing Director Dr. Vikram V. Kamat.

Regulatory Compliance Details

The certificate was issued by Big Share Services Private Limited, the company's Registrar and Share Transfer Agent, confirming the non-applicability of the specific SEBI regulation. The filing relates to requirements under the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018.

Parameter: Details
Quarter Period: Ended 31st March, 2026
Filing Date: 6th April, 2026
Regulation: SEBI Depositories Regulation 74(5)
Certificate Issuer: Big Share Services Private Limited

Certificate Confirmation

Big Share Services Private Limited confirmed that Regulation 74(5) is not applicable to the company as the entire holding of shares remains in demat form. The registrar stated that no requests were received from company members for rematerialisation or dematerialisation during the quarter ended 31st March, 2026.

The certificate was signed by Akash Shamal, Authorised Signatory of Big Share Services Private Limited, and dated 06/04/2026. The submission ensures compliance with SEBI circular references NSDL/CIR/II/5/2019 and related regulatory guidelines.

Company Information

Vikram Kamats Hospitality Limited, formerly known as Vidli Restaurants Limited, operates under CIN L55101MH2007PLC173446. The company's registered office is located at Units No. 5-8 at Tapovan Co-operative Housing Society Ltd., Near Nahur Station, Bhandup West, Mumbai-400078. Dr. Vikram V. Kamat serves as Managing Director with DIN 00556284.

Historical Stock Returns for Vikram Kamats Hospitality

1 Day5 Days1 Month6 Months1 Year5 Years
-3.23%-7.06%+15.06%-25.80%-28.84%+700.86%

What strategic expansion plans might Vikram Kamats Hospitality Limited pursue in the hospitality sector following their consistent regulatory compliance?

How could the complete dematerialization of shares impact the company's future fundraising capabilities or potential investor interest?

Will SEBI introduce stricter depositories regulations that could affect small hospitality companies like Vikram Kamats in upcoming quarters?

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Vikram Kamats Hospitality Limited Completes Meeting with Warrant Holders

1 min read     Updated on 21 Mar 2026, 10:24 PM
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Vikram Kamats Hospitality Limited has successfully conducted its scheduled meeting with warrant holders on March 21, 2026, addressing pending warrant conversions and providing adequate clarifications regarding convertible warrants allotted on preferential basis on October 16, 2024. The meeting outcome was communicated to BSE Limited in compliance with regulatory disclosure requirements.

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Vikram Kamats Hospitality Limited has successfully conducted its scheduled meeting with warrant holders on March 21, 2026, according to a regulatory filing submitted to BSE Limited. The meeting was held to address pending warrant conversions and provide necessary clarifications to warrant holders regarding convertible warrants allotted on a preferential basis.

Meeting Outcome and Details

The company confirmed that the meeting with warrant holders was duly held as scheduled, with management providing adequate clarifications sought by warrant holders in view of prevailing circumstances. The meeting addressed matters related to convertible warrants that remain pending for conversion since their allotment.

Parameter: Details
Meeting Date: March 21, 2026
Meeting Day: Saturday
Warrant Allotment Date: October 16, 2024
Filing Date: March 21, 2026
Meeting Status: Successfully Completed
Regulation: Regulation 30

Warrant Background and Context

The convertible warrants in question were originally allotted to warrant holders on a preferential basis on October 16, 2024. These warrants have remained pending for conversion, which prompted the warrant holders to request a meeting with the company management. The company had initially scheduled this meeting following the warrant holders' request and has now successfully completed the engagement.

Company Information and Compliance

The communication was digitally signed by Dr. Vikram V. Kamat, Managing Director with DIN 00556284. Vikram Kamats Hospitality Limited, formerly known as Vidli Restaurants Limited, operates under CIN L55101MH2007PLC173446 and trades on BSE with scrip code 539659 under the symbol KAMATS.

Regulatory Disclosure

This outcome intimation to BSE Limited demonstrates the company's continued adherence to regulatory disclosure requirements under applicable regulations. The company noted that all relevant information has already been disclosed to BSE Limited at appropriate times under application regulations, ensuring transparency with stakeholders regarding corporate actions and warrant-related developments.

Historical Stock Returns for Vikram Kamats Hospitality

1 Day5 Days1 Month6 Months1 Year5 Years
-3.23%-7.06%+15.06%-25.80%-28.84%+700.86%

What specific timeline has the company set for warrant holders to complete their conversions following the clarifications provided?

How might the pending warrant conversions impact Vikram Kamats' share capital structure and dilution for existing shareholders?

Will the company need to adjust its expansion or operational plans based on the potential influx of funds from warrant conversions?

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1 Year Returns:-28.84%