Viksit Engineering Limited Files Q4 FY26 Compliance Certificate with BSE

1 min read     Updated on 07 Apr 2026, 10:39 PM
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Viksit Engineering Limited submitted its Q4 FY26 compliance certificate to BSE on 07 April 2026, as mandated under SEBI Regulation 74(5). The certificate, issued by registrar Sarthak Global Limited, confirms proper handling of securities dematerialization and rematerialization processes during the quarter ended 31 March 2026, demonstrating the company's adherence to depositories regulations.

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Viksit Engineering Limited has filed its quarterly compliance certificate with BSE Limited for the quarter ended 31 March 2026, fulfilling regulatory obligations under SEBI depositories regulations. The submission was made on 07 April 2026 by Whole-time Director Animesh Sharma.

Regulatory Compliance Details

The compliance certificate pertains to Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. This regulation mandates companies to submit quarterly certificates confirming proper handling of securities dematerialization and rematerialization processes.

Parameter: Details
Filing Date: 07 April 2026
Quarter Covered: Q4 FY26 (ended 31 March 2026)
Submitted By: Animesh Sharma, Whole-time Director
DIN: 10905825
Scrip Code: 506196

Certificate Issuer and Verification

The compliance certificate was issued by Sarthak Global Limited, which serves as the registrar and share transfer agent for Viksit Engineering Limited. Sarthak Global Limited, incorporated under CIN L99999MH1985PLC136835, operates as a SEBI-registered Share Transfer Agent (Category II) from its Indore office.

The certificate, dated 04 April 2026, confirms that all securities received from depository participants for dematerialization during Q4 FY26 were properly processed and confirmed to the depositories within stipulated timeframes.

Compliance Confirmations

Sarthak Global Limited's certificate provides several key confirmations regarding securities handling:

  • Securities received for dematerialization were confirmed (accepted/rejected) to depositories as required
  • All securities comprised in certificates have been listed on stock exchanges where earlier securities are listed
  • Security certificates received for dematerialization were mutilated and cancelled after due verification
  • Depository names were substituted in the register of members within the 15-day stipulated time limit
  • Dematerialized/rematerialized securities maintain their listing status on relevant stock exchanges

Company Information

Viksit Engineering Limited operates under CIN L99999MH1983PLC029321 with its registered office located at Room No. 1-2, Kapadia Chambers, 51, Masjid Bunder (E) Mumbai - 400 009. The company maintains investor communications through investor_viksit@yahoo.in and its website www.viksitengineering.com .

The quarterly compliance submission demonstrates Viksit Engineering Limited's commitment to maintaining regulatory compliance and ensuring proper securities handling processes through its appointed registrar and share transfer agent.

What are the potential implications if Viksit Engineering Limited fails to maintain such regulatory compliance in future quarters?

How might changes in SEBI's depositories regulations impact Viksit Engineering's operational costs and compliance processes?

Will Viksit Engineering Limited continue its partnership with Sarthak Global Limited as registrar, or are there plans to switch to other service providers?

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Chaturvedi Family Acquires 95% Combined Stake in Viksit Engineering Under SEBI Disclosure

2 min read     Updated on 30 Mar 2026, 05:24 PM
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The Chaturvedi family has disclosed substantial acquisitions totaling 95% stake in Viksit Engineering Limited under SEBI regulations. Kushal Chaturvedi acquired 2,35,000 shares (94%) while Ruchika Chaturvedi acquired 2,500 shares (1%) through preferential allotment pursuant to NCLT-approved resolution plan, with both filing mandatory disclosures as promoter group members.

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The Chaturvedi family has disclosed substantial acquisitions in Viksit Engineering Limited under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Both Kushal Chaturvedi and Ruchika Chaturvedi filed separate mandatory disclosures with BSE Limited on March 27, 2026, following preferential allotment pursuant to an NCLT-approved resolution plan.

Combined Share Acquisition Details

The acquisitions involve a total of 2,37,500 fully paid-up equity shares at a face value of ₹10 each, totaling ₹23,75,000. Kushal Chaturvedi acquired 2,35,000 shares while Ruchika Chaturvedi acquired 2,500 shares. The shares were allotted pursuant to a resolution plan approved by the National Company Law Tribunal, Mumbai Bench on February 11, 2025.

Acquirer Details: Shares Acquired Face Value (₹) Total Value (₹) Ownership (%)
Kushal Chaturvedi: 2,35,000 10 23,50,000 94%
Ruchika Chaturvedi: 2,500 10 25,000 1%
Combined Total: 2,37,500 10 23,75,000 95%

Shareholding Pattern Transformation

Following the acquisitions, significant changes occurred in Viksit Engineering's shareholding structure. The company's equity share capital increased substantially from ₹1,25,000 comprising 12,500 equity shares to ₹25,00,000 comprising 2,50,000 equity shares. The Chaturvedi family emerged as the controlling shareholders with a combined 95% ownership stake.

Shareholding Details: Pre-Transaction Post-Transaction Percentage
Kushal Chaturvedi: 0 shares 2,35,000 shares 94%
Ruchika Chaturvedi: 0 shares 2,500 shares 1%
Combined Holding: 0 shares 2,37,500 shares 95%

Regulatory Compliance and PAC Structure

Both acquisitions were made pursuant to Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Ruchika Chaturvedi, daughter of Mr. Raj Kumar Pathak, filed her disclosure identifying herself as the acquirer with Kushal Chaturvedi as a person acting in concert (PAC). Similarly, Kushal Chaturvedi's earlier filing identified Ruchika Chaturvedi as a PAC, confirming their coordinated acquisition strategy.

NCLT Resolution Plan Implementation

The preferential allotments stem from a resolution plan approved by the NCLT Mumbai Bench on February 11, 2025. Viksit Engineering Limited, incorporated in 1983 and listed on BSE Limited, has its registered office at Room No. 1-2, Kapadia Chambers, 51, Bharuch Street, Masjid Bunder (E), Mumbai. Both acquirers belong to the promoter group, with their combined shareholding exceeding the 5% threshold that triggers mandatory SEBI disclosure requirements.

Comprehensive SEBI Disclosure Framework

The detailed disclosures submitted to BSE Limited include comprehensive information about pre and post-acquisition shareholding patterns, mode of acquisition through preferential allotment, and confirmation of promoter group status. Both filings confirm that the acquisitions were made in strict compliance with the NCLT order and SEBI regulations, with the allotment date recorded as March 27, 2026.

What strategic initiatives might the Chaturvedi family implement now that they control 95% of Viksit Engineering Limited?

How could this significant ownership consolidation impact Viksit Engineering's stock liquidity and trading volumes on BSE?

Will the new controlling shareholders consider delisting Viksit Engineering from BSE given their dominant stake?

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