Modern shares & stockbrokers Limited has submitted its quarterly compliance certificate under SEBI (Depositories and Participants) Regulations 2018 for the quarter ended March 2026. The certificate demonstrates the company's adherence to regulatory requirements for securities dematerialisation and depository operations.

Regulatory Compliance Filing

The company filed the compliance certificate on April 7, 2026, addressing it to multiple regulatory and depository institutions. The submission was made under reference number MSSL/006/2026-2027 and pertains to Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018.

Certificate Issuance and Confirmation

MUFG Intime India Private Limited, serving as the company's Registrar and Transfer Agents, issued the compliance certificate on April 3, 2026. The certificate confirms that securities received from depository participants for dematerialisation during the quarter were properly processed within prescribed timelines.

The registrar confirmed several key compliance aspects:

• Securities received for dematerialisation were confirmed or rejected to depositories
• Security certificates comprised in dematerialisation were listed on relevant stock exchanges
• Security certificates received were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners within prescribed timelines

Stakeholder Communication

The compliance certificate was submitted to three key institutions to ensure comprehensive regulatory coverage. Modern Shares and Stockbrokers Limited addressed the communication to BSE Limited's Listing Department, National Securities Depository Limited, and Central Depository Services (India) Limited.

Corporate Authorization

Anil S Manghnani, Whole Time Director with DIN 00012806, signed the submission on behalf of Modern Shares and Stockbrokers Limited. The certificate from MUFG Intime India Private Limited was authorized by Ashok Shetty, Sr. Vice President-Corporate Registry.

This quarterly compliance filing reflects the company's ongoing commitment to maintaining regulatory standards in securities handling and depository operations, ensuring transparency and adherence to SEBI guidelines for market participants.

Modern Shares & Stockbrokers Limited has submitted its mandatory disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, detailing the promoter shareholding position as of March 31, 2026.

Promoter Shareholding Details

The disclosure, filed on April 6, 2026, reveals that the promoters, promoter groups, and persons acting in concert (PACs) collectively hold 21,34,784 equity shares of the company. The filing was authorized by Mr. Anil Manghnani, Whole Time Director and Promoter, on behalf of all promoters and associated entities.

Composition of Promoter Group

The promoter group comprises eight entities across different categories:

Key Highlights

The disclosure confirms several important aspects of the promoter shareholding:

• M/s. Bhagwanti Exports Pvt. Ltd. emerges as the largest single shareholder among the promoter group
• No encumbrance of shares occurred during the financial year ended March 31, 2026
• The filing maintains compliance with SEBI regulations for substantial shareholding disclosure
• All promoters and PACs have been duly represented in the consolidated disclosure

Regulatory Compliance

The disclosure was signed by Company Secretary and Compliance Officer Vibha Axit Gandhi and submitted to the Bombay Stock Exchange Limited. The filing ensures transparency in promoter shareholding and adherence to regulatory requirements under SEBI (SAST) Regulations, 2011.