Ajcon Global Services Limited has notified BSE Limited about its non-applicability status for related party transaction disclosure requirements under SEBI regulations. The company filed this disclosure on February 13, 2026, citing exemptions available to smaller listed entities.

Regulatory Exemption Details

The company is exempt from Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015, which mandates submission of related party transaction disclosures to stock exchanges. This exemption falls under Regulation 15(2) of the SEBI LODR Regulations, specifically designed for companies with smaller capital base and net worth.

The exemption criteria are based on the company's financial position as on March 31, 2025, where both paid-up equity share capital and net worth remained below the prescribed regulatory thresholds of ₹10 crore and ₹25 crore respectively.

Financial Position Analysis

According to the auditor's certificate issued by Bhatter & Company, Chartered Accountants, the company's financial metrics for the previous three financial years demonstrate consistent capital structure with gradual growth in net worth.

The data shows that while the paid-up share capital remained static at ₹611.62 lakhs across all three years, the company's net worth demonstrated steady growth, increasing from ₹1749.49 lakhs in 2022-23 to ₹2056.18 lakhs in 2024-25.

Compliance Commitment

Ajcon Global Services has assured BSE that it will maintain regulatory compliance standards. The company stated that whenever Regulation 23(9) becomes applicable at a future date, it will comply with the related party transaction disclosure requirements within six months from the date the provisions become applicable.

This proactive communication demonstrates the company's commitment to transparency and regulatory adherence, even while operating under current exemptions. The disclosure was signed by Kaushal K Shukla, serving as Company Secretary and Compliance Officer, and includes the statutory auditor's certificate as supporting documentation.

Ajcon Global Services Limited has announced the opening of a special window for transfer and dematerialisation of physical shares, providing shareholders with an opportunity to convert their physical securities to electronic format. This initiative follows the recent SEBI circular aimed at facilitating ease of investment and securing investor rights in securities.

Special Window Details

The special window will operate for a period of one year, offering shareholders a structured process for share transfer and dematerialisation. The company has outlined specific eligibility criteria and documentation requirements to ensure compliance with regulatory guidelines.

Eligibility and Coverage

The special window covers physical securities that were sold or purchased prior to April 1, 2019. Additionally, it includes transfer requests that were previously submitted but were rejected, returned, or not processed due to deficiencies in documents or processes. Securities transferred under this window will be mandatorily credited to the transferee only in demat mode.

During the lock-in period of one year from the date of registration of transfer, the transferred securities cannot be transferred, lien-marked, or pledged. However, cases involving disputes between transferor and transferee, as well as securities transferred to the Investor Education and Protection Fund (IEPF), will not be considered under this window.

Documentation Requirements

Shareholders seeking to utilize this special window must provide comprehensive documentation to the company's Registrar and Share Transfer Agents, Bigshare Services Pvt. Ltd. The required documents ensure proper verification and compliance with regulatory standards.

Essential documents include:

• Original Security Certificates
• Share Transfer Deed
• Client Master List (CML)
• All other documents specified in the SEBI Circular

Contact Information and Support

For queries related to the special window process, shareholders can reach out to the Registrar and Share Transfer Agents at info@bigshareonline.com or contact the company directly at investorgrievance@ajcon.net . Bigshare Services Pvt. Ltd. is located at Office No. S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai-400093.

This special window represents a significant opportunity for shareholders holding physical certificates to modernize their holdings and benefit from the convenience and security of dematerialised shares. The initiative aligns with SEBI's broader objective of promoting ease of doing investment while protecting investor interests in the securities market.