MFS Intercorp Ltd has notified BSE Limited that it will not be submitting the Annual Secretarial Compliance Report for the financial year ended March 31, 2026, citing regulatory exemptions available to smaller listed entities.
Regulatory Exemption Details
The company has claimed exemption under Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation provides relief to listed entities meeting specific financial criteria regarding compliance with various corporate governance provisions.
Parameter Threshold Limit Paid-up Equity Share Capital Not exceeding Rs 10 crores Net Worth Not exceeding Rs 25 crores Assessment Date Last day of previous financial year
Scope of Exemption
Under the claimed exemption, MFS Intercorp Ltd is relieved from compliance with multiple SEBI regulations. The exemption covers provisions specified in regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 27, and specific clauses of regulation 46, along with Para C, D and E of Schedule V.
The Annual Secretarial Compliance Report requirement under Regulation 24A, which was introduced through SEBI Circular CIR/CFD/CMD1/27/2019 dated February 8, 2019, falls within this exempted scope.
Communication to Exchange
The notification was sent to BSE Limited on April 8, 2026, signed by Kiran Vishwakarma, Whole Time Director of the company. The communication referenced the company's scrip code 513721 and cited relevant SEBI circulars and BSE notifications that establish the reporting requirements and available exemptions.
The company has requested BSE to acknowledge this exemption claim and take note of its non-applicability status for the Annual Secretarial Compliance Report submission.
MFS Intercorp Ltd has fulfilled its regulatory obligations by submitting the mandatory certificate under SEBI (Depositories and Participants) Regulations, 2018 for the fourth quarter of fiscal year 2026. The submission demonstrates the company's adherence to securities market compliance requirements.
Regulatory Compliance Details
The certificate was submitted to BSE Limited on April 8, 2026, covering the period from January 1, 2026 to March 31, 2026. This quarterly submission is mandated under Regulation 74(5) of SEBI regulations for all listed companies.
Parameter: Details Reporting Period: January 1, 2026 to March 31, 2026 Submission Date: April 8, 2026 Exchange: BSE Limited Scrip Code: 513721 Regulation: SEBI Regulation 74(5)
Registrar Certification
Satellite Corporate Services Pvt. Ltd., serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate on April 6, 2026. The registrar confirmed two critical compliance aspects:
Securities comprised in the certificates have been listed on stock exchanges
Physical share certificates have been properly verified, mutilated, cancelled, and the depository name substituted in records as registered owner
Corporate Information
The submission was authorized by Kiran Vishwakarma, Whole Time Director with DIN 10526319. MFS Intercorp Ltd operates with its registered office in New Delhi and corporate office in Ahmedabad, Gujarat.
Corporate Details: Information CIN: L27209DL1986PLC254555 Registered Office: Office No.5 1st Floor BLK B, PKT 3, Se 34, Rohini, New Delhi 110042 Corporate Office: Office No. 109, First Floor, Arista, Bodakdev, Ahmedabad, Gujarat, 380054 Website: www.muskanferro.com
Significance of Compliance
This quarterly certificate submission represents standard regulatory compliance for listed companies, ensuring transparency in share dematerialization processes. The certification by an authorized registrar validates the company's adherence to SEBI guidelines for depositories and participants, maintaining investor confidence in the securities market framework.
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