Compliance Certificate Under Reg 74(5) for Q1 FY27 Filed

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Price reactionminutes from the announcement price · days from the prior close

-4.9%Reaction day

₹10.94

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+1.4%-6.3% vs market

Non Banking Financial Company (NBFC) peers, median of 216sector+0.4%-5.3% vs sector

On the reaction day the stock moved 6.3 pts less than Nifty Microcap 250 and 5.3 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

-4.9+1.4-6.3+0.4-5.3

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+4.1+0.5+3.6+0.2+3.9

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UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 216Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Shikhar Consultants has submitted the quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018 for the quarter ended 30 June 2026. The certificate, issued by the company's Registrar and Transfer Agent MUFG Intime India, confirms that physical share certificates received for demat during the quarter were duly processed, with securities confirmed or rejected to depositories, and the depositories' names recorded as registered owners within required timelines.

Likely market impact

Routine regulatory compliance filing with no material impact on shareholders or stock price.