BSECompany Update5 Oct 2026 · 5 Oct 2026, 12:46 pm
Receipt of request for reclassification from ''Promoter and Promoter Group'' category to ''Public'' Category.
Rikhav Securities Ltd · 544340
✦ AI SummaryPromoter Reclassif.
Rikhav Securities Ltd has received a request from its promoter group to reclassify themselves from 'Promoter and Promoter Group' category to 'Public' category, as per SEBI LODR Regulations.
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Governance Concern5/10
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Full Announcement
Rikhav Securities Ltd - 544340 - Intimation Pursuant To Regulation 30 Read With Regulation 31A (8) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015- Receipt Of Request For Reclassification From 'Promoter And Promoter Group' Category To 'Public' Category
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October 05, 2026
BSE Limited
Phiroze Jeejeebhoy Towers
Dalal Street
Mumbai- 400001
Security BSE SCRIP CODE ISIN
Equity Shares 544340 INE0CFH01028
Dear Sir/ Ma’am,
Sub: Intimation pursuant to Regulation 30 read with Regulation 31A (8) of SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015– Receipt of request for
reclassification from ‘Promoter and Promoter Group’ category to ‘Public’ category
Pursuant to Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (“SEBI LODR Regulations”), the Company has received requests today i.e.
October 05, 2026, from the Members forming part of the Promoter Group seeking reclassification
from ‘Promoter and Promoter Group’ category shareholders to ‘Public’ category shareholders.
The details of the shareholding of the Promoter and Promoter Group seeking reclassification are
as follows:
S. Name Category Shareholding Sharehol
No. (No. of equity ding
shares held) (%)
1. Makshi Infotech Private Limited Promoter Group NIL NIL
2. Parth Investment Consultants Promoter Group NIL NIL
Private Limited
3. Punya Associates LLP Promoter Group NIL NIL
4. Aadarsh Trading LLP Promoter Group NIL NIL
5. CU Lakhani Promoter Group NIL NIL
6. MN Shah Promoter Group NIL NIL
7. D N Shah Promoter Group NIL NIL
8. S M Shah Promoter Group NIL NIL
9. CJ Maniyar Promoter Group NIL NIL
Registered Office: 922 - A, 9 Floor, P.J. Towers, Dalal Street, Fort, Mumbai 400 001, Maharashtra, India.
Corporate Office: B - Wing, Office No. 501 & 502, 02 Commercial Building, Asha Nagar Park Road, Mulund West, Mumbai -
400 080, Maharashtra, India. • Tel.: 022-69078300 • Email: investor@rikhav.in/info@rikhav.net • Web: www.rikhav.net •
GSTIN: 27AADCR3067Q1 ZS
CIN: L99999MH 1995PLC086635 • DEPOSITORY PARTICIPANT ID: 12051500 • DPSEBI REG.NO. IN-DP-CDSL 417-2007 NSE MEMBERSHIP NO. 12804 /
BSE: CLEARING NO. 3174 • SEBI REG. NO. INZ000157737
The copies of request letter are attached herewith. The request shall be placed before the Board
of Directors for consideration at its next board meeting. Post receipt of approval of the Board, we
would submit an application seeking no-objection from BSE Limited. We request you to take the
above on records.
This intimation is also being uploaded on the Company’s website at
https://www.rikhav.net/investor-relations.html.
This is for your information and record.
For & on behalf of
RIKHAV SECURITIES LIMITED
HITESH HIMATLAL LAKHANI
Managing Director
DIN: 01457990
Registered Office: 922 - A, 9 Floor, P.J. Towers, Dalal Street, Fort, Mumbai 400 001, Maharashtra, India.
Corporate Office: B - Wing, Office No. 501 & 502, 02 Commercial Building, Asha Nagar Park Road, Mulund West, Mumbai -
400 080, Maharashtra, India. • Tel.: 022-69078300 • Email: investor@rikhav.in/info@rikhav.net • Web: www.rikhav.net •
GSTIN: 27AADCR3067Q1 ZS
CIN: L99999MH 1995PLC086635 • DEPOSITORY PARTICIPANT ID: 12051500 • DPSEBI REG.NO. IN-DP-CDSL 417-2007 NSE MEMBERSHIP NO. 12804 /
BSE: CLEARING NO. 3174 • SEBI REG. NO. INZ000157737
DNSHAH
D-11,105/106, Mahavir Apartment, Sarvodaya Nagar, Mulund West, Mumbai-400080
Date: 05th October 2026
Board of Directors,
RIKHAVS ECURITIES LIMITED
Regd Office: Office No. 922-A,9 h Floor, P. J. Tower,
Dalal Street, Mumbai 400001, Maharashtra, India.
Corporate Office: 5th Floor Conference O2 Commercial Bldg,
Near Minerva Industrial Estate, Mumbai 400080, Maharashtra, India.
Subject: Request letter for re-classification from Promoter and Promoter group' Category to Public
category shareholders in Rikhav Securities Limited ("Company")
Dear Sir/ Ma'am,
We, DN Shah (Partnership Firm) have been disclosed as a Promoter Group of Rikhav Securities Limited
("Company") in the shareholding pattern filed by the Company with the BSE Limited ("BSE"), in accordance
with the SEBI( LODR)R egulations, 2015.
We are writing this letter to inform you of our intention to be reclassified its status from "Promoter and
Promoter Group" category to "Public Category" in accordance with regulation 31A of the SEBI LODR
Regulations.
As on date, we are not, directly or indirectly, associated with the business of the Company and do not have
any influence over the business and policy decisions made by the Company. Further, we are neither involved
in the day-to-day affairs or management of the Company nor exercising any control over its affairs. We do not
have any special rights in the Company through formal or informal arrangements, including any
shareholders' agreement, voting agreement or any other arrangement. Accordingly, we wish to reclassify
ourselves from the "Promoter and Promoter Group" category to "Public" category.
In connection with our request for reclassification, please find attached the required undertaking.
In light of foregoing, we request the Board of Directors of the Company to consider and approve our request
of reclassification from 'promoter and Promoter group' category to 'public' and make requisite application to
the Stock Exchanges in aCCOrdance with Regulation 31A (10) of the SEBI LODR Regulations. We shall extend
alln ecessary cooperation including providing alln ecessary information/ documents as may be required with
respect to the reclassification, as and when required, to faćilitate the process.
Thanking You,
Yours Faithfully,
FOR D N SHAH
Dhasonesh:N Sia
Dharmesh NavalchaiåSANTNilesh Poonamchand Sheth
On behalf of D N Shah (Partnership Firm)
Promoter Group
PAN: AAGFDO080R
Contact No. 9619280001
Email ID: viralmotani@gmail.com
DNSHAH
D-11,105/106, Mahavir Apartment, Sarvodaya Nagar, Mulund West, Mumbai-400080
Undertaking from the Outgoing Promoter(s) seeking reclassification
Date: 05th October 2026
To, To,
BSE Limited, Board of Directors,
Phiroze Jeejeebhoy Towers RIKHAV SECURITIES LIMITED
Dalal Street, Mumbai 400 001 Regd Office: Office No. 922-A, 9h Floor, P. J.
BSE Scrip Code: 544340 Tower,D alal Street, Mumbai 400001, Maharashtra,
India.
Corporate Office: 5h Floor Conference 02
Commercial Bldg, Near Minerva Industrial Estate,
Mumbai 400080, Maharashtra, India.
Dear Sir/ Madam,
Sub: Undertaking for the Compliance with the conditions specified in clause (b) of the Regulation
31A(3) of SEBI (LODR) Regulations, 2015:
In connection with application for reclassification dated 05th October 2026, I/We hereby confirm and certify
that:
1. I/We along with persons related to me/us together:
a) do not hold more than ten percent of the total voting rights in the listed entity;
b) do not exercise control over the affairs of the listed entity directly or indirectly;
c) do not have any special rights with respect to the listed entity through formal or informal
arrangements including through any shareholder agreements;
d) are not being represented on the board of directors (including not having a nominee director) of
the listed entity;
e) do not act as key managerial personnel of the listed entity;
are not a 'wilful defaulter(s) as per the Reserve Bank of India Guidelines;
g) are not a fugitive economic offender
2. There is no pending regulatory action against me/us.
3. I/We shall continue to comply with the conditions mentioned at sub-clauses (1), () and (ii) of clause (b) of
Regulation 31A(3) of SEBI (LODR), Regulations, 2015 at all times from the date of reclassification, failing
which, I/ We shall be reclassified as promoter/person belonging to the promoter group of the Listed entity.
4. I/We shall comply with the conditions mentioned in the of sub-clauses (iv) and (v) of clause (b) of
Regulation 31A(3) of SEBI (LODR), Regulations, 2015 for a period of not less than three years from the date
of reclassification, failing which, I/We shall be reclassified as promoter/person belonging to promoter
group of the Listed entity.
Yours FaithtYD N SHAH
phasneshN' sha
Dharmesh NavaliaRdshah/ Nilesh Poonamchand Sheth
On behalf of D N Shah (Partnership Firm)
Promoter Group
Contact No. 9619280001
EmailI D: viralmotani@gmail.com