Kundan Edifice Limited, listed on the National Stock Exchange of India under the scrip ID: KEL, has submitted its Structured Digital Database (SDD) compliance certificate for the quarter ended March 31, 2025, in accordance with Regulations 3(5) and 3(6) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

The submission was formally made on April 14, 2025, by Mr. Divyansh Mukesh Gupta, Managing Director (DIN: 06846463) of the company. The compliance certificate was issued by M. K. Saraswat & Associates, Practicing Company Secretaries, through Mr. Mukesh Saraswat (FCS: 9992, COP: 10856), who confirmed full compliance based on a regulatory audit.

Key Highlights of the Compliance Certificate:

The certification affirms that Kundan Edifice Limited:

• Has a Structured Digital Database in place as per SEBI’s requirements.

• Maintains controlled access to ensure only authorized personnel can view or update the database.

• Has captured all Unpublished Price Sensitive Information (UPSI) shared during the quarter.

• Recorded two distinct UPSI events in the database during the January–March 2025 quarter.

• Includes in the system:

  • Nature of the UPSI

  • Date and time of dissemination

  • Secure audit trail

• The system is non-tamperable, maintained internally, and compliant with SEBI’s directive to preserve records for eight years.

This ensures traceability, security, and integrity of sensitive information, safeguarding against insider trading violations.

Regulatory Background:

The filing refers to:

• SEBI’s PIT Regulations, 2015, especially Regulation 3(5) and 3(6), which mandate companies to maintain a Structured Digital Database for tracking UPSI dissemination.

• NSE Circular No. NSE/CML/2022/23 dated October 28, 2022, which reiterates guidelines for SDD implementation across listed entities.

These regulations are part of SEBI’s broader effort to enhance transparency, reduce information asymmetry, and strengthen market integrity in Indian capital markets.

Official Certification by M. K. Saraswat & Associates:

The firm conducted an independent review of Kundan Edifice’s systems and confirmed:

• No non-compliances were observed during the quarter.

• The company complied with all regulatory mandates concerning the SDD framework.

• The audit trail and security mechanisms align with best practices prescribed by the regulators.

The certificate was signed digitally by Mukesh Saraswat and carries UDIN: F009992G000100051, confirming its authenticity and adherence to professional standards.

About Kundan Edifice Limited:

Kundan Edifice Limited, formerly known as Kundan Edifice Private Limited, is engaged in designing and manufacturing lighting and electrical infrastructure products. It operates manufacturing units in:

• Vasai, Palghar (Maharashtra)

• Bhiwandi, Thane (Maharashtra)

With a CIN of L36100MH2010PLC206541, the company’s registered office is located at:

A-201, 2nd Floor, Prime Trade Centre, Above Model Co-Op Bank, Sativali, Vasai East, Palghar - 401208

Kundan continues to adopt robust governance practices and digital transformation tools to align with SEBI’s compliance framework and ensure long-term investor confidence.

Conclusion:

The submission of the SDD compliance certificate for Q4 FY2024-25 demonstrates Kundan Edifice’s commitment to ethical practices, regulatory compliance, and the protection of confidential and sensitive corporate information. By ensuring a tamper-proof, controlled-access, and auditable database, Kundan is proactively contributing to a fair and transparent capital market environment.

As compliance frameworks grow more stringent, companies like Kundan Edifice set an example in building robust internal systems aligned with India’s capital market reforms and investor protection mechanisms.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.

Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.