Paragon Finance Confirms SEBI Compliance

Paragon Finance Limited has officially confirmed its compliance with SEBI (Depositories and Participants) Regulations, 2018, for the fiscal quarter ending March 31, 2026.

Dematerialization Process Verified

The company announced this update following a certificate received on April 6, 2026, from its Registrar and Transfer Agent, Niche Technologies Pvt. Ltd. This certificate validates that all securities submitted for dematerialization during the quarter were correctly processed, accepted by the relevant depositories, and subsequently listed on stock exchanges. The process also confirmed that corresponding physical share certificates were cancelled as required.

Significance of Compliance

Maintaining strict adherence to SEBI regulations regarding share dematerialization is vital for listed companies. Such compliance assures investors and regulatory bodies that the company's share transfer and ownership mechanisms function smoothly, bolstering its operational credibility.

Company Background and Recent Developments

Paragon Finance Ltd., a Kolkata-based Non-Banking Financial Company (NBFC) established in 1986, provides a range of financial services. The company recently reported a significant financial turnaround in its Q3FY26 results (ended December 31, 2025), posting a net profit of ₹180.39 Lacs compared to a loss in the prior year. Notably, an open offer to acquire shares of Paragon Finance, initiated in August 2024, was withdrawn in March 2025 after the acquirers failed to obtain approvals from the Reserve Bank of India and SEBI.

Registrar and Transfer Agent Role

Niche Technologies Pvt. Ltd. is a SEBI-registered entity that manages share registries, handles dematerialization, and processes corporate actions for listed companies.

Impact of Filing

This filing represents a routine confirmation of ongoing regulatory adherence and does not introduce immediate operational or financial changes for Paragon Finance. It serves to reinforce stakeholder trust by demonstrating that shareholding processes are being managed according to SEBI directives.

Industry Peers

Paragon Finance Ltd. operates in the NBFC sector alongside companies such as Bajaj Finance, Shriram Finance, Muthoot Finance, Chola Investment & Finance, Morarka Finance Ltd., and KJMC Financial Services Ltd.

Investor Focus

Investors will continue to monitor Paragon Finance's ongoing compliance with SEBI and RBI regulations. Future financial performance, strategic initiatives, and any corporate governance updates will also be key areas of focus.