Adhata Global Limited has filed its quarterly compliance certificate with BSE Limited for the quarter ended March 31, 2026, in accordance with SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Filing

The company submitted the mandatory certificate under Regulation 74(5) on April 14, 2026, through Company Secretary and Compliance Officer Saket Khemka. The filing pertains to the fourth quarter of fiscal year 2026 and ensures compliance with securities market regulations.

Registrar Certification

ABS Consultant Pvt Ltd, serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate dated April 1, 2026. The SEBI-authorized Category-1 registrar confirmed that all dematerialization procedures were conducted properly during the quarter.

The certificate validates several key compliance aspects:

• Details of securities dematerialized during the quarter were furnished to depositories
• Information was provided to all stock exchanges where company shares are listed
• Securities received for dematerialization were mutilated and cancelled within stipulated timeframes
• Depository names were properly substituted in records as registered owners

Corporate Information

Adhata Global Limited, formerly known as M V Cotspin Limited, operates from its registered office at Om Tower, 32 Chowringhee Road, Kolkata. The company trades on BSE under scrip code 531286 and maintains regular compliance with regulatory filing requirements.

The quarterly certification process ensures transparency in share transfer operations and maintains investor confidence through proper record-keeping and regulatory adherence.

Adhata Global Limited announced its unaudited financial results for the third quarter of FY26 ended December 31, 2025, showing a significant decline in financial performance. The company reported a net loss of ₹22.98 lacs compared to a profit of ₹41.48 lacs in the corresponding quarter of the previous year, marking a substantial deterioration in profitability.

Financial Performance Overview

The company's operational performance showed mixed results across different metrics during the quarter:

Revenue from operations declined dramatically by 68.13% to ₹67.86 lacs from ₹212.88 lacs in the same quarter last year. Total income fell to ₹70.70 lacs from ₹215.73 lacs, representing a 67.23% decrease year-on-year.

Expense Analysis

Despite the revenue decline, the company managed to reduce its total expenses significantly:

Notably, the company benefited from a favorable change in inventories of ₹(73.29) lacs compared to ₹87.74 lacs in the previous year, indicating inventory reduction during the quarter.

Nine-Month Performance

For the nine-month period ended December 31, 2025, Adhata Global reported:

The cumulative nine-month loss widened to ₹85.25 lacs from ₹21.41 lacs in the corresponding period of the previous year.

Corporate Governance and Compliance

The financial results were approved by the Board of Directors at their meeting held on February 12, 2026, which commenced at 02:00 P.M. and concluded at 06:45 P.M. The results were reviewed by the Audit Committee and subjected to a limited review by statutory auditors C. K. Chandak & Co. The company has maintained compliance with Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Fund Utilization Update

The company provided an update on the utilization of funds raised through a preferential issue dated September 04, 2025. Of the ₹9.50 crores raised for working capital requirements and business expansion, ₹2.375 crores have been utilized with no deviation from the stated objects.