Aditya ispat Limited has submitted its quarterly confirmation certificate under SEBI Depositories Regulations for the quarter ended March 31, 2026. The submission was made to the Bombay Stock Exchange on April 10, 2026, demonstrating the company's commitment to regulatory compliance.

Regulatory Compliance Certificate

The certificate was issued under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. This regulatory requirement ensures proper handling and processing of securities during dematerialization processes.

Certificate Details and Confirmations

XL Softech Systems Limited, serving as the company's registrar, issued the confirmation certificate on April 2, 2026. The certificate confirms several critical compliance aspects:

• Securities received from depository participants for dematerialization during Q4FY26 were properly confirmed to depositories
• All securities comprised in certificates have been listed on the stock exchange where earlier issued securities are listed
• Security certificates received for dematerialization were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners within the required 30-day timeframe

Corporate Governance

The submission was signed by CS Varsha Pandey, Company Secretary cum Compliance Officer, with membership number A72878. The digital signature was applied on April 10, 2026, ensuring proper authentication of the regulatory filing.

Company Information

Aditya Ispat Limited operates from its registered office and works located at Plot No. 20, Phase V, IDA, Jeedimetla, Hyderabad. The company maintains its corporate website at www.adityaispat.com and holds Udyam registration TS-20-0001177.

This quarterly submission reflects the company's ongoing commitment to maintaining transparency and compliance with SEBI regulations governing depositories and participant operations.

Aditya Ispat Limited has successfully executed a Business Transfer Agreement (BTA) with Jai Bapji Ispat Private Limited for the slump sale of its manufacturing and trading activity of non-alloy steel business. The company disclosed comprehensive transaction details to BSE on March 31, 2026, following the execution of the agreement and completion of the postal ballot process that achieved overwhelming shareholder approval.

Business Transfer Agreement Execution

The company executed the BTA on March 31, 2026, with Jai Bapji Ispat Private Limited, a related party and promoter group company. The transaction involves the slump sale of the manufacturing and trading activity of non-alloy steel business on a going concern basis, effective from March 1, 2026.

Financial Impact and Business Rationale

The slump sale unit contributed significantly to the company's operations during the last financial year. The transaction represents a strategic restructuring initiative aimed at addressing sustained losses and improving the company's financial position.

The company cited sustained losses primarily attributable to high finance costs, declining margins in the non-alloy steel segment, and adverse industry conditions as key factors driving the decision. The accumulated losses have resulted in substantial erosion of net worth and weakening of the financial position.

Transferee Company Profile

Jai Bapji Ispat Private Limited, the acquiring entity, is engaged in trading of non-alloy steel and alloy steel. The company's financial profile for FY 2024-25 shows modest operations compared to the transferor.

Postal Ballot Results and Regulatory Compliance

The transaction received overwhelming shareholder approval through the postal ballot process concluded on March 29, 2026. The voting results demonstrated strong confidence in the company's strategic restructuring decision.

The company has fulfilled all regulatory requirements under Regulation 30 of SEBI Listing Regulations and submitted comprehensive disclosures including the scrutinizer's report. The transaction is being undertaken at arm's length pricing despite being with a related party. The consideration amount of ₹3,67,63,000 will be subject to further adjustments of net working capital up to February 28, 2026.