Aksh Optifibre Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling regulatory requirements under SEBI regulations for the quarter ended March 31, 2026. The submission demonstrates the company's commitment to maintaining transparency and regulatory compliance as a listed entity.

Regulatory Compliance Certificate Submission

The company submitted the certificate pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 on April 07, 2026. The certificate was addressed to both major stock exchanges where the company's shares are listed.

KFin Technologies Confirmation

KFin Technologies Limited, serving as the company's Registrar and Share Transfer Agent, issued the confirmation certificate. The registrar confirmed compliance with all dematerialization procedures during the specified quarter, including timely processing of demat requests and proper maintenance of records.

The certificate confirms that during the reporting period, KFin Technologies:

• Confirmed demat requests within the stipulated 15-day timeframe
• Verified that securities were properly listed on relevant stock exchanges
• Mutilated and cancelled physical certificates after verification
• Updated the register of members with depository names as registered owners

Corporate Governance and Compliance

The submission was signed by Mayank Chadha, Company Secretary and Compliance Officer (ICSI M. No.: F13404), on behalf of AKSH Optifibre Limited. The certificate was also forwarded to both depositories - National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL).

This quarterly submission reflects AKSH Optifibre's ongoing commitment to regulatory compliance and corporate governance standards. The company continues to maintain proper documentation and reporting procedures as required for listed entities in the Indian capital markets.

Aksh optifibre Limited has secured a major legal victory as the Debt Recovery Tribunal (DRT) Jaipur has set aside the SARFAESI notices issued by Union Bank of India. The company disclosed this significant development to the stock exchanges under Regulation 30 of the SEBI listing regulations on March 27, 2026.

DRT Order Details

The Hon'ble DRT Jaipur passed a comprehensive order on March 24, 2026, which the company received on March 26, 2026. The tribunal's decision addressed the securitisation proceedings that had been initiated by Union Bank of India under the SARFAESI Act, 2002.

SARFAESI Notices Set Aside

The tribunal's order specifically set aside two critical notices that had been issued by Union Bank of India against the company:

• Demand Notice under Section 13(2) of the SARFAESI Act, 2002
• Possession Notice under Section 13(4) of the SARFAESI Act, 2002

These notices are typically issued by banks when initiating recovery proceedings against borrowers under the securitisation framework.

Legal Proceedings Background

The company had proactively filed a Securitisation Application before the DRT Jaipur in response to the bank's actions. During the proceedings, the tribunal had initially granted an interim stay, providing temporary relief to the company while the matter was under consideration.

Impact of the Order

The DRT's decision has effectively quashed the entire securitisation action initiated by Union Bank of India against AKSH Optifibre. This outcome represents a complete resolution in favor of the company, nullifying the bank's recovery proceedings under the SARFAESI framework.

The company has informed both NSE and BSE about this development, ensuring full compliance with disclosure requirements under the listing regulations. This legal victory provides significant relief to AKSH Optifibre from the recovery proceedings that had been initiated by the bank.