Alicon Castalloy Limited has submitted its quarterly compliance certificate under SEBI regulations for the quarter ended 31st March, 2026. The company filed the mandatory certificate with stock exchanges on 13th April, 2026, confirming adherence to dematerialisation requirements.

Regulatory Compliance Filing

The certificate was issued under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. MUFG Intime India Private Limited, serving as the company's Registrar and Transfer Agent, provided the compliance confirmation.

Certificate Confirmation

MUFG Intime India Private Limited confirmed that securities received from depository participants for dematerialisation during the quarter were properly processed. The registrar verified that all securities comprised in the certificates have been listed on stock exchanges where the company's earlier issued securities are traded.

The certificate also confirmed that security certificates received for dematerialisation were appropriately mutilated and cancelled after due verification by the depository participant. The names of the depositories were substituted in the register of members as registered owners within prescribed timelines.

Submission Details

Vimal Gupta, Group Chief Financial Officer of ALICON CASTALLOY LIMITED, signed and submitted the compliance certificate. The document was filed with BSE Limited and National Stock Exchange of India Limited, with copies sent to National Securities Depository Limited and Central Depository Services India Limited.

This quarterly filing represents part of the company's ongoing regulatory compliance obligations under SEBI guidelines for listed companies and their interaction with depositories and participants in the securities market.

Alicon Castalloy Ltd has announced a significant leadership transition with the appointment of Mr. Sumit Bhatnagar as the new Chief Executive Officer, effective from the closing of business hours on March 31, 2026. The company informed stock exchanges about this change in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Leadership Transition Details

The CEO transition involves Mr. Sumit Bhatnagar, who was previously serving as CEO-Designate, officially taking over the charge from Mr. Rajeev Sikand, who superannuated on March 31, 2026. This transition was previously announced by the company in a letter dated September 5, 2025.

New CEO Profile and Experience

Mr. Sumit Bhatnagar brings substantial experience to his new role, with over 26 years in the automotive industry. His expertise spans multiple domains including business development, green field setup, operations, technology transfer, supply chain and logistics, human resources, and infrastructure.

Professional Background

Prior to joining Alicon Castalloy Ltd, Mr. Bhatnagar held several senior positions:

• Group President at ANAND (January 2017 onwards)
• Managing Director of ANEVOLVE (January 2022 onwards)
• Member of Anand Executive Board (since 2021)
• Head of Group Excellence in Manufacturing (since 2022)
• Senior Vice President and COO at Gabriel India Limited (June 2011 to December 2017)
• Business Head and General Manager at Anand CY Myutec (July 2008 to May 2011)

Educational Qualifications

Mr. Bhatnagar holds a BE in Production Engineering from Jawaharlal Nehru Engineering College, Aurangabad, and completed his PGDBM in Finance and Strategy from Indian Institute of Management, Kozhikode in 2011.

Outgoing CEO Details

Mr. Rajeev Sikand, who served as the Group Chief Executive Officer, retired through superannuation. According to the regulatory disclosure, he held 5,08,638 shares in the company at the time of his cessation.

Regulatory Compliance

The appointment has been made in accordance with Section 203 of the Companies Act, 2015, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Bhatnagar now serves as both Chief Executive Officer and Key Managerial Personnel.

The company has fulfilled all disclosure requirements under SEBI regulations and provided comprehensive information about both the incoming and outgoing executives to ensure transparency in the leadership transition.