Ashirwad steels & industries Limited has submitted its compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 to BSE Limited for the year ended March 31, 2026. The filing, dated April 9, 2026, fulfills mandatory regulatory requirements for listed companies regarding dematerialisation procedures.

Regulatory Compliance Certificate

The certificate was issued by Niche Technologies Private Limited, the company's registrar and share transfer agent, on April 6, 2026. The document confirms compliance with SEBI regulations governing the handling of securities received from depository participants during the specified period.

Dematerialisation Process Confirmation

Niche Technologies Private Limited confirmed that securities received from depository participants for dematerialisation during the quarter ended March 31, 2026 were properly processed. The registrar verified that all securities were confirmed to the depositories and that the securities comprised in the certificate have been listed on stock exchanges where the company's earlier issued securities are listed.

Certificate Verification Process

The compliance certificate details the complete verification process undertaken by the registrar. Key confirmations include:

• Securities received for dematerialisation were mutilated and cancelled after due verification
• The name of the depository was substituted in the register of members as the registered owner
• All procedures followed proper regulatory guidelines
• Securities maintain listing status on relevant stock exchanges

Company Information

Ashirwad Steels & Industries Limited operates from its registered and head office located at 6, Waterloo Street, Suite No. 506, Kolkata 700069. The company maintains its listing compliance through BSE Limited under scrip code 526847. Company Secretary Sonal Agarwal signed the submission letter confirming the filing with the stock exchange.

Ashirwad Steels & Industries Limited, a company primarily engaged in lending and investment business, has reported a significant increase in its net profit for the quarter ended September 30, 2025. The company's financial performance shows improvement across key metrics, as approved by the Board of Directors in their meeting held on November 6, 2025.

Financial Highlights

Key Points

1. Profit Growth: The company's net profit for Q2 2025 stood at ₹61.53 lacs, marking a 20.6% increase from ₹51.01 lacs in the same quarter last year.

2. Revenue Increase: Total income rose to ₹114.35 lacs, up 20.3% from ₹95.03 lacs year-on-year.

3. Half-Year Performance: For the six-month period:

   • Net profit marginally increased to ₹111.43 lacs from ₹110.70 lacs in the previous year.
   • Total income grew to ₹219.19 lacs from ₹199.57 lacs.

4. Earnings Per Share: The company's EPS for the quarter improved to ₹0.49 from ₹0.41 in the corresponding period last year.

5. Business Focus: Ashirwad Steels & Industries Limited operates primarily in lending and investment business rather than trading or industrial activities.

Management Approval

The unaudited financial results were approved by the Board of Directors in their meeting held on November 6, 2025. The meeting commenced at 03:00 P.M. and concluded at 04:40 P.M.

Auditor's Review

The financial results have undergone a limited review by the company's statutory auditors, C.K. Chandak & Co., Chartered Accountants. The review was conducted in accordance with the Standard on Review Engagements (SRE) 2410, as issued by the Institute of Chartered Accountants of India.

Investor Considerations

While the company has shown growth in both revenue and profit, investors should note that these results are unaudited and subject to limited review. The marginal increase in half-yearly net profit, despite a more substantial increase in revenue, may warrant attention to the company's cost management and operational efficiency.

Ashirwad Steels & Industries Limited continues to focus on its lending and investment operations, which appears to be yielding positive results as evidenced by the growth in total income and net profit. However, potential investors should conduct thorough research and consider the company's business model, market conditions, and future growth prospects before making investment decisions.