Ashish polyplast Limited has submitted its quarterly regulatory declaration to BSE Limited, fulfilling compliance requirements under Regulation 74(5) of the Depositories and Participants Regulations 2018 for the fourth quarter ended March 31, 2026.

Regulatory Compliance Submission

The company submitted the declaration on April 13, 2026, to the Listing Compliance Department of BSE Limited. The submission includes a certificate from the company's Registrar and Share Transfer Agent confirming adherence to dematerialisation requirements during the quarter.

RTA Confirmation Details

MUFG Intime India Private Limited (formerly Link Intime India Private Limited), serving as the company's Registrar and Share Transfer Agent, issued the confirmation certificate on April 1, 2026. The RTA holds SEBI Registration Number INRO00004058 and maintains physical records on behalf of Ashish Polyplast Limited.

Compliance Confirmation

The RTA has confirmed several key compliance aspects for the quarter:

• Securities received from depository participants for dematerialisation were properly confirmed to depositories
• All securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialisation were confirmed or rejected within prescribed timelines
• Certificates were mutilated and cancelled after due verification by depository participants
• Depository names were substituted in the register of members as registered owners

Company Information

Ashish Polyplast Limited operates as a manufacturer of PVC premium braided and suction hoses. The company, established in 1995, holds ISO 9001:2015 certification and is based in Ahmedabad, Gujarat. The submission was signed by Managing Director Ashish D Panchal (DIN: 00598209), while the RTA confirmation was provided by Ashok Shetty, Sr. Vice President-Corporate Registry at MUFG Intime India Private Limited.

Ashish Polyplast Limited, a Gujarat-based manufacturer of PVC premium braided and suction hoses, has announced its unaudited financial results for the third quarter ended December 31, 2025. The results were approved by the Board of Directors in their meeting held on January 23, 2026, and have been subjected to limited review by statutory auditors.

Financial Performance Overview

The company demonstrated improved profitability despite facing revenue challenges during the quarter. Net profit increased substantially to Rs.15.17 lakhs in Q3FY26 compared to Rs.2.13 lakhs in the corresponding quarter of the previous year, representing a significant improvement in bottom-line performance.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, the company reported mixed results with revenue declining but maintaining healthy profitability levels.

Operational Highlights

The company's cost management initiatives showed positive results during the quarter. Cost of materials consumed decreased to Rs.312.88 lakhs in Q3FY26 from Rs.345.99 lakhs in Q3FY25. The company also benefited from favorable inventory changes, with a positive impact of Rs.15.08 lakhs compared to an adverse impact of Rs.32.72 lakhs in the previous year.

Other income for the quarter included a net unrealized gain of Rs.11.00 lakhs on mutual fund investments due to mark-to-market valuation under Ind AS 109. For the nine-month period, the company recorded a net unrealized gain of Rs.40.94 lakhs on mutual fund investments.

Regulatory and Compliance Updates

The company noted the implementation of four Labour Codes by the Government of India, which became effective from November 21, 2025. These codes consolidate 29 existing labour laws, though the supporting rules are yet to be notified. Management believes the impact, if any, is unlikely to be material.

The results have been prepared in accordance with Indian Accounting Standards (Ind AS) and have undergone limited review as required under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company operates primarily in the PVC pipes business, which constitutes a single reportable segment.