Ashoka Metcast Limited has fulfilled its regulatory compliance obligations by submitting the mandatory certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The submission was made to both BSE Limited and National Stock Exchange of India Limited on April 13, 2026.

Regulatory Compliance Details

The certificate was issued by Bigshare Services Private Limited, which serves as the Registrar and Share Transfer Agent (RTA) for Ashoka Metcast Limited. This quarterly filing is a mandatory requirement under SEBI regulations to ensure transparency in the dematerialization process of securities.

Certificate Confirmation

According to the certificate issued by Bigshare Services Private Limited, no securities were received from depository participants for dematerialization during the quarter ended March 31, 2026. The RTA confirmed that since there were no securities for dematerialization, no certificates were mutilated and cancelled, and consequently, there was no substitution of the name of depositories in the register of members as registered owner within 15 days of receipt of certificate of securities.

Company Information

Ashoka Metcast Limited operates from its registered office located at 7th Floor, Ashoka Chambers, opposite HCG Hospital, Mithakhali Six Roads, Mithakhali, Ahmedabad – 380006, Gujarat, India. The company maintains its corporate website at www.ashokametcast.in and can be contacted via email at info@ashokametcast.in .

Regulatory Framework

The submission references SEBI circulars NSDL/CIR/II/5/2019 dated January 25, 2019, and CDSL/OPS/RTA/POLICY/2019/14 dated January 25, 2019, along with SEBI letter ref no. MRD/DOP2/DSA2/OW/2019/2498/1 dated January 24, 2019. These regulatory guidelines mandate regular reporting on dematerialization activities to maintain transparency in the securities market.

The certificate was signed by Ashok Shah, Managing Director of Ashoka Metcast Limited (DIN: 02467830), and submitted with the company's official seal from Ahmedabad.

Ashoka Metcast Limited has successfully conducted its separate meeting of Independent Directors on March 23, 2026, and informed stock exchanges about the meeting outcomes. The company communicated the results to both BSE Limited and National Stock Exchange of India Limited on the same day, fulfilling its obligations under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Execution and Timeline

The separate meeting of Independent Directors was held on Monday, March 23, 2026, from 12:30 PM to 12:40 PM at the company's registered office. This meeting was conducted pursuant to Regulation 25(3) of SEBI regulations, which mandates independent directors to conduct periodic separate meetings without the presence of non-independent directors and management.

Meeting Outcomes and Deliberations

The Independent Directors successfully reviewed and considered all three key areas of corporate governance during their separate meeting. The agenda items were comprehensively addressed within the 10-minute meeting duration.

The meeting outcomes included:

• Review of the performance of Non-Independent Directors and the Board of Directors as a whole
• Assessment of the performance of the chairperson of the Company
• Evaluation of the quality, quantity and timeliness of flow of information between the management and the Board of Directors

Regulatory Compliance and Communication

The company promptly communicated the meeting outcomes to stock exchanges on the same day. The intimation was signed by Ashok C. Shah, Managing Director (DIN: 02467830), and sent to both BSE Limited (Security Code: 540923) and National Stock Exchange of India Limited (Security Symbol: ASHOKAMET).

Corporate Governance Achievement

The successful completion of this separate meeting represents the fulfillment of a critical component of the company's corporate governance framework. Independent Directors have effectively discharged their oversight responsibilities by conducting objective evaluation of board effectiveness and management performance.

The assessment of information flow between management and the board ensures directors can effectively discharge their fiduciary duties. This independent evaluation strengthens board effectiveness and enhances shareholder confidence in Ashoka Metcast Limited's governance practices, demonstrating the company's commitment to maintaining robust regulatory compliance and governance standards.