Atlanta Electricals Limited has filed its mandatory compliance certificate under SEBI regulations for the quarter ended 31st March, 2026. The company submitted the Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 to both BSE Limited and National Stock Exchange of India Limited on 6th April, 2026.

Regulatory Compliance Details

The certificate was issued by MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, which serves as the Registrar and Share Transfer Agent for Atlanta Electricals Limited. Company Secretary and Compliance Officer Tejalben Saunakkumar Panchal signed and submitted the compliance document to the stock exchanges.

Certificate Confirmation

MUFG Intime India Private Limited confirmed compliance with SEBI regulations regarding securities dematerialisation processes. The Registrar and Transfer Agent, through Sr. Vice President-Corporate Registry Ashok Shetty, certified that all securities received from depository participants for dematerialisation during Q4FY26 were properly processed.

The confirmation certificate states that:

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

Company Information

Atlanta Electricals Limited is located at Plot No. 1503/4, GIDC Estate, Vithal Udyognagar, Anand, Gujarat. The company maintains its compliance obligations through MUFG Intime India Private Limited, which operates from its registered address at C-101, Embassy 247, L.B.S. Marg, Vikhroli (West), Mumbai.

This quarterly compliance certificate submission demonstrates Atlanta Electricals Limited's adherence to SEBI's regulatory framework for depositories and participants, ensuring proper handling of dematerialised securities during the quarter ended 31st March, 2026.

Atlanta Electricals Limited has achieved a significant milestone by receiving approval from Power Grid Corporation of India Limited (PGCIL) for manufacturing up to 400KV class transformers at its Vadod facility. This development positions the company to participate in large Extra High Voltage (EHV) tenders and supports India's grid modernization initiatives.

Regulatory Approval and Facility Capabilities

The PGCIL approval represents a pivotal achievement reached within one year of establishing the Vadod facility. The approval validates Atlanta Electricals' technical capabilities and commitment to EHV class transformer supplies, subject to meeting qualifying requirements for 400KV transformers and completion of short-circuit testing.

The facility had previously received NABL accreditation for in-house testing of units up to 400KV, demonstrating the company's comprehensive testing capabilities. The combination of both PGCIL and NABL approvals enables Atlanta Electricals to compete in large EHV tenders and work toward achieving peak 63,000 MVA utilization.

Strategic Market Position

Mr. Niral Patel, Chairman and Managing Director of Atlanta Electricals Limited, emphasized that the approval validates the company's recent investments in the Vadod facility. He noted that the certification enables production of high-MVA units at scale, which is critical for India's grid modernization and renewable energy evacuation requirements.

The approval supports Atlanta Electricals' growth strategy in the renewable energy sector and aligns with India's substantial transmission infrastructure investment plan of INR 9.60 trillion through 2032. This positioning allows the company to participate in the expanding market for grid modernization and capacity expansion projects.

Company Background and Manufacturing Capabilities

Atlanta Electricals Limited operates with over 30 years of industry experience, maintaining a diversified portfolio that includes power transformers, auto transformers, and inverter duty transformers. The company manufactures and supplies power transformers ranging from 5 MVA/11 kV up to 500 MVA/765 kV across five facilities located in Gujarat and Karnataka.

As of December 31, 2025, the company has supplied 4,710 transformers with a total capacity of 1,07,229 MVA across India. This track record demonstrates Atlanta Electricals' established presence in the transformer manufacturing sector and its capability to serve India's power infrastructure requirements.

Market Implications

The PGCIL approval enhances Atlanta Electricals' competitive position in the EHV transformer market, particularly for projects involving renewable energy integration and grid strengthening. The certification enables the company to participate in large-scale transmission projects that require high-capacity transformers for efficient power evacuation and distribution.

This development supports the company's strategy to capitalize on India's expanding transmission infrastructure investments and the growing demand for reliable transformer solutions in the renewable energy sector.