Atlas Cycles (Haryana) Limited has received board approval for another extension in its ongoing land sale transaction, pushing the deadline for sale deed execution to June 30, 2026. The company informed stock exchanges about this development through a regulatory filing dated April 14, 2026.

Transaction Extension Details

The Board of Directors approved the extension request through a circular resolution, marking the latest development in the sale of 20 acres of company land situated in Sonepat, Haryana. This extension follows previous intimations made by the company on multiple dates throughout the transaction process.

Financial Progress

The company has made significant progress in receiving consideration for the land sale. According to the filing, Atlas Cycles has already collected a substantial portion of the agreed amount from the buyer.

Regulatory Compliance

The announcement was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, ensuring proper disclosure of material developments to stakeholders. The company has maintained transparency throughout the transaction process with regular updates to stock exchanges.

Previous Communications

This latest update continues a series of communications regarding the same transaction, with previous intimations dated January 16, 2026, October 31, 2025, May 29, 2025, and December 7, 2024. The company has committed to providing further updates as material developments occur in the transaction.

The filing was signed by Rashpal Singh, Company Secretary and Compliance Officer, maintaining the company's commitment to regulatory compliance and stakeholder communication throughout the land sale process.

Atlas Cycle (Haryana) Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling regulatory requirements under SEBI's dematerialization framework for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company filed the mandatory certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, with both the National Stock Exchange of India Limited and BSE Limited on April 7, 2026. Company Secretary and Compliance Officer Rashpal Singh signed and submitted the documentation to ensure regulatory adherence.

Registrar Confirmation

Mas Services Limited, serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate on April 2, 2026. The registrar confirmed that all securities received from Depository Participants for dematerialization during the specified quarter were processed within the mandatory 15-day timeline.

General Manager Sharwan Mangla from Mas Services Limited certified that the company maintained full compliance with regulatory requirements. The confirmation covers several critical aspects of the dematerialization process, ensuring proper handling of investor securities.

Process Compliance Details

The certificate confirms adherence to multiple regulatory requirements during the quarter:

• All securities received for dematerialization were confirmed within 15 days of receipt
• Security certificates were properly mutilated and cancelled after verification
• Depository names were substituted in the register of members as registered owners
• Updates were communicated to depositories and stock exchanges within the prescribed timeline
• The register of members was updated accordingly

Corporate Information

This quarterly filing demonstrates the company's commitment to maintaining regulatory compliance and ensuring smooth dematerialization processes for investor securities. The timely submission and comprehensive certification process reflects adherence to SEBI's framework for depositories and participants.