Avadh Sugar & Energy Limited has submitted its quarterly compliance certificate to stock exchanges in accordance with SEBI (Depositories and Participants) Regulations, 2018. The filing relates to the quarter ended March 31, 2026, and confirms the company's adherence to regulatory requirements for securities dematerialisation processes.

Regulatory Compliance Filing

The company filed the certificate on April 7, 2026, with both the National Stock Exchange of India Limited and BSE Limited. Company Secretary Prashant Kapoor (ACS – 15576) digitally signed and submitted the documentation to ensure compliance with SEBI regulations.

Registrar Confirmation

MUFG Intime India Private Limited, serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate on April 2, 2026. The certificate was signed by Ashok Shetty, Vice President – Corporate Registry, confirming proper handling of dematerialisation processes.

The registrar confirmed that securities received from depository participants for dematerialisation during the quarter ended March 31, 2026, were processed according to prescribed procedures. All securities comprised in the certificates have been listed on stock exchanges where the company's earlier issued securities are already listed.

Dematerialisation Process Compliance

The certificate validates that the company maintained proper compliance with dematerialisation requirements during the quarter. Key confirmations include:

• Securities received for dematerialisation were confirmed or rejected within prescribed timelines
• Security certificates were mutilated and cancelled after due verification by depository participants
• Depository names were substituted in the register of members as registered owners
• All processes adhered to SEBI regulatory framework

Corporate Information

Avadh Sugar & Energy Limited operates under the K. K. Birla Group of Sugar Companies umbrella. The company maintains its registered office at P.O. Hargaon, Dist. Sitapur, U.P., PIN 261 121, with corporate office located in Kolkata. The filing ensures continued regulatory compliance and transparency in securities handling processes for stakeholders and regulatory authorities.

Avadh Sugar & Energy Limited has issued a clarification to BSE Limited regarding recent significant movement in its equity share price, stating that the volatility appears to be purely market-driven with no undisclosed material events.

BSE Surveillance Inquiry Response

The company responded to BSE's surveillance email dated March 5, 2026, which sought clarification on the significant price movement in the company's equity shares. Company Secretary Prashant Kapoor signed the response on March 6, 2026, addressing the exchange's concerns about recent trading activity.

Regulatory Compliance Status

Avadh Sugar & Energy emphasized its adherence to regulatory requirements in its response to the stock exchange. The company provided detailed assurance regarding its compliance framework and disclosure practices.

Management Statement on Price Movement

The company's management provided a clear assessment of the recent share price activity. According to the official response, no material events have occurred that would require disclosure under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Key points from the management's clarification include:

• All material information and events requiring disclosure have been properly communicated to stock exchanges
• No undisclosed events exist that would impact share price
• The company maintains strict adherence to regulatory timelines for disclosures
• Future events requiring disclosure will be promptly communicated as per regulatory requirements

Market-Driven Movement Assessment

The company attributed the significant price movement to market forces rather than any specific corporate developments. This assessment suggests that external market conditions, investor sentiment, or sector-wide factors may have influenced the trading activity in the company's shares.

The response reinforces the company's commitment to transparency and regulatory compliance while providing clarity to investors and market participants about the nature of recent price movements.