Avalon Technologies Limited has submitted its quarterly regulatory certificate to the stock exchanges for the quarter ended March 31, 2026, confirming compliance with SEBI depositories regulations. The filing demonstrates the company's adherence to mandatory reporting requirements for listed entities.

Regulatory Compliance Certificate

The certificate was filed pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. Company Secretary and Compliance Officer Mr. Ajay Shukla signed the document on April 13, 2026, addressing both BSE Limited and the National Stock Exchange of India Limited.

Registrar Confirmation

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, serves as Avalon Technologies' Registrar and Share Transfer Agent. The registrar provided confirmation that no requests for dematerialization or rematerialization of equity shares were received during the quarter ended March 31, 2026.

Sr. Vice President – Corporate Registry Ashok Shetty signed the confirmation certificate on April 3, 2026, validating the company's compliance status for the reporting period.

Share Dematerialization Status

Avalon Technologies maintains complete dematerialization of its equity shares, with 100% of shares held in electronic form. The company has maintained this status since its listing on both BSE Limited and National Stock Exchange of India Limited on April 18, 2023.

The quarterly certificate filing represents standard regulatory compliance for listed companies, ensuring transparency in share transfer and dematerialization processes. This documentation provides stakeholders with confirmation of the company's adherence to SEBI regulations governing depositories and participant activities.

Avalon Technologies Limited has completed the allotment of 7,188 equity shares to employees under its Employee Stock Option Plan, marking another milestone in the company's employee incentive program. The allotment was executed following the exercise of Employee Stock Options by eligible employees under the established ESOP framework.

ESOP Allotment Details

The Nomination and Remuneration Committee approved the share allotment through Circular Resolution on March 12, 2026. The committee authorized the issuance of shares under the "AVALON - Employee Stock Option Plan 2022" scheme, demonstrating the company's commitment to employee participation in ownership.

Impact on Share Capital

The allotment has resulted in an increase in the company's paid-up capital structure. The share capital expansion reflects the successful implementation of the employee stock option program and demonstrates employee confidence in the company's growth prospects.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The formal communication was submitted to both BSE Limited and The National Stock Exchange of India Limited, ensuring transparency in corporate actions.

Company Secretary & Compliance Officer Mr. Ajay Shukla signed the disclosure document, confirming the completion of all regulatory requirements associated with the ESOP allotment process.