Banco products (India) Limited has submitted its quarterly confirmation certificate under SEBI regulations to both BSE Limited and National Stock Exchange of India Limited. The submission, dated April 6, 2026, relates to the quarter ended March 31, 2026, and demonstrates the company's adherence to regulatory compliance requirements.

Regulatory Compliance Submission

The company submitted the confirmation certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. This regulatory requirement ensures proper oversight of securities dematerialization processes and maintains transparency in the handling of investor securities.

Certificate Details and Verification

MUFG Intime India Private Limited, serving as the company's Registrar and Share Transfer Agent, issued the confirmation certificate on April 3, 2026. The certificate was signed by Ashok Shetty, Sr. Vice President-Corporate Registry, confirming compliance with dematerialization procedures.

The certificate confirms that:

• Securities received from depository participants for dematerialization during Q4FY26 were properly confirmed to depositories
• All securities comprised in the certificates have been listed on stock exchanges where previously issued securities are listed
• Security certificates received for dematerialization were confirmed or rejected within prescribed timelines
• Security certificates were mutilated and cancelled after due verification by depository participants

Stock Exchange Communication

Banco Products communicated with both major Indian stock exchanges as part of this regulatory submission. The company maintains its listing on BSE Limited under stock code 500039 and on National Stock Exchange of India Limited under trading symbol BANCOINDIA.

Company Information

Banco Products (India) Limited operates as a Government Recognised Export House with its registered office and factory located at Bil, Near Bhaili Railway Station, Padra Road, Dist. Vadodara, Gujarat. The company holds IATF 16949:2016 certification and maintains its corporate office in Vadodara, Gujarat.

This quarterly submission reflects the company's ongoing commitment to regulatory compliance and transparent communication with stakeholders and regulatory authorities.

Banco products (India) Limited has announced a key leadership change with the resignation of its Whole-time Director (Innovations) & Chief Technical Officer. The company disclosed this development to stock exchanges under regulatory compliance requirements on March 31, 2026.

Executive Departure Details

Mr. Venkata Ranganath Kumar Sami (DIN: 11090878) has resigned from his position as Whole-time Director (Innovations) & Chief Technical Officer, effective March 31, 2026, after close of business hours. The resignation was formally submitted on January 2, 2026, and he served the agreed three-month notice period.

Reason for Resignation

In his resignation letter addressed to Executive Director Mr. Sharan M Patel, Mr. Sami cited personal reasons for his departure. Specifically, he mentioned the need to relocate to his native place to be closer to his parents. The decision was described as personally driven rather than related to any professional or organizational factors.

Tenure and Contributions

Mr. Sami served the organization for two and a half years in his leadership capacity. During his tenure, he contributed significantly to several key areas:

• Technical leadership initiatives
• Capability building across the organization
• Strengthening market competitiveness
• Innovation-focused strategic development

In his resignation letter, Mr. Sami expressed gratitude for the experience, learning, and exposure gained during his time with the company. He acknowledged the trust, support, and opportunities extended by the leadership team.

Regulatory Compliance and Documentation

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made to both BSE Limited and National Stock Exchange of India Limited on March 31, 2026.

The complete documentation includes the resignation letter and required annexures as per regulatory requirements. Company Secretary Preeti Yadav signed the disclosure documents on behalf of Banco Products (India) Limited.

Transition Process

Mr. Sami committed to supporting a smooth and seamless transition during his notice period. The company has not yet announced details regarding succession planning or interim arrangements for the CTO position. The resignation represents a significant change in the company's innovation and technical leadership structure.