Classic electricals Limited has notified BSE Limited that it will not be submitting the Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The company has claimed exemption under specific SEBI regulations applicable to smaller listed entities.

Regulatory Exemption Details

The company has invoked exemption under Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation provides relief to listed entities from corporate governance provisions when their paid-up equity share capital does not exceed Rs. 10 crore and net worth does not exceed Rs. 25 crore as on the last day of the previous financial year.

Consequently, the company is also exempt from submitting the Annual Secretarial Compliance Report under Regulation 24A of SEBI LODR Regulations, which was introduced through the 2018 amendment and BSE Circular dated May 9, 2019.

Financial Position

Based on the audited financial statements as of March 31, 2025, Classic Electricals Limited has certified the following financial parameters:

These figures demonstrate that the company's paid-up capital of approximately Rs. 1.91 crore is well below the Rs. 10 crore threshold, while its net worth of approximately Rs. 11.65 crore remains under the Rs. 25 crore limit specified in the regulations.

Compliance Communication

The formal communication was submitted to BSE Limited on April 15, 2026, and signed by Rupali Dhiman, Company Secretary and Compliance Officer. The notification serves to inform the stock exchange that the company will not be filing the mandatory secretarial compliance report due to its eligibility for regulatory exemption.

This exemption allows smaller listed companies to operate with reduced compliance burden while maintaining their listing status on the stock exchange.

Classic Electricals Limited has announced its unaudited financial results for the quarter and nine months ended 31st December, 2025, showing signs of operational recovery. The company's Board of Directors approved these results during their meeting held on 10th February, 2026.

Quarterly Performance Analysis

The company demonstrated a significant improvement in its quarterly performance for Q3FY26. Classic Electricals achieved a near-breakeven position with a minimal loss of ₹0.00 lacs compared to a substantial loss of ₹11.34 lacs in the corresponding quarter of the previous year.

Nine-Month Financial Turnaround

The nine-month period ending 31st December, 2025 showcased a remarkable financial turnaround for Classic Electricals. The company reported a profit of ₹14.07 lacs for the nine-month period, representing a significant improvement from the loss of ₹25.33 lacs recorded in the corresponding period of the previous year.

Revenue and Expense Structure

Classic Electricals' revenue structure remains focused on other income, as the company reported no revenue from operations during the quarter. Other income for Q3FY26 was ₹24.95 lacs, slightly higher than ₹24.04 lacs in Q3FY25.

The expense management showed mixed results during the quarter:

• Employee Benefits: ₹7.02 lacs (Q3FY26) vs ₹7.72 lacs (Q3FY25)
• Other Expenses: ₹15.18 lacs (Q3FY26) vs ₹21.63 lacs (Q3FY25)
• Finance Cost: ₹2.39 lacs (Q3FY26) vs ₹1.52 lacs (Q3FY25)
• Depreciation: ₹0.50 lacs (Q3FY26) vs ₹0.56 lacs (Q3FY25)

Financial Position and Compliance

The company maintained its paid-up share capital at ₹1,90,55,850, with each equity share having a par value of ₹10. The financial results were subjected to a limited review by M/s. A D V & Associates, Chartered Accountants, the company's statutory auditors.

Classic Electricals confirmed that these unaudited financial statements were prepared in accordance with Indian Accounting Standards (Ind AS) and comply with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company will publish these results in newspapers as per regulatory requirements under Regulation 47 of SEBI LODR.