Craftroot Retail Limited (formerly known as Nirbhay Colours India Limited) has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI Depositories and Participants Regulations for the quarter ended March 31, 2026.

Regulatory Compliance Submission

The company filed its confirmation certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 on April 8, 2026. Director Raghvendra Kulkarni (DIN: 06970323) signed the submission letter addressed to BSE Limited's Corporate Relationship Department.

Transfer Agent Confirmation

MCS Share Transfer Agent Limited, serving as the company's registrar and transfer agent, issued the confirmation certificate dated April 7, 2026. The transfer agent confirmed that all securities received from depository participants for dematerialization during the quarter were properly processed and confirmed to the depositories.

Key confirmations provided by the transfer agent include:

• Securities received for dematerialization were accepted or rejected as per regulations
• All securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialisation were mutilated and cancelled after due verification
• Depositories' names were substituted in the register of members as registered owners within 15 days

Company Information

Craftroot Retail Limited operates from its registered office at 61/201, 02nd Floor, Prerak Apartment Near Wagh Bakri Tea Depot, Gujarat College Road, Ahmedabad-380006, Gujarat. The company carries CIN L46411GJ1992PLC017863 and maintains its website at www.nirbhaycolours.com .

Compliance Framework

The submission demonstrates the company's adherence to SEBI's regulatory framework governing depositories and participants. Regulation 74(5) requires companies to submit quarterly confirmation certificates ensuring proper handling of dematerialization processes and maintaining accurate records of securities transactions.

The timely submission of this compliance certificate reflects the company's commitment to maintaining regulatory standards and transparent reporting practices in line with securities market regulations.

Craftroot Retail Limited (formerly known as Nirbhay Colours India Limited) has issued an important clarification regarding its Limited Review Report for the quarter ended December 31, 2025. The company's statutory auditors, A.L. Thakkar & Co. Chartered Accountants, identified and corrected a clerical error in the original report that had incorrectly stated the reporting period.

Error Details and Correction

The auditors discovered that due to an inadvertent clerical/typographical error, the reporting period was incorrectly mentioned as "Quarter ended March 31, 2026" in the Limited Review Report instead of the correct period "Quarter ended December 31, 2025." This error was identified in the report issued pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Auditor Confirmations

A.L. Thakkar & Co. provided comprehensive clarifications regarding the review process and the nature of the error. The auditors confirmed that the limited review procedures were duly carried out for the quarter ended December 31, 2025, in accordance with the applicable Standards on Review Engagements (SRE 2410) issued by the Institute of Chartered Accountants of India.

Key confirmations from the auditors include:

• The review was conducted exclusively for the quarter ended December 31, 2025
• Financial information considered pertains only to the December 31, 2025 period
• The error is purely clerical and does not affect review procedures performed
• No impact on the conclusion expressed in the Limited Review Report
• No changes to the financial results

UDIN and Revised Report

The auditors clarified that the Unique Document Identification Number (UDIN) mentioned in the original Limited Review Report was correctly generated for the quarter ended December 31, 2025. Since the UDIN already corresponds to the correct reporting period, no fresh UDIN is required for the revised Limited Review Report.

Regulatory Compliance

The clarification was addressed to the Board of Directors of Craftroot Retail Limited and copied to the Listing Compliance Department of BSE Limited. The company is issuing a revised Limited Review Report with the correct reporting period to rectify the clerical error, which should be read in substitution of the earlier report.

The auditors expressed regret for the inadvertent error and any inconvenience caused, emphasizing that the mistake was purely administrative and did not compromise the integrity of the review process or the accuracy of the financial results for the quarter ended December 31, 2025.

Source: None/Company/INE218T01010/06ce8750-012b-463b-9a53-592c0562cae2.pdf