Dalal Street Investments Limited has informed BSE Limited about its exemption from submitting the Annual Secretarial Compliance Report under SEBI Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirement) Amendment Regulations 2018.

Regulatory Background

The Securities and Exchange Board of India (SEBI) through its circular no CIR/CFD/CMD1/27/2019 dated February 8, 2019, prescribed the format for Annual Secretarial Compliance Report to be submitted by a Company Secretary in Practice to listed entities. This report covers compliance with all applicable SEBI regulations and circulars, and must be submitted to stock exchanges within 60 days of the financial year end.

Exemption Criteria

SEBI clarified through Circular Nos. LIST/COMP/10/2019-20 dated May 9, 2019 and LIST/COMP/12/2019-20 dated May 14, 2019 that the Annual Secretarial Compliance Report requirement does not apply to listed entities that have claimed exemption under Regulation 15(2) of SEBI (LODR) 2015.

Company's Position

Dalal Street Investments Limited meets the criteria specified under Regulation 15(2) of the SEBI (LODR) Regulation 2015, as the company's paid-up equity share capital does not exceed Rs. 10 crores and net worth does not exceed Rs. 25 crores as on March 31, 2026.

Regulatory Disclosure

The company has made this disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirement) Regulations 2015, as amended from time to time. The communication was signed by Director Murzash Manekshana (DIN: 00207311) and submitted to BSE Limited on April 7, 2026.

This exemption allows the company to avoid the compliance burden of preparing and submitting the Annual Secretarial Compliance Report, which is typically required for larger listed entities that do not qualify for the exemption under Regulation 15(2).

Dalal Street Investments Limited announced its unaudited financial results for the third quarter and nine months ended December 31, 2025. The company reported a challenging quarter with significant decline in profitability compared to the previous year.

Financial Performance Overview

The company's financial performance showed a marked deterioration during the quarter. Key financial metrics demonstrate the challenges faced by the organization during this period.

Expense Analysis

Total expenses for the quarter amounted to ₹18.36 lakhs compared to ₹16.29 lakhs in Q3 FY24. The expense breakdown shows increases across most categories:

Nine-Month Performance

For the nine months ended December 31, 2025, the company reported contrasting results compared to the previous year:

Key Financial Ratios

The company's financial ratios as of December 31, 2025, reflect the current financial position:

Comprehensive Income Impact

The company faced additional challenges from other comprehensive income, recording a loss of ₹8.91 lakhs on fair value of equity/mutual fund investments during the quarter. This resulted in total comprehensive income of (₹27.08 lakhs) for Q3 FY26.

Board Approval and Compliance

The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 9, 2026. The meeting commenced at 9:00 AM and concluded at 12:30 PM. The results have been prepared in accordance with Indian Accounting Standard 34 and comply with SEBI regulations. The trading window for the company's securities will open 48 hours after the announcement of results, as per the company's insider trading prevention code. The results are being uploaded on the company's website and will be published in newspapers as per regulatory requirements.