Eimco Elecon (India) Limited has filed its Annual Secretarial Compliance Report for the financial year ended 31st March, 2026, with both BSE and NSE. The report, submitted under Regulation 24A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, demonstrates the company's commitment to maintaining high standards of corporate governance and regulatory compliance.

Clean Compliance Record

The secretarial audit conducted by Mr. J. J. Gandhi, Proprietor of M/s J. J. Gandhi & Co., Practicing Company Secretary, revealed no deviations from applicable regulations during the review period. The comprehensive examination covered multiple aspects of regulatory compliance and corporate governance practices.

Regulatory Framework Coverage

The secretarial review examined compliance with various SEBI regulations and guidelines. The audit covered key regulatory frameworks including the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.

Key Areas Examined

• Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
• Corporate governance policies and their timely adoption
• Related party transaction approvals through Audit Committee
• Performance evaluation of Board and Independent Directors
• Preservation of documents as per prescribed policies

Corporate Governance Highlights

The report confirms that Eimco Elecon maintained robust corporate governance practices throughout FY26. The company obtained prior approval from the Audit Committee for all related party transactions and conducted performance evaluations of the Board, Independent Directors, and Committees as prescribed.

Auditor Assessment

The practicing company secretary confirmed that no actions were taken against the listed entity, its promoters, directors, or subsidiaries by SEBI or stock exchanges during the review period. The company maintained proper records and demonstrated effective compliance with all applicable secretarial standards issued by the Institute of Company Secretaries of India.

The report was digitally signed by Company Secretary & Compliance Officer Rikenkumar Dalwadi on 15th April, 2026, and submitted to both BSE (Company Code 523708) and NSE (Symbol EIMCOELECO - Series EQ) for regulatory compliance.

Eimco Elecon (India) Limited has announced the launch of two new battery-operated vehicles designed specifically for underground coal mining operations. The company introduced the UV-A-BE multi-utility vehicle and MCAR-E personnel transport vehicle on April 14, 2026, as part of its Make in India initiatives.

Product Launch Details

The company filed the product launch announcement under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Both products are designed to serve the domestic underground coal mining market.

UV-A-BE Multi-Utility Vehicle

The UV-A-BE is a battery-operated multi-utility vehicle designed for material transport in underground mining operations. The vehicle is engineered to handle diverse underground transport needs including coal, minerals, spares, and other operational supplies.

Key Specifications:

• Payload capacity: Up to 10 tonnes
• Height: 1.5 meters (suitable for low-height mining environments)
• Power source: Battery-operated for zero-emission operation
• Safety compliance: Meets explosion-protection standards for Degree One gassy coal mines
• Safety features: Flameproof and intrinsically safe systems

The compact design enables operation in constrained mining environments while maintaining high productivity and operational flexibility.

MCAR-E Personnel Transport Vehicle

The Mine Car – E (MCAR-E) is a fully indigenous battery-operated vehicle specifically designed for personnel transport in low-seam mining operations. The vehicle addresses the critical need for efficient workforce movement in underground mining environments.

Technical Features:

• Height: 1.35 meters (optimized for low-seam operations)
• Capacity: Fourteen personnel plus one driver
• Design: Compact configuration for constrained underground environments
• Operation: Zero-emission battery-powered system
• Build quality: Meets rigorous safety and durability standards

The MCAR-E is designed to optimize workforce movement and enhance operational productivity in challenging underground conditions.

Strategic Significance

Both vehicles represent Eimco Elecon's commitment to indigenous manufacturing and innovation in underground mining solutions. The products are developed as part of the company's Make in India initiatives, reinforcing its focus on domestic manufacturing capabilities.

The launch expands the company's product portfolio in underground coal mining equipment, addressing specific operational challenges in low-height and constrained mining environments. The battery-operated design of both vehicles aligns with industry trends toward cleaner and more efficient mining operations.