El forge Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The submission, dated April 7, 2026, covers the quarter ended March 31, 2026, and demonstrates the company's commitment to maintaining proper regulatory compliance in its share transfer operations.

Regulatory Compliance Details

The certificate was issued under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, by Integrated Registry Management Services Private Limited, which serves as the company's Registrar and Share Transfer Agent. The compliance certificate confirms that all securities received from depository participants for dematerialisation during the quarter were properly processed within stipulated timeframes.

Certificate Confirmation

The registrar's certificate confirms several key compliance aspects for the reporting quarter. All securities received for dematerialisation were confirmed to both depositories - National Securities Depository Limited and Central Depository Services (India) Limited - as well as to every stock exchange where the company's securities are listed. The certificate also confirms that security certificates received for dematerialisation were properly mutilated and cancelled after due verification by depository participants.

Administrative Details

The submission was made by R Sowmithri, Company Secretary and Compliance Officer of EL Forge Limited, through a digitally signed communication to BSE Limited's Corporate Relationship Department. The company maintains its registered office at Sriperumbudur High Road, Kattangulathur, Chengalpattu District, with its corporate office located at A.R.K. Colony, Eldams Road, Alwarpet, Chennai.

Regulatory Framework

This quarterly submission forms part of the mandatory reporting requirements under SEBI regulations designed to ensure proper handling of dematerialised securities. The regulation requires companies to confirm that securities received for dematerialisation are processed correctly and that the names of depositories are substituted in the register of members as registered owners within the prescribed time limits.

EL Forge Limited has announced its unaudited standalone financial results for the third quarter of FY26 ended December 31, 2025. The Chennai-based steel forging manufacturer reported mixed performance with revenue growth but declining profitability compared to the corresponding quarter of the previous year.

Financial Performance Overview

The company's quarterly performance showed revenue growth alongside margin pressures:

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, EL Forge demonstrated consistent operational performance:

Cost Structure and Expenses

The company's expense analysis reveals key operational metrics for Q3FY26:

• Cost of materials and services consumed: Rs 1,171.07 lakh
• Employee benefits expense: Rs 351.96 lakh
• Finance costs: Rs 11.63 lakh
• Depreciation and amortization: Rs 28.10 lakh
• Other expenses: Rs 460.47 lakh

Total expenses for the quarter amounted to Rs 1,972.26 lakh compared to Rs 1,850.76 lakh in Q3FY25.

Business Segments

EL Forge operates through two distinct business segments as per Indian Accounting Standards (Ind AS) 108:

• Steel Forgings Manufacturing and Sales: Primary revenue generator
• Land and Development: Classified under "Other Operating Income-Land"

The forgings segment contributed Rs 2,023.29 lakh in revenue for Q3FY26, with segment profit of Rs 50.77 lakh.

Financial Position

As of December 31, 2025, the company's financial position showed:

Regulatory Compliance and Publication

Pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, EL Forge Limited published the extract of its unaudited financial results in newspapers. The company submitted newspaper cuttings to BSE Limited on February 10, 2026, confirming publication in:

Corporate Governance

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 results have been prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013, and comply with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company's statutory auditor, D. Venkatesan, conducted a limited review of the financial results and confirmed that nothing came to attention suggesting the statements were not prepared in accordance with applicable accounting standards.