Exim Routes Limited has confirmed full compliance with the Structured Digital Database (SDD) requirements for the financial year ended March 31, 2026, following a certification by Shubham Sinha & Associates. The certification validates the integrity of the company's internal systems used to handle Unpublished Price Sensitive Information (UPSI), ensuring that data is maintained securely and access is controlled. This confirmation is crucial for maintaining regulatory adherence and preventing insider trading practices.

Compliance Certification Details

The certification, submitted to the National Stock Exchange of India, verifies that Exim Routes has established a robust digital framework in line with Regulation 3(5) and 3(6) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The appointed Practising Company Secretaries confirmed that the database is non-tamperable and capable of retaining records for a minimum of eight years. An audit trail is maintained internally to monitor all activities within the system.

UPSI Capture and Event Recording

During the financial year, the company was required to capture three specific events involving UPSI. The certification confirms that Exim Routes successfully recorded all three mandated events, ensuring complete transparency regarding the nature of the information and the precise date and time of dissemination.

The filing was made by Richa Anand, Company Secretary & Compliance Officer of Exim Routes Limited, on May 30, 2026. The independent certification was provided by Shubham Ranjan Sinha, Proprietor of Shubham Sinha & Associates, based in Kolkata.

Exim Routes Limited announced its audited standalone and consolidated financial results for the year and half-year ended March 31, 2026. The company's Board of Directors approved the results, which were reviewed by the Audit Committee. The statutory auditors, NKSC & Co., issued an audit report with an unmodified opinion.

The company reported that it had raised ₹43.73 crore through its initial public offering (IPO) in December 2025. As of March 31, 2026, the total proceeds utilized stood at ₹28.80 crore, with ₹14.93 crore remaining unutilized and parked in fixed deposits and current accounts. The monitoring agency, CARE Ratings Limited, confirmed that the utilization was in accordance with the offer documents, though it noted that transactions were routed through multiple current accounts resulting in the commingling of funds.

The utilization of funds was allocated across specific objects. The highest utilization was observed in working capital requirements, where ₹9.00 crore was fully deployed towards the purchase of wastepaper containers from its UK subsidiary. Development and maintenance of the ERIS platform saw ₹0.64 crore utilized during the quarter, while ₹6.07 crore was spent on investment in office space to accommodate new hires. General corporate purposes accounted for ₹6.54 crore in utilization, covering expenses such as EMIs, salaries, and material purchases from subsidiaries.

Utilization of Issue Proceeds

The following table details the utilization of the IPO proceeds as of March 31, 2026:

Financial Performance and Segment Reporting

The consolidated financial results were prepared in accordance with Indian Generally Accepted Accounting Principles (IGAAP) as the company is exempt from adopting IND-AS. The group identified two reportable business segments: Sale of Services and Trading of Goods. Geographically, the operations are segmented into Within India and Overseas. The statement of deviation confirmed that there was no variation in the use of funds raised compared to the original objects disclosed in the offer document.