Flywings Simulator Training Centre Ltd. has submitted the Compliance Certificate for its Structured Digital Database (SDD) for the financial year ended March 31, 2026, confirming adherence to Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The certification validates the company's internal controls regarding the maintenance and security of Unpublished Price Sensitive Information (UPSI).

The certificate, received from Mr. Sumit Bajaj, Proprietor of Sumit Bajaj and Associates, Practicing Company Secretaries, confirms that the company maintains a non-tamperable database with a defined access control structure. The system captures the nature of UPSI along with the precise date and time of dissemination, maintaining an audit trail for a period of 8 years.

Compliance Status and Event Capture

The certification process verified that the company was required to capture 1 event during the financial year ended March 31, 2026, and successfully captured the said event. The auditor reported that no non-compliance was observed during FY26 and no remedial actions were required.

The company was listed on the National Stock Exchange Limited on December 12, 2025. The submission of this compliance certificate is a regulatory requirement to ensure transparency and prevent insider trading activities.

Key Certification Details

Flywings Simulator Training Centre Limited held an Extra Ordinary General Meeting (EGM) on May 28, 2026, approving the variation in utilization of funds raised through its Initial Public Offer (IPO). The meeting, held at the company's registered office in Gurugram, also sanctioned the alteration of the Main Objects as set out in the Memorandum of Association. These decisions were passed as special resolutions, allowing the company to modify its capital allocation strategy and corporate objectives.

The EGM was convened in compliance with the Companies Act, 2013, and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mrs. Rupal Sanjay Mandavia, Managing Director and Chairperson of the Board, presided over the meeting, which commenced at 03:00 PM and concluded at 03:30 PM. Mr. Sumit Bajaj, Practicing Company Secretary, was appointed as the Scrutinizer to oversee the voting process.

Shareholders were provided with a remote e-voting facility facilitated by Bigshare Services Private Limited from May 25, 2026, to May 27, 2026. Members who did not vote remotely were permitted to cast their votes via ballot paper at the venue. The detailed voting results will be submitted to the National Stock Exchange of India Limited and made available on the company's website.

The two special resolutions tabled at the meeting addressed key structural changes for the company. The first resolution sought approval for the variation in the use of IPO funds originally outlined in the Prospectus dated December 10, 2025. The second resolution concerned the alteration of the Main Objects in Clause III(A) of the Memorandum of Association, reflecting a shift in the company's operational focus.

Meeting Particulars

Resolutions Passed