Fujiyama Power Systems Limited has completed the allotment of 4,90,828 equity shares to eligible employees under its Employee Stock Option Plan 2023. The company filed a resubmission of intimation with stock exchanges on April 28, 2026, correcting earlier incomplete disclosure regarding issue prices for the allotment.

Share Allotment Details

The allotment pertains to two separate tranches with different exercise prices. The company's earlier submission on April 25, 2026, contained incomplete disclosure with respect to the issue price, prompting the resubmission with complete and accurate details.

Post-Allotment Share Capital

Following this allotment, the company's total issued shares have increased significantly. The shares will be issued in dematerialised form and will rank pari passu with existing shares of the company.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Regulation 10(c) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The company had earlier filed the ESOP statement with BSE and NSE on March 17, 2026, under filing numbers BSE: 262201 and NSE: 54076.

The resubmission was signed by Mayuri Gupta, Company Secretary and Compliance Officer, who acknowledged the inadvertent error in the earlier filing and requested the exchanges to take the revised submission on record.

Fujiyama Power Systems Limited has submitted its quarterly compliance certificate to stock exchanges under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The regulatory filing confirms the company's adherence to dematerialisation requirements and provides transparency regarding share holding patterns.

Regulatory Compliance Status

The company filed the certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 on April 08, 2026. Company Secretary and Compliance Officer Mayuri Gupta signed the compliance document, confirming that the regulation is not applicable to the company due to specific circumstances regarding share holdings.

Share Dematerialisation Confirmation

The compliance certificate reveals that Fujiyama Power Systems maintains complete dematerialisation of its share holdings. The entire shareholding of the company remains in demat form, with no physical share certificates outstanding. This complete dematerialisation status exempts the company from certain regulatory requirements under SEBI guidelines.

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, serves as the company's Registrar and Share Transfer Agent. The RTA confirmed that no rematerialisation requests were received from shareholders during the quarter ended March 31, 2026.

RTA Certification Details

Vice President-Corporate Registry Ashok Shetty from MUFG Intime India Private Limited provided the confirmation certificate dated April 07, 2026. The RTA's certification forms the basis for the company's regulatory filing, ensuring compliance with SEBI depositories regulations.

Stock Exchange Communication

The compliance certificate was simultaneously submitted to both National Stock Exchange of India Limited and BSE Limited. The company trades under scrip symbol UTLSOLAR on NSE and scrip code 544613 on BSE. The filing ensures regulatory transparency and maintains the company's good standing with stock exchange requirements.

Fujiyama Power Systems has made the compliance information available on its corporate website at utlsolarfujiyama.com, providing stakeholders with easy access to regulatory filings and maintaining transparency standards.