Gayatri Highways Limited has submitted its quarterly compliance certificate under SEBI Regulation 74(5) for the fourth quarter ended March 31, 2026. The filing demonstrates the company's adherence to mandatory regulatory requirements governing securities depositories and participants.

Regulatory Compliance Filing

The company filed the certificate with both major Indian stock exchanges on April 2, 2026. The submission was made to BSE Limited and the National Stock Exchange of India Limited, where the company's shares are actively traded.

Certificate Authentication

KFin Technologies Limited, serving as the company's Registrar and Share Transfer Agent, issued the compliance certificates on April 1, 2026. The certificates were signed by Ganesh Chandra Patro, Deputy Vice President at KFin Technologies Limited.

The certificates confirm that:

• Details of securities dematerialized and rematerialized during the quarter have been properly documented
• All required information has been furnished to stock exchanges where company shares are listed
• Compliance with SEBI (Depositories and Participants) Regulations 2018 has been maintained

Corporate Structure

Gayatri Highways Limited operates from its registered and corporate office located at the 5th Floor, A Block, TSR Towers, Raj Bhavan Road, Somajiguda, Hyderabad. The company holds CIN L45100TG2006PLC052146 and maintains its primary business operations in the infrastructure sector.

Regulatory Framework

The filing falls under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. This regulation mandates that companies provide quarterly certificates confirming proper handling of dematerialization and rematerialization processes for their securities.

The compliance certificate was submitted by P Raj Kumar, Company Secretary and Compliance Officer, ensuring the company meets its ongoing regulatory obligations to maintain transparency in securities handling and depository services.

Gayatri Highways Limited announced its unaudited standalone and consolidated financial results for the third quarter and nine months ended December 31, 2025. The Board of Directors approved these results at their meeting held on February 12, 2026, along with a significant corporate transaction proposal.

Standalone Financial Performance

The company's standalone operations showed mixed results across different periods. For the third quarter ended December 31, 2025, the company reported a net loss, while the nine-month period demonstrated profitability.

For the nine-month period ended December 31, 2025, the standalone results showed:

Consolidated Financial Results

The consolidated financial performance, which includes subsidiaries and jointly controlled entities, reflected similar trends with some variations due to group operations.

Corporate Transaction Approval

The Board approved a significant corporate transaction involving the execution of a Securities Purchase Agreement. The transaction involves:

Financial Position and Challenges

The company continues to face financial challenges, including defaulted term loans. Key financial position indicators include:

• Paid-up Equity Share Capital: ₹4,793.04 lakhs with face value of ₹2 per share
• Outstanding Term Loan Default: ₹5,015.86 lakhs as of December 31, 2025
• Finance Costs: ₹377.33 lakhs for Q3FY26, consistent with previous quarters

The auditors issued a qualified review report highlighting concerns about loan confirmations, impairment provisions, and subsidiary consolidation issues. The company's subsidiary Indore Dewas Tollways Limited is under liquidation proceedings, and its results are accounted for as discontinued operations.

Business Operations

Gayatri Highways Limited operates primarily in construction, investment, operations and maintenance of roads, highways, vehicle bridges and tunnels on BOT, BOOT, BOLT, and EPC basis. The company considers this as its single reportable business segment operating within India as a single geographical segment.