H.M. Electro Mech Limited has issued a clarification to BSE Limited regarding significant movement in its share price on April 10, 2026. The company responded to a specific inquiry from the stock exchange through an official communication signed by Whole Time Director Mahendra Ramabhai Patel.

Company's Response to BSE Inquiry

The clarification was issued in response to BSE's letter numbered L/SURV/ONL/PV/APJ/2026-2027/3621 dated April 10, 2026, which sought explanation for the notable price movement in the company's shares. H.M. Electro Mech Limited trades on BSE under the security code 544349 with the security ID HMEML.

Regulatory Compliance Statement

The company emphasized its commitment to regulatory compliance, stating that it has made all relevant disclosures in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The management confirmed that there is no pending information or announcement from the company that is price-sensitive and could have contributed to the significant share price movement.

Market-Driven Price Movement

H.M. Electro Mech Limited attributed the share price movement to purely market-driven factors, clarifying that the company has no control over such market dynamics. The company assured stakeholders that it will continue to inform the stock exchange about all relevant and material information that is price-sensitive as required under SEBI regulations.

Future Disclosure Commitments

The company reaffirmed its commitment to transparency and regulatory compliance. Management assured that H.M. Electro Mech Limited will continue to provide timely disclosures of all price-sensitive information to the stock exchange as mandated under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time.

H.M. Electro Mech Limited has fulfilled its quarterly regulatory compliance obligations by submitting the required certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st March, 2026. The submission was made to BSE Limited on 07th April, 2026, demonstrating the company's commitment to maintaining transparency and regulatory adherence.

Regulatory Compliance Details

The certificate was submitted under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, which mandates quarterly reporting by listed companies regarding their share transfer and demat activities. The document was signed and submitted by Mahendra Ramabhai Patel, Whole Time Director of the company, bearing DIN: 02190228.

Certificate Confirmation

Cameo Corporate Services Limited, serving as the company's Registrar and Share Transfer Agents, issued the certificate on 01st April, 2026. The certificate confirms a significant operational aspect of the company's share structure - that no demat requests were received during the quarter ended 31st March, 2026.

This confirmation indicates that all shares of H.M. Electro Mech Limited are maintained in electronic form through the depository system, with no shares remaining in physical mode. This complete digitization of share holdings reflects modern market practices and eliminates the need for physical share certificate processing.

Company Operations

H.M. Electro Mech Limited operates as an authorized sales and service provider for Wilo brand products, specifically under the Mather+Platt division. The company is headquartered at 305, Ashram Avenue, B/H. Kochrab Ashram, Paldi, Ahmedabad-380006, Gujarat, and maintains its corporate identity under CIN No: L45500GJ2018PLC102018.

Regulatory Framework

The SEBI (Depositories and Participants) Regulations, 2018 require listed companies to submit quarterly certificates confirming their compliance with share transfer and demat processing requirements. This regulatory framework ensures transparency in share transactions and maintains investor confidence in the capital markets system.