Inspirisys solutions Limited has submitted its mandatory Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st March, 2026. The submission was made to both the National Stock Exchange of India Limited and BSE Limited on 8th April, 2026.

Regulatory Compliance Submission

The certificate was issued by MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, which serves as the Registrar and Share Transfer Agent for Inspirisys Solutions Limited. The document confirms compliance with SEBI regulations regarding dematerialisation processes during the specified quarter.

Certificate Confirmation Details

MUFG Intime India Private Limited confirmed that securities received from depository participants for dematerialisation during the quarter ended 31st March, 2026 were properly processed. The certificate states that all securities comprised in the certificates have been listed on stock exchanges where the company's earlier issued securities are already listed.

The registrar also confirmed that:

• Security certificates received for dematerialisation were confirmed or rejected within prescribed timelines
• Security certificates were mutilated and cancelled after due verification by depository participants
• Names of depositories were substituted in the register of members as registered owners
• All processes were completed in accordance with regulatory requirements

Corporate Communication

The submission was signed by S. Sundaramurthy, Company Secretary & Compliance Officer of Inspirisys Solutions Limited. The certificate from MUFG Intime India Private Limited was signed by Ashok Shetty, Sr. Vice President-Corporate Registry, dated April 3, 2026.

This regulatory filing demonstrates the company's commitment to maintaining compliance with SEBI regulations and ensuring proper documentation of dematerialisation processes for the benefit of shareholders and regulatory authorities.

Inspirisys Solutions Limited has secured a favorable outcome in its VAT litigation matters, with the Kerala Value Added Tax Appellate Tribunal dropping demands totaling ₹1.27 crores across two financial years. The company announced this development through a regulatory filing under SEBI's disclosure requirements on March 10, 2026.

Tribunal Decision Details

The Kerala Value Added Tax Appellate Tribunal, Ernakulam, heard the matter on January 29, 2026, and delivered its final order on March 10, 2026. The tribunal's decision resulted in the complete dismissal of VAT demands that had been pending against the company.

Background of the Litigation

The litigation originated when the Joint Commissioner (Intelligence), State Goods and Services Tax Department, Ernakulam, filed appeals against Order Nos. KVATA-933/2017 and 934/2017. These orders were originally passed by the Deputy Commissioner (Appeals) IV, Ernakulam, on September 23, 2017, and pertained to the financial years 2013-2014 and 2014-2015.

Regulatory Compliance

The company disclosed this development in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This follows the company's earlier intimation dated August 14, 2023, regarding pending material litigations that could impact the company's operations.

Case Resolution Summary

The tribunal's decision represents a complete resolution of both VAT matters in favor of Inspirisys Solutions Limited. The final order was received by the company on March 10, 2026, at 10:54 A.M. (IST), formally concluding the litigation proceedings that had been ongoing since the original assessments for the financial years 2013-14 and 2014-15.