Jyothy laboratories has submitted its quarterly compliance certificate under SEBI Regulation 74(5) for the quarter ended March 31, 2026. The certificate confirms the company's adherence to dematerialisation requirements as mandated by the Securities and Exchange Board of India.

Regulatory Compliance Details

The certificate was issued by MUFG Intime India Private Limited, the company's registrar and share transfer agent, on April 3, 2026. Company Secretary Shreyas Trivedi submitted the document to both stock exchanges on April 6, 2026, maintaining compliance with regulatory timelines.

Stock Exchange Notifications

The compliance certificate was formally submitted to both major Indian stock exchanges where Jyothy Labs shares are listed. The company maintains its listing presence across multiple exchanges to ensure broad investor access.

Dematerialisation Process Confirmation

MUFG Intime India Private Limited confirmed that all securities received from depository participants during Q4FY26 were properly processed according to regulatory requirements. The registrar verified that securities received for dematerialisation were confirmed or rejected within prescribed timelines.

Key confirmations included in the certificate:

• Securities received for dematerialisation were properly confirmed to depositories
• Security certificates were mutilated and cancelled after verification
• Depository names were substituted in the register of members as registered owners
• All processes completed within prescribed regulatory timelines

Corporate Information

Jyothy Labs Limited operates from its registered office at Ujala House, Ramkrishna Mandir Road, Kondivita, Andheri (East), Mumbai. The company maintains its corporate identification number L24240MH1992PLC128651 and continues its regulatory compliance obligations as a publicly listed entity.

The submission of this quarterly certificate demonstrates the company's commitment to maintaining transparent investor relations and adhering to SEBI's regulatory framework for depositories and participants.

Jyothy laboratories has informed stock exchanges about significant developments regarding its income tax assessment for Assessment Year 2024-25. The company received both an assessment order and a subsequent rectification order on March 30, 2026, which resulted in the complete nullification of a substantial tax demand.

Income Tax Assessment and Rectification Details

The company initially received an income tax assessment order under Section 143(3) of the Income-tax Act, 1961, which raised a significant demand. However, the Income Tax Department issued a rectification order under Section 154 on the same date, completely nullifying the demand.

Reasons for Initial Demand

The tax demand primarily arose due to specific issues during the processing of the Return of Income:

• Prima facie computational errors resulting in an incorrect demand
• Issues of a recurring nature that the company has previously addressed successfully

The company noted that it has already received favorable orders from the Hon'ble Income Tax Appellate Tribunal and Hon'ble Commissioner of Income Tax (Appeals) in earlier years for similar recurring issues.

Company's Response and Future Actions

Jyothy Labs stated that it is in the process of filing an appeal against the assessment order, specifically relating to the recurring issues mentioned above. The rectification was carried out suo-motu by the Income Tax Department, which corrected apparent computational errors and granted appropriate credit for taxes paid.

Financial Impact Assessment

The company has assessed that there will be no material impact on its operations or financial position. Jyothy Labs explicitly stated that it does not foresee any material impact on its financials, operations, or other activities consequent to the said order.

Regulatory Compliance

This disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided detailed information as required under the SEBI Master circular, ensuring full transparency with stakeholders regarding the tax assessment developments.