khaitan (India) Limited has filed its quarterly compliance certificate with stock exchanges, fulfilling mandatory regulatory requirements under SEBI regulations for the fourth quarter of fiscal year 2026. The submission confirms the company's adherence to dematerialisation compliance standards for the period ending March 31, 2026.

Regulatory Compliance Submission

The company submitted the certificate pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. Company Secretary and Compliance Officer Chandranath Banerjee communicated the filing to both the National Stock Exchange of India Limited and BSE Limited on April 9, 2026.

Registrar Confirmation

Maheshwari Datamatics Pvt Ltd, serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate dated April 2, 2026. The registrar confirmed completion of essential dematerialisation processes during the specified quarter.

The certificate validates two critical compliance aspects:

• Demat Transfer Register Submission: Confirmation of sending the Demat Transfer Register for the period January 1, 2026 to March 31, 2026 to relevant depositories and all stock exchanges where Khaitan shares are listed
• Securities Destruction: Verification of proper destruction, mutilation, or cancellation of all physical securities received from Depository Participants after dematerialisation within stipulated timeframes

Stock Exchange Communication

The compliance documentation was formally submitted to both major Indian stock exchanges where Khaitan (India) Limited shares are traded.

Regulatory Framework

The SEBI (Depositories and Participants) Regulations, 2018 mandate quarterly compliance reporting to ensure proper handling of dematerialised securities. Regulation 74(5) specifically requires companies to submit certificates confirming adherence to dematerialisation procedures, protecting investor interests and maintaining market integrity.

This quarterly filing represents standard regulatory compliance, demonstrating Khaitan (India) Limited's commitment to maintaining proper corporate governance standards and regulatory adherence in securities handling processes.

Khaitan (India) Limited delivered impressive financial performance in the third quarter of FY26, demonstrating strong operational momentum across its key business segments. The company's Board of Directors approved the unaudited financial results for the quarter and nine months ended December 31, 2025, during their meeting held on January 29, 2026.

Strong Quarterly Performance

The company reported robust growth in Q3FY26, with revenue from operations reaching ₹2,682.89 lakhs compared to ₹1,788.65 lakhs in Q3FY24, marking a substantial 50% year-on-year increase. Net profit for the quarter stood at ₹123.59 lakhs, representing a significant 61% growth from ₹76.69 lakhs in the corresponding period last year.

Nine-Month Financial Overview

For the nine-month period ended December 31, 2025, the company achieved total income of ₹7,645.46 lakhs, up 46% from ₹5,238.89 lakhs in the previous year. However, net profit for the nine-month period declined to ₹313.97 lakhs from ₹353.89 lakhs in the corresponding period of FY25.

Segment-wise Performance Analysis

The company operates across three primary business segments: electrical goods, sugar, and agriculture. The electrical goods segment remained the dominant revenue contributor, generating ₹2,672.66 lakhs in Q3FY26 compared to ₹1,785.51 lakhs in Q3FY24. For the nine-month period, electrical goods revenue reached ₹7,567.02 lakhs, up from ₹5,190.36 lakhs in the previous year.

Segment Results for Q3FY26:

• Electrical Goods: ₹181.62 lakhs profit (vs. ₹183.96 lakhs in Q3FY24)
• Sugar Division: ₹8.12 lakhs loss (vs. ₹21.05 lakhs loss in Q3FY24)
• Agriculture: ₹1.76 lakhs profit (vs. ₹4.93 lakhs loss in Q3FY24)

Operational Challenges and Auditor Observations

The company's sugar mill operations remain suspended due to prolonged operational challenges and heavy losses. The statutory auditors, K.C. Bhattacharjee & Paul, issued a qualified opinion regarding this matter, suggesting that assets, liabilities, and expenses related to the sugar mill should be classified as discontinued operations rather than continuing business operations.

Management maintains that the sugar division represents a core business segment and continues exploring various options to resume operations once adequate working capital arrangements are secured. The company has not recognized any impairment provisions for the sugar division's property, plant, and equipment during Q3FY26.

Financial Position and Capital Structure

Khaitan India Limited maintains a stable capital structure with paid-up equity share capital of ₹475.00 lakhs, consisting of shares with a face value of ₹10 each. The company's reserves and surplus stood at ₹2,577.47 lakhs as of December 31, 2025, compared to ₹1,903.36 lakhs in the previous year.

Total assets reached ₹7,132.68 lakhs, while total liabilities stood at ₹4,080.23 lakhs, resulting in a net worth of ₹3,052.46 lakhs. The company's financial results demonstrate resilience in its core electrical goods business while management continues addressing challenges in the sugar segment.

Regulatory Compliance and Publication

Pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published its Q3FY26 financial results in newspapers on February 3, 2026. The results were published in The Echo of India (English edition) and Arthik Lipi (Bengali edition) to ensure compliance with regulatory requirements.

The complete financial results are available on stock exchange websites (BSE and NSE) and the company's official website at www.khaitan.com for stakeholder reference.