Kirloskar Electric Company Limited has issued a follow-up clarification to stock exchanges regarding price movements in its shares, reaffirming regulatory compliance and confirming no pending material disclosures as of April 17, 2026.

Sequential Exchange Communications

Following its initial response on April 15, 2026, regarding trading volume fluctuations, the company addressed fresh queries from exchanges dated April 16, 2026. The National Stock Exchange of India Limited and BSE Limited had sought additional clarification on price spurts, prompting a second formal response from Company Secretary and Compliance Officer Mahabaleshwar Bhat.

Updated Regulatory Compliance Confirmation

Kirloskar Electric Co provided comprehensive compliance status in its latest communication:

Price Fluctuation Analysis

Regarding the significant price movements, the company maintained its position that fluctuations are market-driven phenomena. Kirloskar Electric stated it has no specific comments to offer on the price variations, indicating the activity remains unrelated to any internal corporate developments or undisclosed material information.

Communication Timeline and Details

The April 17, 2026 communication was digitally signed by Mahabaleshwar Bhat at 10:29:09 +05'30', referencing the company's earlier letter dated April 15, 2026. This sequential response demonstrates the company's proactive approach to addressing exchange surveillance queries and maintaining transparent communication with regulatory bodies.

Corporate Information

The company operates under CIN: L31100KA1946PLC000415 and maintains its registered office at No. 19, 2nd Main Road, Peenya 1st Stage, Phase-1, Peenya, Bengaluru, Karnataka, 560058. The stock trades on NSE under symbol KECL and on BSE under scrip code 533193.

This second clarification within three days underscores Kirloskar Electric's commitment to regulatory transparency while addressing ongoing market surveillance concerns about unusual trading patterns in its securities.

Kirloskar electric co has submitted its quarterly compliance certificate to stock exchanges, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The submission, dated April 09, 2026, covers the quarter ended March 31, 2026.

Regulatory Compliance Submission

The company's Company Secretary and Compliance Officer, Mahabaleshwar Bhat, submitted the confirmation certificate to both BSE Limited and National Stock Exchange of India Limited. This submission is mandatory under regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018.

Registrar Confirmation Details

Integrated Registry Management Services Private Limited, serving as the company's Registrar and Share Transfer Agent, provided the confirmation certificate dated April 06, 2026. The certificate was signed by S Giridhar, General Manager of the registry services firm.

Key Confirmations Made

The registrar confirmed several critical compliance aspects:

• Securities received from depository participants for dematerialization during the quarter were properly confirmed to depositories
• All securities comprised in the certificates have been listed on stock exchanges where earlier issued securities are listed
• Received certificates for dematerialization were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners within 15 days

Stock Exchange Communication

The submission was made to both major Indian stock exchanges where the company's shares are listed. The communication ensures transparency and regulatory compliance in the company's share transfer and dematerialization processes.

This quarterly submission demonstrates Kirloskar Electric Company Limited's commitment to maintaining regulatory compliance and ensuring proper handling of shareholder securities through its appointed registrar and transfer agent.