KRBL Limited has filed its quarterly compliance certificate under SEBI Regulation 74(5) for the quarter ended March 31, 2026, demonstrating adherence to regulatory requirements for dematerialization processes. The certificate was submitted to stock exchanges and depositories on April 02, 2026, through the company's registrar and share transfer agent.

Regulatory Compliance Documentation

The compliance certificate was issued by Alankit Assignments Limited, serving as KRBL's Registrar and Share Transfer Agent (RTA). Joint Managing Director Anoop Kumar Gupta signed the submission letter on behalf of KRBL Limited, ensuring proper authorization of the regulatory filing.

Dematerialization Process Confirmation

Alankit Assignments Limited certified that all securities received for dematerialization during the quarter were properly processed according to regulatory standards. The RTA confirmed that dematerialized securities were mutilated and cancelled after due verification, with the depository's name substituted in the company's records as the registered owner within the mandated 15-day timeline.

The certificate also confirms that all dematerialized securities are listed on the same stock exchanges where the company's previously issued securities are traded, maintaining consistency in listing status.

Stock Exchange and Depository Notifications

KRBL submitted the compliance documentation to multiple regulatory entities to ensure comprehensive record-keeping:

• BSE Limited (Scrip Code: 530813)
• National Stock Exchange of India Limited (Symbol: KRBL)
• National Securities Depository Limited (NSDL)
• Central Depository Services (India) Limited (CDSL)

Registrar Credentials and Authorization

Alankit Assignments Limited, operating under CIN U74210DL1991PLC042569, holds multiple SEBI registrations enabling comprehensive capital market services. General Manager Kamal Garg digitally signed the compliance certificate, providing the necessary authorization for the quarterly confirmation.

The filing represents routine regulatory compliance, ensuring transparency in the company's dematerialization processes and maintaining adherence to SEBI's depositories and participants regulations for the fourth quarter of fiscal year 2026.

KRBL Limited has received a GST order from tax authorities, resulting in a demand for additional taxes and penalties related to Financial Year 2021-22. The company disclosed this development to stock exchanges on March 31, 2026, in compliance with regulatory requirements.

GST Order Details

The order was issued by the Office of Assistant Commissioner, Central Goods and Services Tax, Sangrur, Punjab, and dated March 30, 2026. The demand pertains to alleged contraventions under the GST framework for the financial year 2021-22.

Financial Impact

The GST order has resulted in significant financial demands on the company. The total liability includes both tax demand and penalty components.

Legal Framework

The order was passed under Section 74 of the Central Goods & Services Tax Act, 2017, along with provisions of the Punjab Goods and Services Tax Act, 2017 and the Integrated Goods and Services Tax Act, 2017. Section 74 typically deals with determination of tax not paid or short paid or erroneously refunded or input tax credit wrongly availed or utilized.

Company Response

KRBL Limited has indicated its intention to challenge the order through appropriate legal channels. The company plans to file an appeal with the relevant authority to contest the GST demand and penalty imposed by the Assistant Commissioner.

Regarding operational impact, the company has stated that there is no significant effect on its financial, operational, or other business activities. This suggests that the company views the matter as manageable within its current operational framework.

Regulatory Compliance

The 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 regulatory framework, including the nature of the order, financial implications, and planned course of action.