Kusam Electrical Industries Ltd has submitted its mandatory compliance certificate under SEBI regulations for the quarter ended March 31, 2026. The submission, made on April 7, 2026, demonstrates the company's adherence to regulatory requirements for share dematerialization processes.

Regulatory Compliance Certificate

The company submitted the certificate under Regulation 74(5) of the SEBI (Depository and Participants) Regulation 2018 to the Bombay Stock Exchange. This regulation mandates companies to provide quarterly confirmations regarding the dematerialization of physical share certificates.

Registrar and Transfer Agent Confirmation

Satellite Corporate Services Private Limited, serving as the company's Registrar and Transfer Agent (RTA), issued the confirmation certificate on April 6, 2026. The RTA holds Category-I registration as Registrar to an Issue & Share Transfer Agent with registration number INR000003639.

The certificate confirms compliance with two key regulatory requirements:

• Securities comprised in certificates have been listed on stock exchanges
• Physical certificates, after verification, have been mutilated and cancelled with the depository name substituted as registered owner

Quarter Performance Summary

For the quarter ended March 31, 2026, the RTA confirmed that no physical share certificates were received for dematerialization. This indicates that all existing shareholders maintained their holdings in electronic form throughout the quarter, reflecting the widespread adoption of dematerialized trading.

Corporate Governance

The submission was signed by Ankita Nahata, Company Secretary & Compliance Officer, demonstrating the company's commitment to maintaining proper corporate governance standards. The digital signature was applied on April 7, 2026, ensuring the authenticity and integrity of the regulatory filing.

This quarterly compliance certificate submission reinforces Kusam Electrical Industries' adherence to SEBI regulations and maintains transparency in its share transfer and dematerialization processes.

Kusam Electrical Industries Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showing mixed performance with quarterly losses offset by improved nine-month revenue figures. The Mumbai-based electrical and electronic measuring instruments trading company reported these results under Regulation 33 of SEBI listing requirements.

Board Meeting and Governance

The Board of Directors approved the unaudited financial results at their meeting held on February 12, 2026, which commenced at 3:00 PM and concluded at 4:30 PM. The Audit Committee reviewed the results, and statutory auditors Chhajed & Doshi Chartered Accountants conducted a limited review of the financial statements. The company operates from C-325, 3rd Floor, Antop Hill Warehousing Co. Ltd., Vidyalankar College Road, Antop Hill, Wadala East, Mumbai-400037.

Quarterly Performance Analysis

The third quarter of FY26 presented challenges for the company, with significant deterioration in profitability metrics compared to the previous year.

The company's earnings per share turned negative at ₹4.81 in Q3FY26 compared to positive ₹12.51 in the corresponding quarter of the previous year.

Nine-Month Performance Overview

Despite quarterly challenges, the nine-month performance showed revenue growth, though profitability remained under pressure.

Expense Structure and Cost Management

The company's expense profile revealed several key trends during the quarter. Purchase of stock-in-trade decreased to ₹158.73 lakhs in Q3FY26 from ₹192.90 lakhs in Q3FY25. However, employee benefit expenses increased significantly to ₹44.59 lakhs from ₹36.07 lakhs year-on-year. Other expenses also rose substantially to ₹51.06 lakhs compared to ₹34.22 lakhs in the previous year's quarter.

For the nine-month period, purchase of stock-in-trade declined to ₹456.30 lakhs from ₹558.44 lakhs, while employee benefit expenses increased to ₹112.89 lakhs from ₹98.40 lakhs. Finance costs remained minimal at ₹0.89 lakhs for nine months compared to ₹1.99 lakhs in the previous year.

Tax Position and Comprehensive Income

The company's tax expense structure showed current tax of negative ₹0.30 lakhs in Q3FY26 compared to ₹10.68 lakhs in Q3FY25, reflecting the loss position. Deferred tax was negative ₹0.28 lakhs versus negative ₹1.35 lakhs in the previous year. Total comprehensive income for the quarter was negative ₹12.27 lakhs compared to positive ₹30.12 lakhs in Q3FY25.

Corporate Governance and Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 12, 2026. The statutory auditors, Chhajed & Doshi Chartered Accountants, conducted a limited review of the results. The company operates solely in trading of electrical and electronic measuring instruments, with no reportable business segments. All figures comply with Indian Accounting Standards as prescribed under the Companies Act 2013.