Lakshmi Electrical Control Systems Limited has fulfilled its quarterly regulatory obligations by submitting a compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The certificate was addressed to both major depositories in India and confirms adherence to dematerialization procedures.

Regulatory Compliance Details

The company submitted the certificate on April 07, 2026, to National Securities Depository Limited and Central Depository Services India Limited. The submission relates to the company's securities with ISIN INE284C01018, Security Id LAKSELEC, and Security Code 504258.

Dematerialization Process Confirmation

The certificate confirms that all securities received for dematerialization during the quarter were processed in accordance with regulatory requirements. The company certified that securities were mutilated and cancelled after due verification, with depository names substituted in company records as registered owners within prescribed timelines.

Key aspects of the compliance include:

• Securities received for dematerialization were properly mutilated and cancelled
• Depository names were substituted as registered owners within prescribed time
• All dematerialized securities are listed on stock exchanges where earlier securities are listed
• Details were furnished to the stock exchange as required

Registrar and Transfer Agent Confirmation

MUFG Intime India Private Limited, serving as the company's Registrar and Transfer Agent, provided confirmation supporting the compliance certificate. The registrar confirmed on April 3, 2026, that securities received from depository participants during the quarter ended March 31, 2026, were properly confirmed to depositories.

Corporate Governance

The compliance certificate was signed by S. Sathyanarayanan, Company Secretary and Compliance Officer of Lakshmi Electrical Control Systems Limited. The submission demonstrates the company's commitment to maintaining regulatory compliance and transparent corporate governance practices in securities management.

The quarterly certification process ensures investor protection by confirming proper handling of dematerialization requests and maintaining accurate records of securities ownership transfers from physical to electronic form.

Lakshmi Electrical Control Systems Limited has announced the retirement of a key senior management personnel, marking a significant transition in its research and development leadership.

Senior Management Transition

The company has informed BSE Limited about the retirement of Mr. C.N. Jayapragasan, Associate Vice President - Research and Development (R&D), effective March 31, 2026. The retirement announcement was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance

The formal communication was addressed to BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai, referencing the company's Security Id: LAKSELEC and Security Code: 504258. The announcement includes all required details under SEBI Circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, and other relevant SEBI circulars.

Documentation and Authorization

The retirement notification was digitally signed by S. Sathyanarayanan, Company Secretary and Compliance Officer, on March 31, 2026. The document includes comprehensive annexure details as required by regulatory guidelines.

Disclosure Requirements

The company has fulfilled all mandatory disclosure requirements, including:

• Reason for change: Retirement of Senior Management Personnel
• Date of cessation: March 31, 2026 (close of business hours)
• Proper regulatory filing and documentation

The retirement represents a planned transition in the company's senior management structure, with all regulatory protocols being followed appropriately.