Liberty Shoes Limited has filed its quarterly compliance certificate with stock exchanges for the quarter ended March 31, 2026, in accordance with SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Filing

The company submitted the certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 to both the National Stock Exchange of India Limited and Bombay Stock Exchange Limited on April 17, 2026. The filing was made by CS Munish Kakra, who serves as the company's Chief Financial Officer and Company Secretary.

Certificate Confirmation

MUFG Intime India Private Limited, formerly Link Intime India Private Limited, issued the compliance certificate dated April 1, 2026. The registrar confirmed that all securities received from depository participants for dematerialisation during the quarter were properly processed and confirmed to the depositories.

The certificate specifically states that:

• Securities received for dematerialisation were confirmed (accepted/rejected) to depositories
• Security certificates comprised in the dematerialisation process have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received were mutilated and cancelled after due verification by the depository participant
• Names of depositories have been substituted in the register of members as registered owners within prescribed timelines

Company Information

Liberty Shoes Limited operates from its registered office at Libertypuram, 13th Milestone, G.T. Karnal Road, P.O. Box Bastara, District Karnal, Haryana. The company's corporate office is located at the 19th Floor, Global Magnum Park, Tower 2, Golf Course Extension Road, Sector-58, Gurugram, Haryana.

The quarterly compliance filing demonstrates the company's adherence to SEBI regulations governing depositories and participants, ensuring proper handling of dematerialisation processes through its appointed registrar and share transfer agent.

Liberty Shoes Limited has released its unaudited financial results for the third quarter and nine months ended December 31, 2025, showing mixed performance with revenue growth but declining profitability. The Board of Directors approved these results during their meeting held on February 13, 2026, in Gurugram.

Financial Performance Overview

The company's financial performance for Q3 FY26 presents a contrasting picture of growth and challenges:

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Liberty Shoes demonstrated sustained revenue growth despite profit pressures:

Cost Structure and Operational Metrics

The company's expense analysis reveals several key trends affecting profitability. Total expenses for Q3 FY26 increased to ₹17,979.03 lakh from ₹15,650.89 lakh in Q3 FY25. Employee benefits expense rose significantly to ₹3,664.52 lakh compared to ₹3,150.78 lakh in the previous year, representing a 16.31% increase. The company noted an additional employee benefits expense of ₹141.00 lakh due to the implementation of new Labour Codes notified by the Government of India in November 2025.

Corporate Developments

Several important corporate updates emerged from the results announcement:

• Credit Rating: CARE Ratings Ltd. reaffirmed the company's ratings as CARE A2 for short-term bank facilities and CARE BBB+ (Stable) for long-term bank facilities
• Business Segment: The company operates within a single operating segment, namely the footwear segment, as per Ind AS 108 guidelines
• Equity Structure: Paid-up equity share capital remained stable at ₹1,704.00 lakh with a face value of ₹10 per share

Regulatory Compliance and Governance

The unaudited financial results were prepared in accordance with Indian Accounting Standards (Ind AS) and reviewed by the Audit Committee before Board approval. The statutory auditors conducted a limited review of the financial results, confirming compliance with applicable accounting standards and SEBI regulations. The results have been made available on the company's website and stock exchange platforms as per regulatory requirements.