Machhar Industries Limited has filed its quarterly compliance certificate with BSE Limited for the quarter ended March 31, 2026, fulfilling regulatory requirements under SEBI depositories regulations. The submission demonstrates the company's adherence to mandatory compliance protocols for listed entities.

Regulatory Compliance Filing

The company submitted the compliance certificate on April 7, 2026, through Company Secretary CS Mahesh Dube, referencing document number MIL/2025-26/CS/54. The filing addresses requirements under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018.

Registrar Confirmation

MUFG Intime India Private Limited (formerly Link Intime India Private Limited), serving as the company's Registrar and Share Transfer Agent, provided the compliance certificate dated April 3, 2026. The certificate was signed by Ashok Shetty, Sr. Vice President-Corporate Registry.

The registrar confirmed several key compliance aspects:

• Securities received from depository participants for dematerialization during Q4FY26 were properly confirmed to depositories
• All securities comprised in certificates have been listed on stock exchanges where previously issued securities are listed
• Security certificates received for dematerialization were confirmed or rejected within prescribed timelines
• Physical certificates were mutilated and cancelled after due verification by depository participants
• Depository names were substituted in the register of members as registered owners

Company Operations

Machhar Industries Limited operates from multiple locations across India. The company maintains its registered office at City Pride Building, FF-107, Jalna Road, Mondha Naka, Aurangabad, Maharashtra. Manufacturing operations are conducted at facilities in Gujarat and Maharashtra:

Compliance Framework

The quarterly compliance certificate filing represents part of the ongoing regulatory framework governing listed companies in India. SEBI (Depositories and Participants) Regulations, 2018 require companies to ensure proper dematerialization processes and maintain accurate records of shareholding patterns. This systematic compliance helps maintain transparency in securities markets and protects investor interests through proper documentation and verification procedures.

Machhar Industries Limited's Board of Directors held a significant meeting on March 31, 2026, addressing crucial leadership and strategic decisions. The board meeting, which commenced at 11:30 AM and concluded at 12:45 PM, focused on key appointments and corporate governance matters as disclosed under Regulation 30 of SEBI (LODR) Regulations, 2015.

Board Approves Director Re-appointment

The primary decision involved the re-appointment of Mr. Vyankat W. Katkar as Whole-Time Director. The board approved his continuation in the role for an extended period of 18 months, demonstrating confidence in his leadership and operational expertise. The re-appointment comes as his previous term expired on March 31, 2026.

Director Profile and Experience

Mr. Katkar brings substantial industry experience to his role, with over a decade of expertise in chemical industries. His responsibilities encompass production oversight and factory operations management. The board's decision to extend his tenure reflects his dedicated service and performance contributions to the company. According to the regulatory filing, he is dedicatedly looking after the production and factory operations and has vast experience of more than one decade in chemical industries.

Regulatory Compliance and Director Independence

The company has fulfilled its disclosure obligations under Regulation 30 of SEBI (LODR) Regulations, 2015. Mr. Katkar meets all regulatory requirements and is not debarred from holding directorship by any SEBI order or other authority. Notably, Mr. Katkar maintains independence from other board members, as he is not related inter-se to any other Director of the Company.

Additional Board Decisions

The board addressed several other important matters during the meeting:

The proposal for strike off of the Joint Venture Company has been deferred for one year, allowing for reconsideration at an appropriate time. Additionally, the board acknowledged that Mr. Pradip Patel, Independent Director, successfully cleared the proficiency test conducted under the Independent Directors Databank administered by the Indian Institute of Corporate Affairs.

Corporate Infrastructure

Machhar Industries operates from multiple strategic locations across India. The company maintains its registered office at City Pride Building, FF-107, Jalna Road, Mondha Naka, Dist. Aurangabad (MS) 431001. The company operates production facilities at Plot No. 614, GIDC Industrial Area, Panoli, Tq. Ankleshwar-394116, Dist. Bharuch (Gujarat), and Gut No. 76, Village Pangara, Tq. Paithan, Paithan Road, Dist. Aurangabad-431105, supporting its chemical industry operations.