Maiden Forgings Limited has delivered exceptional operational performance in FY 2025-26, achieving record-breaking production levels and substantial revenue growth. The company announced these milestone achievements through a regulatory filing under Regulation 30 of SEBI LODR Regulations, 2015.

Record Production Achievement

The company achieved its highest-ever production output during FY 2025-26, demonstrating strong operational efficiency and market demand.

This production milestone represents the company's ability to scale operations effectively while maintaining quality standards across its manufacturing processes.

Government Sector Expansion

Maiden Forgings made notable progress in the B2G segment during FY 2025-26, securing strategic registrations with several prestigious government organizations. The company successfully obtained registrations with:

• Ordnance Factory, Murad Nagar
• Terminal Ballistics Research Laboratory (TBRL), DRDO
• Centre for Military Airworthiness & Certification (CEMILAC), DRDO
• Ordnance Factory Board, Kolkata (secured in previous financial year)

The company also successfully executed and delivered multiple orders to esteemed B2G organizations including HAL, BHEL, and NTPC, strengthening its position in the government sector.

Infrastructure Development

FY 2025-26 marked a significant year for infrastructure expansion, with the company focusing on construction of its new manufacturing facility.

The completion of this new facility represents a major step in the company's capacity expansion strategy, positioning it for future growth opportunities.

Strategic Positioning

The combination of record production levels, revenue growth, and successful B2G sector penetration demonstrates Maiden Forgings' strong market position. The company's ability to secure registrations with multiple DRDO organizations and ordnance factories indicates its technical capabilities and quality standards meet stringent government requirements.

With the new plant facility ready for operations and established relationships with key government organizations, the company appears well-positioned for continued growth in the upcoming financial year.

Maiden forgings Limited has submitted its quarterly compliance certificate to BSE Limited for the quarter ended March 31, 2026, confirming adherence to SEBI (Depositories and Participants) Regulations, 2018. The submission, dated April 09, 2026, was signed by Company Secretary and Compliance Officer Monika Negi.

Regulatory Compliance Certificate

The certificate pertains to Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, which governs the dematerialization of securities. Maiden Forgings Limited, with scrip code 543874 on BSE, submitted the confirmation certificate as provided by its Registrar and Transfer Agent.

Registrar and Transfer Agent Confirmation

Maashitla Securities Private Limited, the company's SEBI registered Category-I RTA (Registration No: INR000004370), issued the compliance certificate dated April 07, 2026. The RTA confirmed that all regulatory requirements under Regulation 74(5) were met during the quarter.

The certificate confirms that any securities received from Depository Participants for dematerialization during the quarter were processed according to regulations, with proper confirmation to depositories and listing compliance maintained.

Dematerialization Activity Summary

The detailed records show no dematerialization activity during the quarter from January 01, 2026 to March 31, 2026:

Company Information

Maiden Forgings Limited, formerly known as Maiden Forgings (P) Ltd., is an ISO 9001:2015 certified company with CIN L29810DL2005PLC132913. The company maintains its registered office at B-5 Arihant Tower, Block-D, Vivek Vihar, Delhi - 110092, with corporate office located in Ghaziabad, Uttar Pradesh.

The quarterly submission demonstrates the company's commitment to maintaining regulatory compliance and transparent reporting to stock exchanges and regulatory authorities.