Manraj Housing Finance Ltd has fulfilled its regulatory obligations by submitting the mandatory compliance certificate under SEBI Regulation 74(5) for the quarter and year ended 31st March, 2026. The submission was made to BSE Limited on 10th April, 2026, demonstrating the company's commitment to regulatory compliance and transparency.

Regulatory Compliance Details

The certificate was issued by Bigshare Services Private Limited, serving as the company's Registrar and Transfer Agent (RTA), and dated 7th April, 2026. This submission is mandated under Regulation 74(5) of SEBI (Depository and Participant) Regulations, 2018, which requires companies to confirm proper handling of dematerialization processes.

Certificate Confirmation

Bigshare Services Private Limited confirmed several key compliance aspects in their certificate. The RTA verified that all securities received from depository participants for dematerialization up to 31st March, 2026 were properly confirmed to the depositories. Additionally, the certificate states that all securities comprised in the certificates have been listed on the stock exchange where the earlier issued securities are listed.

The certificate also confirms that security certificates received for dematerialization have been mutilated and cancelled after due verification by the depository participant. Furthermore, the names of the depositories have been substituted in the register of members as registered owners within the mandated 15-day timeline from receipt of certificate of securities.

Corporate Authorization

The submission was authorized by Ishwarlal Shankarlal Jain, Managing Director of Manraj Housing Finance Ltd, with DIN: 00386348. The document was digitally signed on 10th April, 2026, ensuring proper authentication and compliance with digital signature requirements.

Regulatory Significance

This quarterly submission represents standard regulatory compliance for listed companies, ensuring transparency in dematerialization processes and maintaining investor confidence. The timely submission of the certificate demonstrates Manraj Housing Finance Ltd's adherence to SEBI's regulatory framework and commitment to maintaining proper corporate governance standards.

Manraj Housing Finance Ltd submitted its unaudited financial results for Q3 FY26 to BSE Limited under Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company published newspaper advertisements on January 31, 2026, in Active Times (English Edition) and Mumbai Lakshadeep (Marathi Edition) to comply with regulatory requirements.

Financial Performance Overview

The company's financial results for the quarter and nine months ended December 31, 2025, reveal continued operational challenges. Total income remained minimal at ₹1.02 lakhs for Q3 FY26, unchanged from the previous quarter but representing an increase from ₹0.52 lakhs in Q3 FY25.

Expense Analysis and Operational Challenges

The company's expense structure reveals significant operational inefficiencies. Employee benefit expenses remained relatively stable at ₹1.17 lakhs for Q3 FY26 compared to ₹1.23 lakhs in the corresponding quarter of the previous year. However, other expenses increased substantially to ₹4.89 lakhs from ₹3.30 lakhs year-over-year.

Balance Sheet Position

The company's balance sheet as of December 31, 2025, shows a negative equity position of ₹70.57 lakhs, deteriorating from ₹26.99 lakhs as of March 31, 2025. Total assets stood at ₹1,953.12 lakhs, with non-current assets comprising ₹1,859.99 lakhs and current assets at ₹93.13 lakhs.

Auditor's Adverse Opinion

The independent auditors, Ratan Chandak & Co LLP, issued an adverse opinion on the financial results, highlighting several critical concerns including related party advances comprising approximately 99% of the company's assets, bank loan default with outstanding balance of ₹687.03 lakhs since February 2020, and unprovided interest totaling ₹674.92 lakhs.

Regulatory Compliance and Submission

The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) and approved by the Board of Directors on January 30, 2026. Managing Director Ishwarlal Shankarlal Jain (DIN: 00386348) digitally signed the submission letter to BSE Limited, confirming compliance with regulatory disclosure requirements. The company maintains its registered office at 3, Pushpa Apartments, General Vaidya Chowk, Jalgaon, and trades on BSE with scrip code 530537.