Mipco Seamless Rings (Gujarat) Limited has informed BSE Limited about the non-applicability of secretarial compliance report requirements under SEBI regulations for the financial year ended 31st March 2026. The company submitted the formal certificate on 16th April 2026, confirming its exemption from certain corporate governance provisions.

Regulatory Exemption Criteria

According to Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, companies are exempt from corporate governance provisions specified in regulations 17 through 27 and related clauses if they meet specific criteria. Listed entities with paid-up equity share capital not exceeding ₹10 crores and net worth not exceeding ₹25 crores as on the last day of the previous financial year qualify for this exemption.

Company's Financial Position

Mipco Seamless Rings (Gujarat) Limited meets the exemption criteria based on its financial position as on 31st March 2025:

The company's paid-up equity share capital of ₹3,58,48,000 falls well below the ₹10 crore threshold, while its net worth shows a negative balance of ₹1,28,47,000, which is also below the ₹25 crore limit specified in the regulations.

Certificate Details

The Certificate of Non-Applicability was digitally signed by Vikky Jain, Whole-Time Director (DIN: 11022293), on 16th April 2026 from Hyderabad. The document confirms that the submission of Secretarial Compliance Report for the financial year ended 31st March 2026 is not applicable to the company due to its qualification under the exemption criteria.

Company Information

Mipco Seamless Rings (Gujarat) Limited operates with its registered office located at 23-88/7-1 RK Nagar, Anandbagh, Malkajgiri, Hyderabad-500047, Rangareddy, Telangana. The company is incorporated under CIN: L35105TS1980PLC186305 and maintains its corporate website at www.mipcoseamless.com . The formal communication was addressed to BSE Limited's Listing Department at P.J. Tower, Dalal Street, Mumbai, referencing the company's scrip code 505797.

Mipco Seamless Rings (Gujarat) Limited has filed its quarterly compliance certificate with BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The submission, dated April 15, 2026, covers the quarter ended March 31, 2026.

Regulatory Compliance Details

The compliance certificate was issued by Venture Capital and Corporate Investments Private Limited, which serves as the company's Registrar and Share Transfer Agent. The certificate addresses requirements under Regulation 74(5) of SEBI regulations for depositories and participants.

Dematerialisation Process Confirmation

The Registrar and Share Transfer Agent certified that all securities received for dematerialisation during the quarter were properly processed according to regulatory standards. The certificate confirms that received securities were mutilated and cancelled after due verification, ensuring compliance with established procedures.

The depositories National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) were updated in the company's records as registered owners within the mandated 15-day period upon receipt of valid Dematerialisation Request Forms (DRF) and share certificates.

Corporate Information

Mipco Seamless Rings (Gujarat) Limited operates with its registered office located at RK Nagar, Anandbagh, Malkajgiri, Hyderabad, Telangana. The company maintains its corporate identification number as L35105TS1980PLC186305. Vikky Jain, serving as Whole-Time Director with DIN 11022293, signed the compliance submission on behalf of the company.

The quarterly compliance certificate submission ensures transparency in the company's dematerialisation processes and maintains adherence to SEBI regulatory framework for investor protection and market integrity.