Mitshi India Limited has submitted its quarterly compliance certificate to the Bombay Stock Exchange, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The certificate covers the quarter ended 31st March, 2026, and confirms the company's adherence to dematerialisation procedures.

Regulatory Compliance Filing

The company filed the compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 on 14th April, 2026. The certificate was signed by Kumar Shah, Managing Director, and submitted to the Listing Department of Bombay Stock Exchange.

Registrar Confirmation

Adroit Corporate Services Private Limited, serving as the company's Registrar and Transfer Agent, issued the compliance certificate on 01st April, 2026. The certificate confirms that all securities received from depository participants for dematerialisation during the quarter were properly processed and confirmed to the depositories.

The Registrar confirmed several key compliance aspects:

• Securities received for dematerialisation were accepted or rejected as appropriate
• All securities in the certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialisation were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners within the required 15-day timeframe

Company Information

Mitshi India Limited, formerly known as Dera Paints & Chemical Ltd, maintains its registered office at 204 B-Wing, Master Mind III, E Building Aarey Milk Colony, Mumbai, Goregaon East, Maharashtra. The company operates under CIN U91100MH1990PLC057373 and is managed by Kumar Shah as Managing Director.

Regulatory Framework

The compliance certificate filing under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 is a mandatory quarterly requirement for listed companies. This regulation ensures proper oversight of the dematerialisation process and maintains transparency in securities handling by depositories and their participants.

Mitshi India Limited has responded to BSE Limited's query regarding recent director resignations with a formal clarification under SEBI regulations. The company addressed concerns raised by the stock exchange about the departure of two board members from their positions.

Regulatory Compliance and Clarification

The clarification, dated March 14, 2026, was submitted in response to BSE's query from March 11, 2026, regarding a corporate announcement made on March 10, 2026. The announcement concerned the resignations of Mr. Hanumant Anaji Salunkhe and Ms. Drashti Tarun Savla from their director positions, as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director Details and Confirmations

The company provided specific confirmations regarding both departing directors:

Key Confirmations to BSE

Mitshi India Limited made two primary confirmations in its clarification:

• Neither Mr. Hanumant Anaji Salunkhe nor Ms. Drashti Tarun Savla holds directorship in any other listed entity or company
• There are no other material reasons for their resignations beyond those already disclosed in the resignation letters submitted by them

Corporate Governance Compliance

The clarification was signed by Kumar Vasantlal Shah, Managing Director (DIN: 01451912), and submitted from the company's registered office in Mumbai. The document emphasizes the company's commitment to transparency and compliance with stock exchange requirements, ensuring all stakeholders are properly informed about board changes.

This submission fulfills the company's regulatory obligations and provides the stock exchange with the necessary information regarding the director resignations for record-keeping purposes.