Modella woollens Limited has filed its quarterly compliance certificate with BSE Limited, confirming adherence to SEBI regulations for the quarter ended 31st March, 2026. The submission, dated 6th April, 2026, was signed by Chairman Sandeep P. Shah and addresses compliance under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Certificate

The certificate was issued by Purva Sharegistry (I) Pvt. Ltd., which serves as the company's registrar and transfer agent. As a SEBI-registered entity with registration number INR000001112, Purva Sharegistry confirmed that all securities received from depository participants for dematerialisation during the quarter were properly processed and confirmed to the depositories within prescribed timelines.

Dematerialisation Activity

During the quarter, the company processed dematerialisation requests for a total of 35 shares. All dematerialisation activities were concentrated on 24th January 2026, involving three separate certificates for shareholder Charanjit Singh Monga.

Compliance Confirmation

Purva Sharegistry confirmed that all security certificates received for dematerialisation were properly verified, mutilated, and cancelled after due verification by the depository participant. The registrar also confirmed that the names of the depositories have been substituted in the register of members as registered owners within the prescribed timelines, ensuring full compliance with SEBI regulations.

The compliance certificate was also copied to National Securities Depository Limited and Central Depository Services India Limited, maintaining transparency with all relevant regulatory and depository authorities. This filing demonstrates Modella Woollens Limited's commitment to maintaining proper corporate governance and regulatory compliance standards.

Modella Woollens Limited announced its unaudited financial results for the third quarter ended December 31, 2025, showing a net loss of ₹3.97 lakhs compared to a loss of ₹6.19 lakhs in the corresponding quarter of the previous year. The company's performance reflects an improvement in loss reduction despite continuing operational challenges.

Financial Performance Overview

The company's quarterly results demonstrate mixed signals with significant improvement in total income but continued losses. Total income for Q3FY26 reached ₹2.62 lakhs, marking a substantial increase from ₹0.03 lakhs in Q3FY25. However, the company continues to report no revenue from operations, with the entire income comprising other income sources.

Expense Analysis

Total expenses for Q3FY26 stood at ₹6.59 lakhs compared to ₹6.30 lakhs in Q3FY25. The expense breakdown shows:

• Employee benefit expenses: ₹1.81 lakhs (Q3FY26) vs ₹1.85 lakhs (Q3FY25)
• Other expenditure: ₹4.77 lakhs (Q3FY26) vs ₹4.44 lakhs (Q3FY25)
• Depreciation: ₹0.01 lakhs in both quarters

Nine-Month Performance

For the nine-month period ended December 31, 2025, Modella Woollens reported a net loss of ₹15.51 lakhs on total income of ₹5.60 lakhs. This compares to the full year FY25 performance where the company recorded a net loss of ₹17.22 lakhs on total income of ₹6.67 lakhs.

Corporate Governance and Compliance

The Board of Directors, chaired by Sandeep Shah (DIN: 00368350), approved these results in their meeting held on February 4, 2026. The meeting commenced at 3:35 PM and concluded at 4:10 PM. The company's statutory auditors, Kochar & Associates, Chartered Accountants, conducted a limited review and issued an unmodified opinion on the unaudited standalone financial results.

The company maintains its paid-up equity share capital at ₹91.00 lakhs, consisting of shares with a face value of ₹10 each. The results were reviewed by the Audit Committee before Board approval, ensuring compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.