MPL Plastics Limited has submitted its mandatory Certificate under Regulation 74(5) of SEBI (Depository and Participants) Regulations, 2018 for the quarter ended 31st March, 2026. The certificate was filed with BSE Limited on 4th April, 2026, as part of the company's regular compliance obligations.

Certificate Details and Regulatory Compliance

The certificate was issued by MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, which serves as the Registrar and Share Transfer Agents for MPL Plastics Limited. The document confirms compliance with SEBI regulations regarding dematerialisation processes during the fourth quarter of fiscal year 2026.

Dematerialisation Process Confirmation

The certificate confirms that all securities received from depository participants for dematerialisation during the quarter were properly processed. MUFG Intime India Private Limited verified that securities were confirmed or rejected to the depositories within prescribed timelines and that all securities comprised in the certificates have been listed on stock exchanges where the company's earlier issued securities are listed.

Key confirmations included in the certificate:

• Securities received for dematerialisation were confirmed or rejected appropriately
• Security certificates were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners
• All processes were completed within prescribed regulatory timelines

Corporate Information

MPL Plastics Limited, incorporated in 1992, maintains its registered office at Kashimira, Mira Road (East), District Thane. The company's compliance officer, Vishakha Jain, who holds the position of Company Secretary and Compliance Officer, submitted the certificate to BSE Limited.

Regulatory Framework

Regulation 74(5) of SEBI (Depository and Participants) Regulations, 2018 mandates that registrar and transfer agents provide quarterly certificates confirming proper handling of dematerialisation requests. This ensures transparency and accountability in the securities dematerialisation process, protecting investor interests and maintaining market integrity.

MPL Plastics Limited has announced its quarterly unaudited financial results for Q3 FY26 ended December 31, 2025, revealing continued operational challenges as the company remains in a non-operational state. The Board of Directors approved these results on February 10, 2026, after review by the Audit Committee.

Regulatory Compliance and Publication

In compliance with Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published extracts of its financial results in newspapers on February 11, 2026:

Financial Performance Overview

The company's financial performance for Q3 FY26 reflects its current non-operational status:

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, MPL Plastics reported:

Operational Status and Going Concern Issues

The company faces significant operational challenges that impact its financial position:

• Closed Operations: Manufacturing operations at Silvassa and Pune plants were shut down during 2023-24
• Asset Disposal: Plant and machinery, land, buildings, and warehouse at Pune were sold during 2023-24
• Going Concern Uncertainty: Auditors have expressed material uncertainty about the company's ability to continue as a going concern

Expenditure Breakdown

Despite closed operations, the company incurred expenses across various categories:

Corporate Actions and Regulatory Compliance

The company has initiated several corporate actions regarding its future:

• Board meetings on March 8, 2022, and April 11, 2022, approved initiation of corporate insolvency resolution process
• Shareholders approved special resolution through postal ballot on April 14, 2022
• Company intimated BSE about winding up under Section 10 of the Insolvency and Bankruptcy Code, 2016, via letter dated July 10, 2024

The company maintains its paid-up equity share capital at Rs 1,250 lakhs with face value of Rs 10 per share. The financial results were prepared in accordance with Indian Accounting Standards and reviewed by statutory auditors Jain Vinay & Associates, who issued an adverse opinion regarding the company's going concern status.