MSTC Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling mandatory regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The government enterprise filed the certificate on 15th April 2026, covering the quarter ended 31st March 2026.

Regulatory Compliance Details

The certificate was issued under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, which mandates companies to provide quarterly confirmations regarding dematerialization processes. Bigshare Services Pvt. Ltd., serving as MSTC's Registrar and Share Transfer Agent, prepared and certified the compliance document dated 08th April 2026.

Dematerialization Compliance Confirmation

Bigshare Services confirmed that all securities received from depository participants for dematerialization up to 31st March 2026 were properly processed and confirmed to the depositories. The registrar certified that securities comprised in the certificates have been listed on stock exchanges where the company's earlier issued securities are already listed.

Key compliance confirmations include:

• Securities received for dematerialization were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners
• All processes were completed within the mandatory 15-day timeframe from receipt of security certificates

Stock Exchange Notification

The compliance certificate was simultaneously submitted to both major Indian stock exchanges where MSTC shares are listed. The document was addressed to BSE Limited (Scrip Code: 542597) and National Stock Exchange of India Limited (Scrip Code: MSTCLTD), ensuring comprehensive regulatory disclosure.

Ajay Kumar Rai, Company Secretary & Compliance Officer, signed the submission letter, emphasizing the company's commitment to maintaining transparent investor relations and regulatory compliance. This quarterly filing represents part of MSTC's ongoing efforts to meet all statutory requirements as a publicly listed government enterprise.

MSTC Limited has announced the completion of tenure of Shri Ramesh Kumar Soni as Independent Director, marking a significant board-level change for the government enterprise. The company communicated this development to stock exchanges on 15th April, 2026, in compliance with regulatory disclosure requirements.

Director Tenure Completion Details

Shri Ramesh Kumar Soni's tenure as Non-Official Independent Director concluded on 14th April, 2026, with his cessation from the Board taking effect from 15th April, 2026. The director held the Director Identification Number (DIN) 09399355 during his tenure with the company.

Committee Leadership Changes

Following the completion of his directorship tenure, Soni also ceased to hold key committee positions within MSTC Limited's governance structure. His departure resulted in simultaneous changes across multiple board committees where he served as Chairman.

The affected committee positions include:

• Chairman of Audit Committee
• Chairman of Nomination and Remuneration Committee
• Chairman of Risk Management Committee
• Chairman of Corporate and Social Responsibility Committee

Regulatory Compliance

MSTC Limited made this disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided the required information as per SEBI Circular No. SEBI/HO/CFD/CFD-Pod-1/P/CIR/2023/123 dated 13th July, 2023.

The notification was sent to both major stock exchanges where the company is listed - BSE Limited and National Stock Exchange of India Limited. Company Secretary & Compliance Officer Ajay Kumar Rai signed the disclosure document on behalf of MSTC Limited.

About the Change

This board composition change represents a routine completion of directorship tenure rather than any resignation or removal. The transition reflects the natural conclusion of Soni's appointed term as Independent Director, maintaining the company's adherence to corporate governance norms and regulatory compliance requirements.