Neil industries Limited has filed its quarterly compliance certificate with the Bombay Stock Exchange, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The submission, dated April 06, 2026, covers the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company submitted its confirmation certificate as mandated under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. This quarterly filing is a standard regulatory requirement for listed companies to maintain transparency in their share transfer and dematerialization processes.

Certificate Confirmation

The certificate was provided by Skyline Financial Services Private Limited, the company's SEBI registered Category-1 Registrar and Share Transfer Agent. The confirmation specifically states that no physical share certificates were received for dematerialization of equity shares during the quarter ended March 31, 2026.

Company Authorization

The filing was authorized by Deepanti Verma, Company Secretary and Compliance Officer (Membership No- ACS-50852), who digitally signed the submission on April 06, 2026. The document demonstrates the company's commitment to maintaining regulatory compliance and transparent reporting practices.

Corporate Information

Neil Industries Limited operates with its registered office in Kolkata and corporate office in Kanpur. The company maintains regular communication channels through multiple contact points and continues to fulfill its obligations as a publicly listed entity on the Bombay Stock Exchange.

Kanel Industries Limited's Board of Directors has approved the company's unaudited standalone financial results for the third quarter of FY26 ended December 31, 2025, during their meeting held on February 06, 2026. The results reveal a net loss of ₹9.13 lakhs with no revenue generated from core operations during the quarter.

Board Meeting and Regulatory Compliance

The Board meeting was conducted from 2:00 p.m. to 3:15 p.m. at the company's registered office located at 1503- West Port, Sindhubhavan Road, NR. G.P. Ring road, Ahmedabad - 380059. The results were prepared in accordance with Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance Overview

The company's Q3 FY26 performance showed significant operational challenges, with no revenue generated from core operations during the quarter. The financial results present concerning trends when compared to previous quarters and year-over-year performance.

Expense Analysis and Structure

The company's expense structure for Q3 FY26 comprised primarily of operational costs, with other expenses forming the largest component at ₹7.85 lakhs. Employee benefits expense accounted for ₹1.28 lakhs during the quarter, while depreciation and amortisation expense was nil compared to ₹5.27 lakhs in the previous quarter.

Nine-Month Cumulative Performance

For the nine-month period ended December 31, 2025, Kanel Industries reported a cumulative net loss of ₹50.42 lakhs against total revenue of ₹2.93 lakhs. The company's total expenses for this period reached ₹53.35 lakhs, significantly higher than the ₹2.77 lakhs loss recorded in the corresponding nine-month period of the previous year.

Earnings Per Share and Capital Structure

The company's earnings per share (EPS) for Q3 FY26 stood at (₹0.06) for both basic and diluted calculations, based on a paid-up equity share capital of ₹1,575.00 lakhs with a face value of ₹10 per share. For the nine-month period, the EPS was (₹0.32) compared to (₹0.02) in the corresponding period of the previous year.

Auditor Review and Compliance

The statutory auditors N.S. Nanavati & Co. conducted a limited review of the results as per Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013. The Audit Committee reviewed the results before their approval by the Board of Directors, with Director Keyoor Madhusudan Bakshi (DIN: 00133588) signing the approval documents.