NIBE Limited has filed a non-applicability certificate with stock exchanges under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The regulatory filing demonstrates the company's continued compliance with depositories regulations and confirms the complete dematerialization status of its shareholding.

Regulatory Compliance Filing

The company submitted the certificate to both BSE Limited and National Stock Exchange of India Limited on April 10, 2026, in compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. Company Secretary and Compliance Officer Komal Bhagat signed the submission, ensuring adherence to regulatory timelines.

Certificate Confirmation

Bigshare Services Private Limited, serving as the company's Registrar and Share Transfer Agent, issued the non-applicability certificate dated April 08, 2026. The certificate confirms that Regulation 74(5) does not apply to NIBE Limited due to specific shareholding characteristics during the quarter.

Shareholding Status

The certificate establishes that the entire shareholding of NIBE Limited remains in dematerialized form. This complete demat status eliminates the need for compliance with certain depositories regulations that apply to companies with physical share certificates.

Key findings from the quarter include:

• Complete shareholding maintained in demat form
• No rematerialisation requests received from shareholders
• No dematerialization requests processed during the period
• Full compliance with depositories regulations maintained

Regulatory Framework

The filing falls under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, which replaced the earlier Regulation 54 of SEBI (Depository and Participant) Regulations, 1996. This regulation requires companies to submit certificates regarding their compliance with depositories norms on a quarterly basis.

The non-applicability status reflects NIBE Limited's complete transition to electronic shareholding, eliminating the administrative requirements associated with physical share certificate management. This status supports efficient share transfer processes and reduces operational complexities for both the company and its shareholders.

Nibe Limited has announced the successful completion of a significant corporate restructuring transaction that affects its subsidiary holdings. The company informed stock exchanges about the finalization of a share transfer deal that alters its corporate structure.

Transaction Details

The share transfer transaction involved the sale of equity shares in Nibe Aeronautics Limited (NAL) by the company's subsidiary. The key details of the completed transaction are presented below:

The transaction was executed under a Share Purchase Agreement (SPA) that was previously disclosed to the exchanges on March 30, 2026, in compliance with regulatory requirements.

Corporate Structure Impact

The completion of this share transfer has resulted in significant changes to Nibe Limited's corporate structure. Following the successful transfer of 15,20,000 shares to Mr. Ganesh Nibe, NAL has ceased to be a subsidiary of NDAL. Consequently, NAL is no longer classified as a step-down subsidiary of Nibe Limited.

This restructuring represents a strategic divestment that simplifies the company's subsidiary framework and reduces its indirect holdings in the aerospace sector.

Regulatory Compliance

The announcement was made under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, ensuring full transparency with stakeholders. The company has maintained proper disclosure protocols throughout the transaction process, from the initial agreement announcement to the completion notification.

The information regarding this transaction has also been made available on the company's official website at www.nibelimited.com , providing additional accessibility for investors and stakeholders seeking detailed information about the corporate restructuring.