Nilkanth engineering Limited has notified BSE Limited about its non-applicability for related party transaction disclosure requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's financial position places it below the regulatory thresholds that mandate such disclosures.

Regulatory Framework and Exemption Criteria

Under Regulation 23(9) of SEBI (LODR) Regulations 2015, listed companies are required to submit disclosure of related party transactions on the date of publication of their standalone and consolidated financial results for the half year. However, Regulation 15(2)(a) specifies that this requirement applies only to listed entities meeting specific financial criteria.

Company's Financial Position

As per the latest audited balance sheet dated March 31, 2025, Nilkanth Engineering Limited's financial metrics fall significantly below the regulatory thresholds. The company's paid-up equity capital stands at Rs. 124.50 lakhs, which is substantially lower than the required Rs. 10.00 crores threshold.

Net Worth Analysis

The company reported a negative net worth of Rs. 272.28 lakhs as of March 31, 2025. This negative net worth position, combined with the below-threshold paid-up capital, clearly establishes the company's exemption from the related party transaction disclosure requirements under Regulation 23(9).

Compliance Communication

The notification was submitted to BSE Limited on April 7, 2026, and signed by G. M. Loyalka, Director (DIN – 00299416), on behalf of Nilkanth Engineering Limited. The company has requested BSE to take this exemption status on record for compliance purposes.

Nilkanth Engineering Limited has submitted its quarterly confirmation certificate to BSE Limited, ensuring compliance with SEBI regulations for the quarter ended 31st March, 2026. The submission demonstrates the company's adherence to regulatory requirements under the Securities and Exchange Board of India framework.

Regulatory Compliance Submission

The company submitted its confirmation certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 on April 6, 2026. The certificate was issued by Adroit Corporate Services Private Limited, which serves as the company's Registrar and Transfer Agent (RTA).

RTA Confirmation Details

Adroit Corporate Services Private Limited confirmed that securities received from depository participants for dematerialization during Q4FY26 were properly processed and confirmed to the depositories. The RTA certification dated April 1, 2026, validates that all dematerialization procedures were completed in accordance with regulatory standards.

The confirmation certificate ensures that:

• Securities received for dematerialization were accepted or rejected as per regulations
• All securities are listed on stock exchanges where previously issued securities are traded
• Security certificates received for dematerialization were mutilated and cancelled after verification
• Depository names were substituted in the register of members within the prescribed 15-day timeline

Corporate Information

Nilkanth Engineering Limited, incorporated under CIN L27300MH1983PLC029360, maintains its registered office at 407, Kalbadevi Road, Daulat Bhawan, 3rd Floor, Mumbai – 400 002. The submission was signed by Director G. M. Loyalka (DIN – 00299416), ensuring proper authorization and compliance oversight.

This quarterly submission reflects the company's commitment to maintaining transparency and regulatory compliance in its securities operations and depository participant relationships.