NITCO Limited has submitted its quarterly compliance certificate to stock exchanges under SEBI's Depositories and Participants Regulations for the quarter ended March 31, 2026. The filing confirms the company's adherence to regulatory requirements governing share dematerialisation and transfer processes.

Regulatory Compliance Filing

The compliance certificate was filed under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. Company Secretary and Compliance Officer Rupali Kambli submitted the documentation to both BSE Limited and National Stock Exchange of India Limited on April 07, 2026.

Registrar Confirmation

MUFG Intime India Private Limited, serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate on April 3, 2026. The registrar confirmed that all securities received from depository participants for dematerialisation during the quarter were properly processed and confirmed to the depositories within prescribed timelines.

The certificate validates that:

• 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 regulatory timelines

Corporate Governance

This quarterly filing represents part of NITCO's ongoing compliance with SEBI regulations governing depositories and participants. The systematic submission of such certificates demonstrates the company's commitment to maintaining proper corporate governance standards and regulatory adherence in share transfer operations.

NITCO Limited has announced a postal ballot notice seeking shareholder approval for a material related party transaction (RPT) with Authum Investment & Infrastructure Limited. The company issued the notice on March 23, 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance Update

On March 31, 2026, NITCO Limited informed stock exchanges about the completion of newspaper publication requirements under Regulation 47. The company published advertisements regarding the postal ballot notice and remote e-voting information in the following newspapers:

Transaction Details

The proposed transaction involves NITCO Limited availing working capital and invoice discounting facilities from Authum Investment & Infrastructure Limited for an aggregate amount up to ₹75 crores during FY2026-27. The facilities are designed to address the company's short-term operational fund requirements and maintain seamless business activities.

Voting Schedule and Process

The remote e-voting process will be conducted through National Securities Depository Limited (NSDL) platform. Shareholders whose names appear on the Register of Members as on the cut-off date will be eligible to participate in the voting process.

Related Party Relationship

Authum Investment & Infrastructure Limited operates as a Non-Banking Financial Company (NBFC) and holds a 49.10% equity stake in NITCO Limited. The company's consolidated financial performance for FY25 shows a turnover of ₹4,578.34 crores, profit after tax of ₹4,241.41 crores, and net worth of ₹14,689.34 crores.

Previous Transactions

During the last financial year, NITCO Limited had undertaken transactions with Authum totaling ₹75 crores, comprising ₹50 crores in working capital facility and ₹25 crores in bill discounting facility. The proposed transaction value represents approximately 23.86% of NITCO's annual consolidated turnover for the immediately preceding financial year.

Regulatory Compliance

The Audit Committee and Board of Directors reviewed and approved the proposed transaction at their meeting held on March 23, 2026. Mr. B. Durga Prasad Rai, Practicing Company Secretary (Membership No. A10060), has been appointed as the Scrutinizer for conducting the postal ballot process.

The postal ballot notice has been sent electronically to shareholders whose email addresses are registered with the company's Registrar and Share Transfer Agent, MUFG Intime India Private Limited, or with Depository Participants. Physical copies will not be distributed in accordance with MCA circulars.

Financial Impact

The proposed facilities are expected to provide enhanced flexibility in cash flow management, enable prompt response to market demand, and support timely payments to vendors and suppliers. The transaction is structured on an arm's length basis and is considered commercially beneficial to the company's operational stability and long-term business growth.