Northern Spirits Limited has issued a clarification to BSE Limited regarding the significant movement in its share price, responding to the exchange's inquiry dated April 09, 2026. The company addressed concerns about unusual trading activity in its securities through an official communication on April 10, 2026.

Regulatory Compliance Statement

The company emphasized its commitment to regulatory compliance, stating that it has made and will continue to make all necessary disclosures pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Northern Spirits assured that it has not withheld any material information or events that would impact the price of its securities.

Management's Position on Price Movement

The management clarified that the movement in share price is purely market-driven and may result from a combination of various factors including prevailing market conditions. The company explicitly stated that it has no control over or knowledge of these market factors influencing the stock price.

Key Disclosures

Northern Spirits reiterated its commitment to transparency by confirming that:

• All applicable disclosures have been made within stipulated timeframes
• The company will continue making necessary disclosures as required
• No material information has been withheld from investors
• The management is not connected with the price movement in any way

The clarification was signed by Pankaj Khanna, Company Secretary and Compliance Officer, reinforcing the company's adherence to corporate governance standards and regulatory requirements.

Northern Spirits Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st March, 2026.

Regulatory Filing Details

The certificate was filed on 06.04.2026 by Pankaj Khanna, Company Secretary and Compliance Officer (M.NO. A27867), in compliance with Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018.

Dematerialisation Status

According to the certificate issued by Maheshwari Datamatics Pvt Ltd, the company's Registrar and Share Transfer Agent, no dematerialisation requests for equity shares were confirmed during the period from 01/01/2026 to 31/03/2026. This indicates that all existing shares remained in their current form without any conversion requests during the quarter.

Company Information

Northern Spirits Limited operates from its registered office at 5A, Woodburn Park Road, Woodburn Central Unit-603, 6th Floor, Kolkata-700020. The company maintains regular compliance with SEBI regulations through its designated Registrar and Share Transfer Agent, Maheshwari Datamatics Pvt Ltd, which is based in Kolkata.

Compliance Framework

The quarterly certificate submission represents part of the mandatory reporting requirements under SEBI regulations, ensuring transparency in share transfer and dematerialisation processes. The certificate confirms the company's adherence to regulatory timelines and proper documentation procedures for the Q4FY26 period.