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.

Northern Spirits Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showcasing robust growth across key financial metrics. The Kolkata-based company, which operates in the trading and distributorship of alcoholic beverages including spirits and wines, delivered strong performance in Q3FY26.

Quarterly Financial Performance

The company's quarterly results demonstrate solid growth momentum with revenue from operations increasing significantly year-on-year.

Total expenses for Q3FY26 were ₹58,703.98 lakhs compared to ₹51,618.53 lakhs in the corresponding quarter of the previous year. The major expense component was purchases of stock-in-trade at ₹53,266.66 lakhs, reflecting the company's trading business model.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, Northern Spirits demonstrated consistent growth in revenue while maintaining profitability.

The company's total expenses for the nine-month period stood at ₹1,66,484.30 lakhs versus ₹1,44,929.70 lakhs in the previous year, primarily driven by increased purchases of stock-in-trade worth ₹1,53,771.91 lakhs.

Operational Highlights

Northern Spirits maintained its focus on its core business operations during the reporting period. Key operational aspects include:

• Business Focus: Trading and distributorship of alcoholic beverages including spirits and wines
• No Discontinuation: The company has not discontinued any operations during the period under review
• Inventory Management: Changes in inventories showed a positive impact of ₹4,268.28 lakhs for the nine-month period
• Finance Costs: Reduced significantly to ₹318.64 lakhs in Q3FY26 from ₹910.31 lakhs in Q3FY25

Board Approval and Compliance

The Board of Directors approved these unaudited financial results in their meeting held on February 9, 2026, which commenced at 1:00 PM and concluded at 2:00 PM. The results were prepared in accordance with Indian Accounting Standards notified under Section 133 of the Companies Act, 2013, and comply with Regulation 33 of SEBI Listing Regulations.

M/s J K S S & Associates, Chartered Accountants, the company's statutory auditors, conducted a limited review of the financial results and issued an unmodified review opinion. The Audit Committee reviewed the results before Board approval, ensuring proper governance procedures.

Financial Position Details

The company maintained a stable capital structure with paid-up equity share capital of ₹1,605.12 lakhs, consisting of shares with a face value of ₹10 each. Tax expenses for Q3FY26 were ₹226.80 lakhs compared to ₹290.74 lakhs in the corresponding previous quarter, reflecting efficient tax management.