Orchasp Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The submission was made on April 11, 2026, by Managing Director and CFO P. Chandra Sekhar.

Regulatory Compliance Submission

The company filed its compliance certificate under Regulation 74(5) of SEBI (DP) Regulations for the quarter ended March 31, 2026. The certificate was prepared and signed by Aarthi Consultants Private Limited, which serves as the company's registrar and share transfer agents based in Hyderabad.

Compliance Confirmations

The certificate confirms that Aarthi Consultants Private Limited has complied with required actions within 15 days of receipt of security certificates from depository participants for dematerialization purposes. The registrar confirmed completion of the following compliance activities:

• Securities comprised in dematerialized certificates are listed on stock exchanges where earlier issued securities are listed
• Mutilation and cancellation of security certificates forwarded by participants
• Substitution of depository name as registered owner in company records

Corporate Details

OrchASP Limited operates under CIN L72200TG1994PLC017485 and trades on stock exchanges with scrip code 532271 and symbol 'ORCHASP'. The compliance certificate was digitally signed by P. Chandra Sekhar, who holds the position of Managing Director and CFO with DIN 01647212.

Aarthi Consultants Private Limited, the registrar handling the compliance, operates as a Category I Registrars & Share Transfer Agents with SEBI registration number INR000000379. The certificate was signed by Jagan Mohan Gobburi in his capacity as Compliance Officer.

Orchasp Limited has received a GST audit spot memo from tax authorities involving a substantial financial exposure of ₹12,58,59,446. The company disclosed this development to stock exchanges on March 28, 2026, in compliance with SEBI listing regulations.

GST Audit Notice Details

The spot memo was issued by the Office of the Commissioner of Goods and Services Tax (Central Tax), Hyderabad Audit, Hyderabad. The notice was received via email on March 27, 2026, at 15:49 hours and relates to GST audit proceedings for a four-year period from 2020-21 to 2023-24.

Alleged Violations and Financial Impact

The tax authorities have alleged non-payment of GST on import of services under the Reverse Charge Mechanism. This violation falls under Section 74 of the CGST/SGST Act 2017, read with Section 20 of the IGST Act 2017.

Company Response and Next Steps

Orchasp Limited has stated that it is currently in the process of evaluating the spot memo and its consequences. The company has not provided any timeline for resolution or indicated its stance on the allegations at this stage.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically under sub-paragraph 8 of paragraph B of Part A of Schedule III. The company also referenced SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, in its compliance filing.

Regulatory Compliance

The disclosure was signed by P. Chandra Sekhar, Managing Director and CFO of Orchasp Limited (DIN: 01647212), and submitted to both BSE Limited and The National Stock Exchange of India Limited. The company's scrip code is 532271 on BSE and symbol ORCHASP on NSE.