Panasonic Energy India Co. Ltd. has submitted its Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The company filed this compliance certificate with BSE Limited on April 08, 2026, through its registrar and share transfer agent MUFG Intime India Private Limited.

Regulatory Compliance Certificate Details

The certificate confirms that securities received from depository participants for dematerialisation during Q4FY26 were properly processed and confirmed to the depositories within prescribed timelines. MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, issued the confirmation certificate on April 03, 2026.

Certificate Confirmation Process

The registrar confirmed that all security certificates received for dematerialisation were properly verified, mutilated, and cancelled after due verification by depository participants. The names of depositories were substituted in the register of members as registered owners within the prescribed timelines. Ashok Shetty, Sr. Vice President-Corporate Registry at MUFG Intime India Private Limited, signed the confirmation certificate.

Previous Regulatory Disclosure

Earlier, on April 07, 2026, Panasonic Energy India Co. Ltd. had communicated to BSE that it does not qualify under the 'Large Corporate' categorization as defined by SEBI. This disclosure was made in compliance with SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023, regarding fund raising by issuance of debt securities by large entities.

Company Information

Panasonic Energy India Co. Ltd. operates with CIN L31400GJ1972PLC002091 and maintains its registered office at G.I.D.C., Makarpura, Vadodara, Gujarat. The company holds multiple ISO certifications including ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018. Company Secretary Srishti Jain signed both regulatory filings, maintaining transparency in corporate governance and regulatory compliance.

Panasonic Energy India Co. Ltd. published its unaudited financial results for the quarter and nine months ended December 31, 2025, in newspapers as mandated under regulatory requirements. The company informed BSE about the newspaper publication through a formal notice dated February 10, 2026.

Regulatory Compliance and Publication

The company fulfilled its obligation under Regulation 30 of SEBI Listing Regulations by publishing the financial results in Business Standard (English) and Loksatta (Vernacular) newspapers on February 10, 2026. The Board of Directors had approved these results in their meeting held on February 09, 2026, with statutory auditors issuing an unmodified review report.

Financial Performance Overview

The company's Q3 FY26 performance showed challenging results with a shift from profit to loss compared to the previous year. The quarterly results reflect operational difficulties despite maintaining relatively stable revenue levels.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, the company experienced significant decline across key financial metrics compared to the corresponding period in the previous year.

Exceptional Items and Labour Code Impact

The company reported exceptional items of ₹339.77 lakhs for Q3 FY26, primarily due to the impact of new Labour Codes notified by the Government of India on November 21, 2025. This impact includes gratuity provisions of ₹324.91 lakhs and leave encashment provisions of ₹14.86 lakhs, arising from changes in wage definitions under consolidated labour laws.

Accounting Changes and Depreciation Adjustments

During the nine-month period, the company revised its accounting estimates for depreciation, including method change from Written Down Value to Straight Line Method and removal of residual value for certain assets. These changes resulted in an increased depreciation charge of ₹45.24 lakhs for the period, with an expected annual increase of ₹55.14 lakhs.

Regulatory Monitoring and Future Considerations

The company continues monitoring Battery Waste Management Rules developments issued by the Ministry of Environment, Forest and Climate Change. These rules regulate collection, recycling, and disposal of battery waste under Extended Producer Responsibility framework. The company has made representations regarding practical challenges and awaits further Ministry guidance to assess potential financial impacts.