Parmeshwar Metal Limited has completed its regulatory filing by submitting the confirmation certificate under SEBI (Depositories and Participants) Regulations for the quarter ended March 31, 2026. The submission was made to BSE Limited on April 11, 2026, ensuring compliance with mandatory regulatory requirements.

Regulatory Compliance Details

The parmeshwar metal submitted its confirmation certificate pursuant to Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. The certificate was duly processed and confirmed by MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, which serves as the company's registrar and share transfer agent.

Certificate Confirmation Process

MUFG Intime India Private Limited confirmed that securities received from depository participants for dematerialisation during the quarter ended March 31, 2026, were properly processed and confirmed to the depositories. The registrar verified that all security certificates received for dematerialisation were confirmed or rejected within prescribed timelines.

The confirmation process included:

• Proper verification of security certificates by depository participants
• Mutilation and cancellation of physical certificates after verification
• Substitution of depository names in the register of members as registered owners
• Compliance with prescribed timelines for all procedures

Corporate Information

The submission was signed by Shantilal Shah, Managing Director of Parmeshwar Metal Limited, and processed through the company's registered office in Gujarat. MUFG Intime India Private Limited, with CIN U67190MH1999PTC118368, operates from its registered address in Mumbai and maintains SEBI registration for providing registrar and share transfer services.

This quarterly submission demonstrates the company's adherence to regulatory compliance requirements and proper maintenance of securities records as mandated by SEBI regulations.

Parmeshwar metal Limited has received an order from the GST Authority in Gujarat confirming a demand of Rs. 10.87 crore on March 26, 2026. The company disclosed this development through a regulatory filing under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

GST Authority Order Details

The order was issued by the Deputy Commissioner of State Tax (Enforcement) Division-03, Gandhinagar in Form GST DRC-07. The demand structure includes multiple components as detailed below:

The order falls under the provisions of the Central Goods and Service Tax Act, 2017 (CGST Act, 2017) and the Gujarat Goods and Service Tax Act, 2017 (GJGST Act, 2017).

Nature of Alleged Violations

The GST Authority's order pertains to alleged inadmissible Input Tax Credit (ITC) that the company reportedly received from non-existent suppliers and tax defaulters. This represents a common area of scrutiny by tax authorities, where businesses claim ITC from suppliers who may not have legitimate operations or have defaulted on their tax obligations.

Company's Response and Next Steps

Parmeshwar Metal Limited has outlined its response strategy to the GST demand:

• The company plans to file an appeal before the Appellate Authority against the order
• Management believes the demand confirmed in the order is without merit
• The company expects the demand to be set aside during appellate proceedings
• No material impact is anticipated on financial, operational, or other business activities

Regulatory Compliance

The disclosure was made in compliance with SEBI regulations, specifically Regulation 30 read with Schedule III of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, and the SEBI Master Circular dated November 11, 2024. The filing was signed by Shantilal Shah, Managing Director of the company, on March 26, 2026.