Sanwaria Consumer Limited has submitted its quarterly confirmation certificate to stock exchanges and depositories, reporting zero dematerialization requests for the quarter ended March 31, 2026. The filing was made in compliance with Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Filing

The company filed identical certificates with multiple regulatory bodies on April 11, 2026, confirming its compliance status for the quarter. The certificates were submitted to key market infrastructure institutions to maintain transparency in share dematerialization activities.

Stock Exchange and Depository Notifications

Sanwaria Consumer Limited submitted the confirmation certificates to both major stock exchanges where its shares are listed. The company also filed with the primary depositories handling dematerialization services in India.

Recipients of Filing:

• Bombay Stock Exchange (BSE) - Scrip Code: 519260
• National Stock Exchange (NSE) - Symbol: SANWARIA
• National Securities Depositories Limited (NSDL) - Entity: IN100559
• Central Depository Services Limited (CDSL) - RTA ID: 296

Corporate Status

The company continues to operate under Corporate Insolvency Resolution Process following an order from the Hon'ble National Company Law Tribunal (NCLT) dated May 29, 2020. Despite this status, the company maintains its regulatory filing obligations and compliance requirements.

Quarterly Confirmation Process

The quarterly confirmation certificate is a mandatory requirement under SEBI regulations, ensuring transparency in the dematerialization process. Companies must report the status of physical share certificates received for conversion to electronic form, even when no requests are received during the reporting period.

The filing demonstrates Sanwaria Consumer Limited's continued adherence to regulatory requirements despite its current insolvency proceedings. The zero dematerialization requests indicate minimal trading activity in physical share certificates during the reported quarter.

Sanwaria Consumer Limited has released its unaudited financial results for the third quarter of fiscal year 2026, covering the period ended December 31, 2025. The company submitted these results to both BSE and NSE in compliance with Regulation 33 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Corporate Insolvency Status

The company remains under Corporate Insolvency Resolution Process following an order by the Hon'ble National Company Law Tribunal (NCLT) dated May 29, 2020. The insolvency proceedings were initiated by creditor Mr. Kishor Ramniklal Unadikat, sole proprietor of M/s Shakti Clearing Agency, under section 9 of The Insolvency and Bankruptcy Code, 2016.

Resolution Process Developments

The Resolution Professional had invited expressions of interest from potential investors for the company's revival. Five eligible expressions of interest were received, following which resolution plans were solicited from these parties. However, the Committee of Creditors (CoC) rejected all submitted resolution plans after detailed discussions and voting.

Following the rejection of all resolution plans, the CoC has decided to proceed with liquidation of the company. An application for initiation of the liquidation process has been filed with the Hon'ble NCLT.

Auditor's Review and Concerns

The quarterly results were reviewed by statutory auditors Husain Shabbir & Co., Chartered Accountants (ICAI Firm Registration No. 006601C). The auditors highlighted several significant concerns in their review report:

• All expenses have been treated on cash basis in the books of accounts, which contradicts the company's established accounting policy
• Bank balances remain subject to confirmation from management
• No transactions occurred in bank accounts during the past period, except for two bank accounts where balances have been carried forward

Regulatory Compliance

Despite the ongoing insolvency proceedings, Sanwaria Consumer Limited continues to fulfill its regulatory obligations under SEBI listing requirements. The financial results for the quarter ended December 31, 2025, include both standalone and consolidated statements, prepared in accordance with Indian Accounting Standard 34 "Interim Financial Reporting" (Ind AS 34).

The results were signed by the Chief Financial Officer of the company and submitted to stock exchanges on February 14, 2026, maintaining compliance with disclosure requirements even while operating under the insolvency framework.