Saurashtra cement Limited has submitted its quarterly compliance certificate to stock exchanges and depositories, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The filing, dated April 09, 2026, covers the quarter and financial year ended March 31, 2026.

Regulatory Compliance Filing

The company filed the mandatory certificate under Regulation 74(5) of SEBI regulations with both BSE Limited and National Stock Exchange of India Limited. The submission also included notifications to National Securities Depository Limited and Central Depository Services (India) Limited, ensuring comprehensive compliance across all relevant regulatory bodies.

Certificate from Registrar and Transfer Agent

MUFG Intime India Private Limited, formerly Link Intime India Private Limited, issued the compliance certificate dated April 02, 2026. As the company's registrar and transfer agent, MUFG Intime confirmed adherence to dematerialization procedures and securities handling requirements during the specified period.

The certificate confirms that securities received from depository participants for dematerialization during the quarter ended March 31, 2026 were properly processed. All securities were confirmed to depositories within prescribed timelines, and the certificates received were appropriately mutilated and cancelled after due verification.

Dematerialization Process Confirmation

The registrar confirmed several key compliance aspects:

• Securities received for dematerialization were confirmed or rejected to depositories as required
• All securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates were mutilated and cancelled after proper verification by depository participants
• Names of depositories were substituted in the register of members as registered owners within prescribed timelines

Corporate Information

This regulatory filing demonstrates Saurashtra Cement Limited's commitment to maintaining compliance with SEBI regulations governing depositories and participants, ensuring proper handling of securities and adherence to prescribed procedures for dematerialization processes.

Saurashtra Cement Limited has released its unaudited financial results for the third quarter and nine months ended December 31, 2025, presenting a mixed performance with revenue growth offset by operational challenges. The company's Board of Directors approved these results during their meeting held on February 9, 2026, in compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Financial Performance Overview

The company demonstrated strong revenue growth across both quarterly and nine-month periods, though profitability remained under pressure due to increased operational costs and exceptional items.

Segment-wise Revenue Performance

Both business segments contributed to the overall revenue growth, with cement operations maintaining its position as the primary revenue driver.

Cost Structure and Operational Challenges

The company faced significant cost pressures across multiple expense categories, which impacted overall profitability despite revenue growth.

Total expenses for Q3FY26 reached ₹42,353.99 lakhs compared to ₹38,412.95 lakhs in the corresponding quarter of the previous year, representing a 10.26% increase.

Exceptional Items Impact

The company's results were significantly affected by exceptional items, particularly the implementation of new Labour Codes by the Government of India.

The Ministry of Labour & Employment notified the implementation of four Labour Codes with effect from November 21, 2025, including the Code on Wages 2019, Industrial Relations Code 2020, Code on Social Security 2020, and Occupational Safety, Health and Working Conditions Code 2020.

Regulatory Compliance and Board Approval

The unaudited financial results were submitted in accordance with Regulation 33 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The Board meeting commenced at 5.00 p.m. and concluded at 7.05 p.m. on February 9, 2026. Independent auditor Manubhai & Shah LLP conducted the limited review of both standalone and consolidated financial results.

Earnings Per Share and Capital Structure

The company's earnings per share reflected the challenging operational environment, with basic and diluted EPS standing at ₹(0.93) for Q3FY26 compared to ₹(0.40) in Q3FY25. The paid-up equity share capital remained stable at ₹11,125.32 lakhs with a face value of ₹10 per share.

Segment Profitability Analysis

Segment-wise results revealed mixed performance, with the cement segment showing improvement while the paints division continued to face challenges.

The consolidated results include the performance of Agrima Consultants International Limited, a wholly owned subsidiary, which contributed revenues of ₹14.66 lakhs and ₹43.48 lakhs for the quarter and nine months respectively.