Shanthi gears Limited has filed its quarterly compliance certificate under SEBI (Depositories and Participants) Regulations, 2018 for the fourth quarter of FY26. The submission was made to both the National Stock Exchange of India Limited and BSE Limited on April 4, 2026.

Regulatory Compliance Submission

The compliance certificate covers the period from January 1, 2026 to March 31, 2026, as mandated under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. Company Secretary and Compliance Officer Walter Vasanth P J signed and submitted the documentation to both stock exchanges where the company's shares are listed.

Registrar Confirmation

MUFG Intime India Private Limited, formerly Link Intime India Private Limited, serves as the company's Registrar and Transfer Agents. The firm issued the compliance certificate on April 3, 2026, confirming adherence to dematerialisation requirements during the quarter ended March 31, 2026.

The certificate confirms that securities received from depository participants for dematerialisation were properly processed within prescribed timelines. MUFG Intime verified that all security certificates received for dematerialisation were confirmed or rejected appropriately, with physical certificates being mutilated and cancelled after due verification.

Process Verification

The Registrar confirmed several key compliance aspects for the quarter:

• Securities received for dematerialisation were confirmed to depositories
• All securities comprised in certificates have been listed on relevant stock exchanges
• Security certificates were properly mutilated and cancelled after verification
• Depository names were substituted in the register of members as registered owners
• All processes were completed within prescribed regulatory timelines

Sr. Vice President-Corporate Registry Ashok Shetty signed the confirmation certificate on behalf of MUFG Intime India Private Limited. This quarterly filing demonstrates the company's ongoing commitment to regulatory compliance and proper maintenance of shareholder records through its appointed transfer agents.

Shanthi gears Limited has successfully obtained regulatory approvals from both major Indian stock exchanges for the reclassification of a promoter group entity. The company announced that it has received no-objection letters from the National Stock Exchange of India Limited and BSE Limited for reclassifying Algavista Greentech Private Limited from its promoter group under SEBI regulations.

Regulatory Approvals Received

Both exchanges granted their respective approvals on March 20, 2026, following the company's application process that began in January 2026. The approvals were issued under Regulation 31A of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Application Timeline

Shanthi Gears Limited had submitted its application for the reclassification on January 23, 2026. This followed a series of earlier submissions made by the company on December 18, 2025, January 22, 2026, and January 23, 2026, indicating a structured approach to the reclassification process.

Entity Being Reclassified

The reclassification involves Algavista Greentech Private Limited, which was previously categorized as part of Shanthi Gears' promoter group. Both NSE and BSE have specifically mentioned this entity in their approval letters as the subject of the reclassification request.

Compliance Requirements

Both exchanges have emphasized the importance of ongoing compliance following the reclassification. NSE's approval letter, signed by Manager – Listing Compliance Apeksha Raichura, requires the company to ensure compliance with subsequent relevant disclosures of material events related to this reclassification.

Similarly, BSE's approval, signed by Deputy Vice President Jayshree Soni and Manager Harshad Naik, mandates adherence to applicable provisions of Regulation 31A of SEBI (LODR) Regulations, 2015. The BSE letter also mentions that the approval may be forwarded to depositories, registrar and share transfer agents for necessary action.

Corporate Communication

The intimation was signed by Walter Vasanth P J, Company Secretary & Compliance Officer of Shanthi Gears Limited, and was digitally signed on March 20, 2026. The company has provided copies of both approval letters to stakeholders for information and records, ensuring transparency in the reclassification process.