Shyam telecom Limited has filed its mandatory quarterly compliance certificate with the Bombay Stock Exchange and National Stock Exchange of India for the quarter ended 31st March, 2026. The submission fulfills regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018, specifically Regulation 74(5).

Regulatory Compliance Submission

The company submitted the compliance certificate on 7th April, 2026, through the respective stock exchange portals. The certificate was originally issued by Indus Shareshree Private Limited, the company's Registrar and Share Transfer Agent, on 6th April, 2026.

Certificate Details and Confirmations

The compliance certificate confirms that securities received from depository participants for dematerialization during the quarter were properly processed and confirmed to the depositories. Indus Shareshree Private Limited, formerly known as Indus Portfolio Private Limited, certified that all securities comprised in the certificates have been listed on stock exchanges where the company's previously issued securities are traded.

The registrar also confirmed adherence to procedural requirements, including the mutilation and cancellation of physical security certificates after verification by depository participants. Additionally, the names of depositories were substituted in the register of members as registered owners within the mandated 15-day timeframe.

Stock Exchange Communication

Shyam Telecom Limited communicated with both major Indian stock exchanges through their designated channels. The submission to BSE was made through the BSE Listing Centre, while the NSE submission was processed through NEAPS (NSE Electronic Application Processing System).

Company and Registrar Information

The compliance certificate was signed by Kamini, Company Secretary and Compliance Officer of Shyam Telecom Limited. The company maintains its corporate office at A-60, Naraina Industrial Area, Phase-I, New Delhi. Indus Shareshree Private Limited, operating as a Category 1 Registrar and Transfer Agent, processed and issued the quarterly compliance confirmation from its corporate office in New Delhi.

This quarterly submission represents part of the ongoing regulatory compliance framework that listed companies must maintain with SEBI and stock exchanges to ensure transparency in dematerialization processes and depository operations.

Shyam Telecom Limited has announced its unaudited financial results for the quarter ended December 31, 2025, reporting a net loss of ₹27.38 lakhs compared to ₹41.14 lakhs loss in the corresponding quarter of the previous year. The company's Board of Directors approved these results during their meeting held on February 12, 2026, through video conferencing.

Financial Performance Overview

The telecommunications company recorded total revenue of ₹18.68 lakhs for Q3 FY26, entirely from other income, as operational revenue remained nil. This represents a significant improvement from ₹3.32 lakhs recorded in Q3 FY25. However, total expenses for the quarter stood at ₹45.66 lakhs, resulting in the reported loss.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, Shyam Telecom reported a substantial net loss of ₹466.51 lakhs compared to ₹129.68 lakhs in the corresponding period of the previous year. Total revenue for the nine-month period reached ₹25.56 lakhs, while total expenses escalated to ₹491.94 lakhs.

Expense Breakdown and Operational Challenges

Employee benefit expenses constituted the largest component at ₹34.51 lakhs for Q3 FY26, compared to ₹30.84 lakhs in Q3 FY25. Other expenses amounted to ₹7.76 lakhs, while depreciation and amortization expenses stood at ₹3.39 lakhs. The company reported no finance costs or operational revenue during the quarter.

Auditor's Concerns and Going Concern Issues

Statutory auditors M/s Padam Dinesh & Co. highlighted significant concerns in their limited review report. The auditors noted that the company's net worth has been fully eroded, and current liabilities substantially exceed current assets. These conditions indicate material uncertainty about the company's ability to continue as a going concern, though the financial results have been prepared on a going concern basis.

Regulatory Compliance and Market Communication

The board meeting commenced at 1:00 PM and concluded at 1:25 PM on February 12, 2026. Company Secretary and Compliance Officer Kamini communicated the results to both BSE (security code 517411) and NSE (symbol SHYAMTEL) in compliance with SEBI regulations. The company plans to publish these results in English and Hindi newspapers within 48 hours of the board meeting conclusion.