SNL Bearings Limited has submitted its quarterly compliance certificate to BSE Limited, confirming adherence to SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended March 31, 2026. The submission was made on April 3, 2026, as part of the company's regular regulatory compliance requirements.

Regulatory Compliance Details

The compliance certificate was issued under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. This regulation mandates specific compliance requirements for listed companies regarding their depository operations and participant activities.

Registrar and Share Transfer Agent Confirmation

The compliance certificate was provided by MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, which serves as SNL Bearings' registrar and share transfer agent. MUFG Intime India is a SEBI registered Category I RTA bearing Registration Number INR000004058.

The registrar confirmed that securities received from depository participants for dematerialization during the quarter ended March 31, 2026, were properly processed and confirmed to the depositories. The certificate also validates that all securities comprised in the certificates have been listed on the stock exchanges where the company's previously issued securities are traded.

Dematerialization Process Compliance

MUFG Intime India confirmed several key compliance aspects in their certificate:

• Securities received for dematerialization were confirmed or rejected within prescribed timelines
• Security certificates received were mutilated and cancelled after due verification by the depository participant
• The names of the depositories have been substituted in the register of members as the registered owner
• All processes were completed within the regulatory timelines

Corporate Communication

The submission was signed by Satish Rangani, Director of SNL Bearings Limited, and digitally authenticated on April 3, 2026. The communication was addressed to BSE Limited's Corporate Relationship Department, maintaining the company's transparent approach to regulatory compliance and stakeholder communication.

This quarterly compliance submission demonstrates SNL Bearings' commitment to maintaining proper regulatory standards and ensuring smooth depository operations for its shareholders and market participants.

SNL Bearings Limited has announced its unaudited financial results for the quarter ended December 31, 2025, alongside significant capacity expansion plans to meet growing market demand. The Board of Directors approved these developments during their meeting held on February 07, 2026.

Financial Performance for Q3FY26

The company delivered steady performance during the third quarter, with revenue from operations reaching ₹1,426 lakhs compared to ₹1,246 lakhs in the corresponding quarter of the previous year. Net profit after tax stood at ₹265 lakhs for the quarter, while the previous year's corresponding quarter recorded ₹291 lakhs.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, the company demonstrated robust growth with revenue from operations increasing to ₹4,140 lakhs from ₹3,738 lakhs in the corresponding period of the previous year. Net profit after tax for the nine-month period reached ₹828 lakhs compared to ₹806 lakhs in the previous year, reflecting consistent operational efficiency.

Strategic Capacity Enhancement Initiative

The Board approved a comprehensive capacity enhancement plan to address increasing market demand. The company's current capacity is expected to be almost fully utilized by Q4FY26, necessitating this strategic expansion.

The expansion will enhance production capabilities for cages with rollers, cages without rollers, and needle rollers across automotive and industrial applications. The company supplies to two-wheeler, passenger car, commercial vehicle, farm equipment, and industrial segments using specialized technology and design.

Corporate Governance Updates

The Board meeting, which commenced at 1:35 p.m. and concluded at 7:00 p.m., addressed several governance matters. The company acknowledged the resignation of Ms. Pooja Ponda as Company Secretary and Compliance Officer effective January 29, 2026. Additionally, the Board approved changes to the Policy for materiality of Related Party Transactions in accordance with recent amendments to SEBI Regulations and the Companies Act, 2013.

Market Position and Outlook

SNL Bearings operates as an important player in the supply of specialized cages and needle rollers, serving diverse automotive and industrial applications. The company's decision to expand capacity reflects strong business forecasts and demand that has exceeded current production capabilities. The expansion strategy positions the company to capitalize on growing market opportunities while maintaining its technological edge in bearing components manufacturing.