Solitaire Machine Tools Limited has issued a clarification to the Bombay Stock Exchange regarding recent price movements in its shares, stating that no undisclosed material information exists that could influence the stock's performance.

BSE Inquiry Response

The company responded to BSE's surveillance department inquiry dated April 10, 2026, through a formal communication on April 11, 2026. The exchange had sought clarification on the price movement of the company's shares traded on its platform.

Company's Position

Solitaire Machine Tools clarified that there is no additional information or pending announcements under Regulation 30 of SEBI (Listing Observations and Disclosure Requirements) Regulations, 2015, that could impact share price movements. The company emphasized that its management has no direct connection to the stock's price fluctuations.

The key points highlighted in the response include:

• No undisclosed price-sensitive information exists
• Share price movements are purely market-driven
• Fluctuations depend on prevailing market conditions
• Company maintains regular compliance with disclosure requirements

Regulatory Compliance

The company reaffirmed its commitment to transparency and regulatory compliance. Solitaire Machine Tools stated that it has been regularly disseminating price-sensitive information in accordance with SEBI regulations and will continue this practice. The company emphasized its belief in complete compliance with corporate governance requirements.

Corporate Information

The response was signed by Reshma Kiri, Company Secretary and Compliance Officer (ACS - 54902), on behalf of Solitaire Machine Tools Limited. The company operates from its registered office and Plant II located at Krishna Industrial Estate, Gorwa, Vadodara, with an additional Plant I facility on Dharamsinh Desai Marg, Vadodara.

Solitaire Machine Tools Limited has notified the BSE regarding its exemption from filing the Annual Secretarial Compliance Report for the financial year ending March 31, 2026. The company cited regulatory provisions under SEBI Listing Regulations that exempt companies with paid-up equity share capital below Rs 10 crore from certain compliance requirements.

Regulatory Exemption Details

The company is claiming exemption under Regulation 15(2) of Chapter IV of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This exemption applies to companies whose paid-up equity share capital does not exceed Rs 10 crore as on the last day of the financial year.

Compliance Status and Future Commitments

Due to this exemption, Solitaire Machine Tools Limited is not required to submit the Secretarial Compliance Report under Regulation 24A or the Corporate Governance Report for the year ended March 31, 2026. The company has registered offices at A-24/25 Krishna Industrial Estate, Near BIDC, Gorwa, Vadodara, Gujarat.

The company has provided an undertaking that if these regulations become applicable in the future, it will comply with all requirements within six months from the date the provisions become applicable. The notification was signed by Company Secretary Reshma Kiri and submitted to BSE on April 08, 2026.

Financial Position

While the company's paid-up equity share capital as of March 31, 2026, stands at Rs 4.54 crore, its net worth as of the previous year was significantly higher at Rs 19.61 crore. The company noted that audited figures for the year ended March 31, 2026, are still awaited, preventing the disclosure of exact net worth figures for the current period.

This regulatory exemption allows smaller listed companies to operate with reduced compliance burden while maintaining essential disclosure requirements. The company continues to maintain its listing status on BSE under the scrip code 522152.