Solitaire Machine Tools Limited has submitted its quarterly Reconciliation of Share Capital Audit Report for the quarter ended March 31, 2026, to BSE Limited. The report, mandated under Regulation 76 of SEBI (Depositories and Participants) Regulations, 2018, was prepared by practicing company secretaries H. M. Mehta & Associates and submitted on April 13, 2026.

Share Capital Structure

The audit report provides a comprehensive overview of the company's share capital structure as of March 31, 2026. The company's equity shares carry a face value of Rs. 10/- each and are listed exclusively on BSE Limited under scrip code 522152.

Dematerialization Status

The report highlights a strong dematerialization trend among shareholders, with 95.75% of total shares held in electronic form. The National Securities Depository Limited (NSDL) holds the majority of dematerialized shares at 63.45%, while Central Depository Services Limited (CDSL) accounts for 32.30%. Only 4.25% of shares remain in physical certificate form.

Quarterly Changes and Compliance

The audit confirms no changes occurred in the company's share capital during the quarter ended March 31, 2026. No corporate actions such as rights issues, bonus issues, preferential allotments, ESOPs, amalgamations, conversions, buybacks, or capital reductions were undertaken during this period.

Key Compliance Highlights:

• Register of members updated and maintained properly
• No excess dematerialized shares reported
• No pending dematerialization requests beyond 21 days
• Complete reconciliation achieved between issued, listed, and outstanding shares

Company Details and Contact Information

Solitaire Machine Tools Limited operates from its registered office at A-24/25, Krishna Industrial Estate, Gorwa, Vadodara – 390016. The company has appointed Ms. Reshma Shahil Kiri as Company Secretary and Compliance Officer (ACS-54902). For registry work, the company has engaged MUFG Intime India Private Limited as the common agency.

Historical Context

The audit report provides important historical context regarding the company's public offering. The company made an initial public offer of 50,39,750 shares in 1993, which was undersubscribed by 4,97,574 shares. Only 45,42,176 shares were subscribed and subsequently listed on BSE, with the unsubscribed portion lapsing. This explains why the current issued and listed capital reflects 45,42,176 shares, as recorded in the company's master data on the MCA website.

The reconciliation audit, certified by Mr. Hemang Mehta (C.P. No.: 2554) of H. M. Mehta & Associates, confirms complete alignment between the company's records and depository data, ensuring regulatory compliance and transparency for stakeholders.

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.