Sonata Software Limited has issued a clarification to BSE Limited following an exchange query about significant volume movement in the company's shares. The response, dated April 17, 2026, addresses BSE's concerns regarding unusual trading activity in the stock.

Company's Response to Volume Movement Query

The IT services company received a communication from BSE with reference number L/SURV/ONL/PV/SG/2026-2027/44 dated April 17, 2026, highlighting a significant increase in trading volume across exchanges. In its formal response, Sonata Software emphasized its commitment to regulatory compliance and transparency.

Regulatory Compliance Confirmation

Sonata Software confirmed that all disclosures required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 have been made promptly. The company stated that it has disseminated all material information, including price-sensitive data, to exchanges in accordance with its corporate governance policies.

The company specifically clarified that it is not aware of any information or pending announcements that could influence the stock's price or volume behavior. This statement addresses potential market speculation about undisclosed developments that might have triggered the volume surge.

Ongoing Commitment to Transparency

In its communication signed by Company Secretary, Compliance Officer and Head-Legal Mangal Kulkarni, Sonata Software reaffirmed its commitment to maintaining transparency with market regulators. The company undertook to continue updating exchanges about all material events and information as required under applicable laws.

Such volume movement queries are routine regulatory procedures that exchanges use to ensure market integrity and prevent information asymmetry. Companies are required to respond promptly to clarify whether any undisclosed developments might be influencing unusual trading patterns in their securities.

Sonata Software Limited has submitted its quarterly compliance certificate to stock exchanges in accordance with regulatory requirements for the quarter ended 31st March, 2026. The submission was made on 7th April, 2026, to both the National Stock Exchange of India Limited and BSE Limited.

Regulatory Compliance Submission

The compliance certificate was submitted pursuant to Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. This regulatory requirement ensures proper oversight of dematerialisation processes and securities handling by listed companies.

Certificate Details and Confirmations

The compliance certificate was issued by KFin Technologies Limited, serving as Sonata Software's Registrar and Share Transfer Agent. The certificate provides comprehensive confirmations regarding the handling of securities during the specified quarter.

KFin Technologies Limited confirmed that:

• Securities received from depository participants for dematerialisation during the quarter ended March 2026 were properly confirmed to the depositories
• Securities comprised in the certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialisation have been mutilated and cancelled after due verification by the depository participant
• Names of depositories have been substituted in the register of members as registered owners within the required 21-day timeframe

Administrative Details

The certificate was digitally signed by Mangal Kulkarni, Company Secretary, Compliance Officer and Head Legal of Sonata Software Limited, on 7th April, 2026. The corresponding confirmation from KFin Technologies Limited was dated 2nd April, 2026, and signed by Dnyanesh Gharote, Vice President.

This quarterly compliance submission demonstrates Sonata Software's adherence to SEBI regulations governing depositories and participants, ensuring transparent and compliant handling of securities dematerialisation processes.