Speedage Commercials Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st March, 2026.

Regulatory Compliance Submission

The company submitted the mandatory certificate under Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 on April 10, 2026. The submission was made by Director Meenakshi J. Bhansali to BSE Limited's Corporate Relationship Department.

Certificate Details and Confirmation

The compliance certificate was issued by MUFG Intime India Private Limited (formerly Link Intime India Private Limited), which serves as the company's Registrar and Share Transfer Agent. The certificate, dated April 3, 2026, confirms that all securities received from depository participants for dematerialisation during the quarter were properly processed.

MUFG Intime India confirmed that securities received for dematerialisation were accepted or rejected within prescribed timelines, and that security certificates were mutilated and cancelled after due verification. The registrar also confirmed that the names of depositories were substituted in the register of members as registered owners following proper procedures.

Company Information

Speedage Commercials Limited operates from its registered office at Peninsula Heights, Andheri (West), Mumbai. The company maintains its corporate website at www.sheratonproperties.in and carries the Corporate Identity Number L45202MH1985PLC036920.

Regulatory Framework

The submission under Regulation 74(5) represents a standard quarterly compliance requirement for listed companies under SEBI's depositories and participants regulations. This regulation ensures proper oversight of dematerialisation processes and maintains transparency in securities handling by registrar and transfer agents.

Speedage Commercials Limited announced its unaudited standalone financial results for the quarter and nine months ended December 31, 2025, following Board of Directors approval on February 7, 2026. The company demonstrated strong operational performance with net profit of ₹107.63 lakhs despite challenges in other comprehensive income.

Board Meeting and Regulatory Compliance

The Board of Directors meeting was held on Saturday, February 7, 2026, from 3:10 p.m. to 3:30 p.m., where directors considered and approved the unaudited financial results. The results were reviewed by the Audit Committee and received limited review from statutory auditors B L Dasharda & Associates, Chartered Accountants, in compliance with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Q3FY26 Financial Performance

The company reported robust financial metrics for the third quarter, with total income of ₹149.21 lakhs generated entirely from other income, as no revenue from operations was recorded during the quarter.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Speedage Commercials maintained consistent profitability despite a slight decline compared to the previous year.

Expense Structure and Tax Details

The company maintained a lean expense structure with employee benefits expense of ₹2.60 lakhs and other expenses of ₹1.82 lakhs in Q3FY26. Tax expenses totaled ₹37.16 lakhs, comprising current tax of ₹37.14 lakhs and deferred tax of ₹0.02 lakhs.

Comprehensive Income Impact

Despite strong operational performance, the company recorded total comprehensive loss of ₹1,258.09 lakhs for Q3FY26 due to other comprehensive loss of ₹1,365.72 lakhs. For the nine-month period, comprehensive loss stood at ₹2,037.35 lakhs compared to comprehensive income of ₹4,047.71 lakhs in the corresponding previous period.

Corporate Structure and Compliance Notes

The company operates in a single business segment with paid-up equity share capital of ₹98.00 lakhs at face value of ₹10 per share. The results are prepared in accordance with Indian Accounting Standards (Ind AS 34) and comply with SEBI regulations. The financial results are available on the company's website and BSE Limited's portal where shares are listed.