Spice Islands Industries Limited has notified BSE Limited about its exemption from submitting the Annual Secretarial Compliance Report for the financial year ending March 31, 2026. The communication, dated April 16, 2026, was signed by Company Secretary and Compliance Officer Arti Lalwani.

Regulatory Exemption Details

The company's exemption is based on Regulation 15(2)(b) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation provides relief from Corporate Governance provisions specified in Regulation 24A for certain categories of listed entities.

Company's Financial Position

Spice Islands Industries Limited meets the exemption criteria based on its financial position as on March 31, 2025. The company has certified its compliance with the regulatory thresholds that allow it to avoid the mandatory secretarial compliance reporting requirement.

Regulatory Framework

The exemption falls under two specific categories outlined in SEBI regulations:

• Listed entities with paid-up capital not exceeding Rs. 10.00 crore and net worth not exceeding Rs. 25.00 crore as on the last day of the previous financial year
• Listed entities whose specified securities are listed on SME Exchange platform

Spice Islands Industries Limited qualifies under the first category based on its financial metrics. The company's paid-up capital of Rs. 4.30 crore and net worth of Rs. 2.36 crore are both significantly below the prescribed limits, ensuring clear compliance with the exemption criteria.

Company Information

Formerly known as Spice Islands Apparels Limited, the company operates from its registered office in Bhandup Industrial Estate, Mumbai. The notification was submitted to BSE Limited under scrip code 526827, fulfilling the company's disclosure obligations regarding its compliance status.

Spice Islands Industries Limited has filed its quarterly compliance certificate with BSE Limited, fulfilling regulatory obligations under SEBI (Depositories and Participants) Regulations, 2018. The submission, dated April 09, 2026, covers the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company submitted the confirmation certificate pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. This regulatory requirement ensures proper oversight of securities dematerialisation processes and maintains transparency in depository operations.

Registrar Confirmation

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, serves as the company's registrar and share transfer agent. The registrar issued the confirmation certificate on April 3, 2026, certifying compliance with dematerialisation procedures.

The certificate confirms that securities received from depository participants for dematerialisation during Q4FY26 were properly processed. MUFG Intime verified that all security certificates received were mutilated and cancelled after due verification by the depository participant, with depositories' names substituted in the register of members within prescribed timelines.

Corporate Information

Spice Islands Industries Limited, earlier known as Spice Islands Apparels Limited, maintains its registered office at Unit No. 3043-3048, 3rd Floor, Bhandup Industrial Estate, Mumbai. The company secretary and compliance officer Arti Lalwani signed the submission document, ensuring proper corporate governance protocols.

The filing represents routine regulatory compliance, demonstrating the company's commitment to maintaining proper securities handling procedures and adhering to SEBI guidelines for depository operations.