Sterling Tools Limited has issued a formal clarification to stock exchanges regarding significant price movement in its shares, responding to queries received from both the National Stock Exchange of India Limited and BSE Limited on April 8, 2026.

Exchange Communications and Response

The company received official communications from both major stock exchanges seeking clarification on the notable price fluctuations. The queries were received through:

Company's Official Position

In its response dated April 9, 2026, Sterling Tools Limited provided a clear explanation regarding the stock price movement. The company stated that the price fluctuations are purely market-driven and attributed to prevailing market conditions. Management emphasized that they neither have control over nor possess specific knowledge regarding the reasons behind the significant price movement in the company's scrip.

Regulatory Compliance Assurance

The company reaffirmed its commitment to maintaining full regulatory compliance and transparency. Sterling Tools Limited assured that it has made and will continue to make all relevant disclosures in accordance with its obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time.

Corporate Communication Details

The clarification was signed by Pragya Saxena, Company Secretary and Compliance Officer, who holds ICSI Membership No. F9640. The response was digitally signed and submitted on April 9, 2026, at 10:48:10 +05'30', ensuring proper documentation and authentication of the corporate communication.

Market Context

This type of clarification is standard practice when stock exchanges notice unusual price movements and seek explanations from listed companies. The response demonstrates Sterling Tools Limited's adherence to corporate governance standards and its commitment to maintaining transparent communication with regulatory authorities and stakeholders.

Sterling Tools Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The filing demonstrates the company's commitment to maintaining transparency and regulatory compliance in its securities operations.

Regulatory Filing Details

The company filed the compliance certificate on 4th April, 2026, addressing both major stock exchanges where its shares are listed. Company Secretary & Compliance Officer Pragya Saxena signed the submission, ensuring proper authorization and accountability.

Compliance Confirmation from Registrar

MAS Services Limited, acting as Sterling Tools' Registrar & Share Transfer Agent, provided comprehensive confirmation of compliance for the quarter from 1st January, 2026 to 31st March, 2026. The registrar certified that all dematerialization processes were completed within regulatory timeframes.

Key compliance confirmations include:

• Securities received for dematerialization were confirmed within 15 days of receipt
• Security certificates were properly mutilated and cancelled after verification
• Depository names were substituted in the register of members within the prescribed timeframe
• All updates were communicated to depositories and stock exchanges within 15 days
• Register of members was updated accordingly

Regulatory Framework

Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 mandates companies to ensure timely processing of dematerialization requests. This quarterly certification process helps maintain investor confidence and ensures smooth functioning of the securities market infrastructure.

The compliance certificate serves as formal documentation that Sterling Tools and its registrar have adhered to all procedural requirements during Q4FY26. This includes proper handling of physical securities conversion to electronic form and maintaining accurate records as per SEBI guidelines.

Corporate Information

Sterling Tools Limited operates from its registered office at DLF Tower-B, Jasola District Centre, New Delhi, with manufacturing facilities in Faridabad, Haryana. The company maintains its corporate governance standards through regular compliance filings and transparent communication with regulatory authorities and stakeholders.