Stovec Industries Limited has submitted its quarterly confirmation certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The certificate was submitted to BSE Limited on April 14, 2026, by Company Secretary and Compliance Officer Sanjeev Singh Sengar.

Regulatory Compliance Certificate

The confirmation 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 (RTA). The certificate confirms compliance with SEBI regulations regarding the handling of securities received for dematerialization during Q4FY26.

Certificate Confirmation Details

MUFG Intime India Private Limited confirmed that securities received from depository participants for dematerialization during the quarter ended March 31, 2026 were properly processed. The RTA verified that all securities comprised in the certificates have been listed on stock exchanges where the company's earlier issued securities are listed.

The certificate also confirms that:

• Security certificates received for dematerialization were confirmed or rejected within prescribed timelines
• Received certificates were mutilated and cancelled after due verification by depository participants
• Names of depositories were substituted in the register of members as registered owners

Corporate Information

Stovec Industries Limited operates from its registered office and factory located at N.I.D.C., Near Lambha Village, Post Narol, Ahmedabad - 382 405. The company is incorporated under CIN L45200GJ1973PLC050790 and trades on BSE under scrip code 504959. The submission was signed by Sanjeev Singh Sengar in his capacity as Company Secretary and Compliance Officer, with the certificate issued by Ashok Shetty, Sr. Vice President-Corporate Registry at MUFG Intime India Private Limited.

Stovec Industries Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ended 31st December, 2025, to BSE Limited in accordance with Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The comprehensive report demonstrates the company's commitment to responsible business practices and sustainability initiatives across multiple operational areas.

Financial Performance and Corporate Structure

The company reported strong financial metrics for FY2025, with key parameters reflecting its operational scale and market position.

The company operates as a manufacturer of rotary and digital printing machines, engravers, perforated nickel screens for textile and graphic industry, and other textile and graphic consumables and spare parts. Its business activities are concentrated in two main segments: Textile Consumables and Graphics Products (83.30% of turnover) and Textile Machineries (16.70% of turnover).

Workforce Composition and Employee Welfare

Stovec Industries maintains a substantial workforce with comprehensive welfare programs covering all categories of employees and workers.

The company provides comprehensive benefits including 100% health insurance coverage, accident insurance, and day care facilities for all permanent employees and workers. Retirement benefits including Provident Fund and Gratuity cover 100% of the workforce, with all statutory deductions properly deposited with authorities.

Environmental Compliance and Sustainability Initiatives

The company has implemented robust environmental management systems with focus on energy efficiency and waste management.

Energy Consumption and Environmental Impact

The company achieved 100% waste recycling with no waste sent to landfills or incineration. All hazardous and non-hazardous waste is disposed through Gujarat Pollution Control Board authorized recyclers with proper documentation compliance.

Health and Safety Performance

Stovec Industries maintains comprehensive health and safety management systems covering all operational areas. The company reported a Lost Time Injury Frequency Rate (LTIFR) of 3.82 per million person-hours for workers in FY2025, compared to 3.69 in FY2024. No fatalities or high-consequence work-related injuries were reported during the year.

The company provides regular health checkups every two years for all employees, with annual checkups for employees over 50 years. A group Mediclaim policy covers all employees and workers, demonstrating the company's commitment to workforce well-being.

Governance and Compliance Framework

The company has established comprehensive policies covering eight of the nine National Guidelines on Responsible Business Conduct principles, with Board approval for implemented policies. Mr. Shailesh Wani, Managing Director, oversees the implementation and oversight of Business Responsibility policies.

The company maintains active memberships in three trade associations: Textile Machinery Manufacturers Association (National level), Gujarat Chamber of Commerce & Industry (State level), and Ahmedabad Management Association (State level).

Material Sustainability Issues and Risk Management

Stovec Industries has identified six key material issues affecting its business operations, including employee well-being, renewable energy adoption, supply chain resilience, and continuous employee development. The company views these as both risks and opportunities, with specific mitigation strategies and financial implications assessed for each area.

The report demonstrates the company's systematic approach to ESG compliance and sustainable business practices, with quantifiable metrics across environmental, social, and governance parameters. All policies and procedures extend to value chain partners, ensuring comprehensive sustainability coverage across business operations.