Ultramarine & Pigments Limited has submitted its mandatory compliance certificate under SEBI regulations for the quarter ended 31st March, 2026. The filing demonstrates the company's adherence to regulatory requirements for share dematerialization processes.

Regulatory Compliance Filing

The company filed the compliance certificate with BSE Limited on 7th April, 2026, pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. This submission was made in accordance with SEBI circular no. MRD/DOP2/DSA2/OW/2019/2498/1 dated 23rd January, 2019.

Registrar Confirmation

Cameo Corporate Services Limited, serving as the company's registrar and share transfer agent, provided the necessary certification on 2nd April, 2026. The registrar confirmed that securities received from depository participants for dematerialization during the quarter were properly processed and confirmed to the depositories.

Key confirmations from the registrar include:

• Securities received for dematerialization were accepted or rejected as appropriate
• Securities comprised in the certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialization were mutilated and cancelled after due verification
• Names of depositories were substituted in the register of members as registered owners within stipulated time limits

Process Compliance

The filing confirms that Ultramarine & Pigments Limited maintained proper compliance with SEBI regulations regarding share dematerialization processes during Q4FY26. The certification process involved verification by depository participants and timely updating of the register of members.

The compliance certificate represents a routine regulatory requirement that ensures transparency and proper handling of share dematerialization activities. The company's registrar, Cameo Corporate Services Limited, confirmed all processes were completed within the stipulated regulatory timeframes.

Ultramarine & Pigments Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showcasing steady growth across key financial metrics. The company's Board of Directors approved these results at their meeting held on February 11, 2026.

Standalone Financial Performance

The company's standalone operations demonstrated robust performance during the third quarter of FY26. Revenue from operations increased to ₹17775 lakhs compared to ₹16351 lakhs in the corresponding quarter of the previous year, representing solid growth momentum.

For the nine-month period, revenue from operations reached ₹52729 lakhs against ₹46887 lakhs in the previous year, while net profit after tax improved to ₹5995 lakhs from ₹5378 lakhs.

Exceptional Items and Special Developments

The quarter included exceptional items totaling ₹426 lakhs, comprising two significant components:

• Land Acquisition Gains: The company received ₹577 lakhs as compensation plus ₹20 lakhs interest from the National Highway Authority of India (NHAI) for compulsory acquisition of factory land
• Labour Code Impact: Implementation of four new labour codes effective November 21, 2025, resulted in a one-time cost of ₹171 lakhs toward gratuity and compensated absence liabilities

Consolidated Results

On a consolidated basis, the company reported strong performance across all segments:

Segment-wise Performance

The company operates across three main business segments:

Chemicals and Allied Products

This primary segment generated revenue of ₹16467 lakhs in Q3FY26 compared to ₹15203 lakhs in the previous year quarter, with segment results of ₹1950 lakhs.

IT Enabled Services

The IT services division contributed ₹1308 lakhs in revenue during Q3FY26 against ₹1148 lakhs in Q3FY25, with segment results of ₹331 lakhs.

Windmill Operations

The renewable energy segment reported revenue of ₹188 lakhs compared to ₹143 lakhs in the corresponding previous quarter.

Investment Activities

During the quarter, the company made a strategic investment in compliance with SEBI regulations. As a promoter group entity, it subscribed to 15,20,270 equity shares of Thirumalai Chemicals Ltd at ₹296 per share (including premium of ₹295 per share) through private placement. These shares were allotted on December 23, 2025.

Financial Position and Outlook

The company maintained a strong financial position with total segment assets of ₹112173 lakhs on a standalone basis and ₹120881 lakhs on a consolidated basis as of December 31, 2025. The paid-up equity share capital remained stable at ₹584 lakhs with a face value of ₹2 per share.

The results reflect the company's continued focus on operational efficiency and strategic growth initiatives across its diversified business portfolio. The exceptional gains from land acquisition and the proactive approach to new labour code compliance demonstrate management's ability to navigate regulatory changes while capitalizing on opportunities.