Vision corp has filed its quarterly compliance certificate with BSE Limited, fulfilling regulatory requirements under SEBI's depositories regulations for the quarter ended March 31, 2026.

Regulatory Filing Details

The company submitted the compliance certificate under Regulation 74(5) of Securities and Exchange Board of India (Depositories and participants) Regulations, 2018. The filing was made on April 15, 2026, and signed by Ashutosh Mishra, who serves as Director and Chief Financial Officer of the company.

Registrar Confirmation

Adroit Corporate Services Pvt. Ltd., acting as the company's registrar and transfer agent, provided the requisite confirmation certificate dated April 1, 2026. The registrar confirmed that all securities received from depository participants for dematerialization during the quarter ended March 31, 2026, were properly processed and confirmed to the depositories.

The registrar's certificate specifically confirms that:

• Securities received for dematerialization were accepted or rejected as appropriate
• All securities comprised in the certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialization have been mutilated and cancelled after due verification
• Depository names have been substituted in the register of members as registered owners within the prescribed 15-day period

Company Information

Vision Corporation Limited operates from its registered office located at 2A, 2nd Floor, Citi Mall, New Link Road, Andheri (West), Mumbai 400053. The company maintains its corporate identification number as L24224MH1995PLC086135, indicating its incorporation in Maharashtra in 1995.

Compliance Framework

The quarterly compliance certificate represents part of the ongoing regulatory framework governing depositories and participants in India's securities market. Under SEBI regulations, companies are required to submit these certificates to ensure proper handling of dematerialized securities and maintain transparency in the depository system.

Vision corp announced its unaudited financial results for the quarter ended December 31, 2025, revealing challenging operational conditions with significantly reduced revenue and continued losses. The Board of Directors approved these results in their meeting held on February 13, 2026, with the statutory auditors providing an unmodified opinion on the financial statements.

Financial Performance Overview

The company's financial performance for Q3 FY26 showed a marked deterioration compared to the previous year. Revenue from operations declined dramatically to ₹3.09 lakhs from ₹384.20 lakhs in the corresponding quarter of FY25. The company reported no other income during the current quarter, resulting in total income of ₹3.09 lakhs compared to ₹384.93 lakhs in Q3 FY25.

Expense Analysis

Total expenses for the quarter amounted to ₹19.21 lakhs, significantly lower than ₹396.67 lakhs in Q3 FY25. The major expense components included employee benefits expense of ₹2.63 lakhs, depreciation and amortisation expense of ₹8.70 lakhs, and other expenses of ₹7.88 lakhs. Despite the reduced expense base, the company's low revenue resulted in a net loss of ₹16.11 lakhs for the quarter.

Year-to-Date Performance

The nine-month period ended December 31, 2025, reflected similar challenges with total revenue of ₹25.59 lakhs compared to ₹1,195.70 lakhs in the corresponding period of the previous year. Year-to-date expenses totaled ₹86.61 lakhs, resulting in a net loss of ₹61.01 lakhs against a loss of ₹31.32 lakhs in the same period last year.

Balance Sheet Position

As of December 31, 2025, the company's total assets stood at ₹1,633.89 lakhs compared to ₹1,588.00 lakhs as of March 31, 2025. Current assets increased to ₹1,089.54 lakhs from ₹1,035.48 lakhs, primarily driven by higher trade receivables of ₹263.42 lakhs. The company maintained an equity base of ₹888.73 lakhs with equity share capital of ₹1,997.01 lakhs and accumulated losses reflected in other equity of ₹1,108.28 lakhs.

Regulatory Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors on February 13, 2026. The statutory auditors, Bhasin Hota & Co., provided a limited review report with an unmodified opinion, confirming compliance with applicable accounting standards and SEBI regulations. The company operates in a single business segment, making segment-wise reporting not applicable.