White Organic Agro Limited has filed its quarterly compliance certificate with BSE Limited, fulfilling regulatory obligations under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st March, 2026.

Regulatory Compliance Filing

The company submitted its certificate under Regulation 74(5) of the SEBI regulations on 14th April, 2026, addressed to the Listing Department of BSE Limited. The filing confirms that White Organic Agro Limited has maintained proper compliance with dematerialization processes during the quarter.

Dematerialization Process Confirmation

Based on certification received from MUFG Intime India Private Limited (formerly Link Intime India Private Limited), the company confirmed that securities received for dematerialization have been mutilated and cancelled after due verification. This process ensures proper handling of physical securities during the conversion to electronic form.

The registrar MUFG Intime India Private Limited provided its confirmation certificate on April 3, 2026, stating that securities received from depository participants for dematerialization during Q4FY26 were properly confirmed to the depositories. The certificate also confirmed that security certificates were mutilated and cancelled after due verification by the depository participant.

Corporate Governance

The compliance certificate was signed by Darshak Rupani, Managing Director of White Organic Agro Limited (DIN: 03121939), demonstrating board-level oversight of regulatory compliance. The filing maintains transparency with stock exchange authorities and ensures adherence to SEBI's regulatory framework for depositories and participants.

The registrar confirmation was provided by Ashok Shetty, Sr. Vice President-Corporate Registry at MUFG Intime India Private Limited, ensuring proper validation of the dematerialization processes undertaken during the quarter.

White Organic Agro Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showing a challenging performance with the company reporting a net loss during the quarter. The Board of Directors approved these results in their meeting held on February 14, 2026, following completion of the statutory auditor's limited review.

Quarterly Financial Performance

The company's Q3FY26 performance showed a significant decline compared to the previous quarter. White Organic Agro Limited reported a net loss of ₹13.75 lakhs for the quarter ended December 31, 2025, marking a sharp reversal from the profit of ₹80.29 lakhs recorded in Q2FY26.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, the company reported a net loss of ₹15.84 lakhs compared to a profit of ₹147.19 lakhs in the corresponding period of the previous year. The revenue from operations for the nine-month period stood at ₹305.51 lakhs compared to ₹9.61 lakhs in the previous year, showing significant growth in operational revenue despite the overall loss.

Expense Structure and Operational Details

The company's expense structure for Q3FY26 included cost of goods traded at ₹14.70 lakhs, employee benefits expense of ₹0.10 lakhs, finance costs of ₹0.23 lakhs, and other expenses totaling ₹72.85 lakhs. Total expenses for the quarter amounted to ₹87.88 lakhs, resulting in a loss before tax of ₹18.36 lakhs.

For the nine-month period, total expenses reached ₹437.64 lakhs, with cost of goods traded being the major component at ₹299.03 lakhs. The company maintained a paid-up equity share capital of ₹3,500.00 lakhs with a face value of ₹10.00 per share.

Auditor Review and Corporate Governance

The financial results underwent a comprehensive review process, with Gupta Raj & Co., Chartered Accountants serving as the statutory auditors. The independent auditor's limited review report, dated February 14, 2026, confirmed that the unaudited financial results were prepared in accordance with Indian Accounting Standards and other recognized accounting practices.

The results were reviewed by the Audit Committee and subsequently approved by the Board of Directors in their meeting held on February 14, 2026. The company has prepared these statements in compliance with Regulation 33 of the SEBI Listing Regulations, 2015, and in accordance with Indian Accounting Standards prescribed under Section 133 of the Companies Act, 2013.