Country condos Limited has received a compliance certificate from its registrar and share transfer agent, confirming adherence to regulatory requirements for dematerialization activities during the first quarter of 2026.

Compliance Certificate Details

Aarthi Consultants Private Limited, acting as the Category I Registrars & Share Transfer Agent, issued the compliance certificate dated April 3, 2026. The certificate validates compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the period from January 1, 2026 to March 31, 2026.

Regulatory Compliance Actions

The certificate confirms that Aarthi Consultants completed all required dematerialization actions within the mandated 15-day timeframe upon receipt of security certificates from depository participants. The compliance actions undertaken include:

• Verification that dematerialized securities remain listed on the same stock exchanges as previously issued securities
• Mutilation and cancellation of physical security certificates forwarded by participants
• Substitution of the depository name as the registered owner in company records

About the Registrar

Aarthi Consultants Private Limited operates as a SEBI-registered Category I Registrars & Share Transfer Agent under registration number INR000000379. The company, incorporated with CIN U74140TG1992PTC014044, provides registrar and transfer agent services to listed companies. Jagan Mohan Gobburi serves as the Compliance Officer for the organization.

This compliance certificate demonstrates Country Condos Limited's adherence to SEBI's depositories regulations and ensures proper maintenance of investor records during the dematerialization process.

Country Condo's Limited has announced its unaudited financial results for the quarter ended December 31, 2025, reporting a net profit of ₹7.03 lakhs. The Board of Directors, meeting on February 13, 2026, at the company's registered office in Hyderabad, also granted in-principle approval for a proposed merger with Amrutha Estate Pvt Ltd.

Q3FY26 Financial Performance

The company's quarterly financial results demonstrate mixed performance across key metrics. Total income for the quarter reached ₹442.97 lakhs, comprising net sales of ₹442.89 lakhs and other income of ₹0.08 lakhs. The results show a decline compared to the previous year's corresponding quarter.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Country Condo's Limited reported total income of ₹1,381.72 lakhs compared to ₹1,418.56 lakhs in the corresponding previous period. Net profit for the nine-month period stood at ₹41.49 lakhs versus ₹50.88 lakhs in the previous year. Employee benefits expense increased to ₹403.33 lakhs from ₹359.72 lakhs, while land development expenditure decreased to ₹901.28 lakhs from ₹1,047.83 lakhs.

Strategic Merger Development

The Board of Directors has accorded in-principle approval for the proposed merger of Amrutha Estate Pvt Ltd (AEPL) with the company. The board authorized initiation of the merger process, including due diligence, appointment of valuers, merchant bankers, and other professionals for scheme preparation. The company clarified that no formal merger scheme has been approved at this juncture, with the formal scheme to be placed before the Board for consideration once finalized.

Regulatory Compliance and Documentation

The financial results were reviewed by the Audit Committee and approved by the Board of Directors in compliance with Regulation 33 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. M/s. P. Murali & Co., Chartered Accountants, issued the Limited Review Report for the quarterly results. The meeting commenced at 2:00 PM and concluded at 3:55 PM at the company's registered office.

The company continues to focus on real estate activities as its primary business segment. The meeting was signed off by D. Krishna Kumar Raju, Vice-Chairman & CEO (DIN: 00115553), with all regulatory disclosures made to BSE Limited and National Stock Exchange of India Limited.