VMT Family Trust has fulfilled its annual regulatory obligation by confirming compliance with SEBI exemption order for FY 2025-26, submitting the required documentation to BSE Limited on 03/04/2026. The trust operates under a specific exemption granted by the Securities and Exchange Board of India under the substantial acquisition regulations.

Regulatory Compliance Framework

The compliance confirmation relates to SEBI exemption order Ref No. WTM/GM/CFD/44/2019-2020 dated 15/11/2019, issued under Regulation 11(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This exemption order requires VMT Family Trust to provide annual compliance confirmations to maintain its exempted status.

Independent Auditor Certification

P. Karmakar & Co., Chartered Accountants, issued the mandatory independent compliance certificate dated 03/04/2026. The auditing firm, with registration number 0326871E, conducted verification of the trust deed and related documentation before certifying compliance status.

The auditor's certificate specifically states that based on verification of VMT Family Trust's trust deed and explanations provided, the trust remains in compliance with the SEBI exemption order for FY 2025-26. Proprietor P.M. Karmakar (Membership No. 051478) signed the certificate with UDIN No: 26051478SXVXJV2026.

Trust Structure and Communication

VMT Family Trust operates from its registered office at E-67, Vasant Marg, Vasant Vihar, New Delhi-110057. Trustee Varun Aditya Thapar signed the compliance confirmation on behalf of the trust. The submission includes copies sent to Waterbase Limited at Thapar House, 37 Montieth Road, Egmore, Chennai-600008, and SEBI's Corporate Finance Department.

Exemption Order Requirements

The SEBI exemption order contains specific conditions under clauses F(ix) and F(x) that mandate annual compliance confirmations and independent auditor certifications. These requirements ensure ongoing adherence to the exemption terms and provide regulatory oversight of the trust's activities. The certificate serves exclusively for submission to SEBI and stock exchanges where The Waterbase Limited shares are listed, with no other authorized usage.

Waterbase Limited has announced the effectiveness of its leadership realignment, with new appointments for Managing Director and Chief Executive Officer positions taking effect from April 1, 2026. The company communicated this development to stock exchanges through a regulatory filing under SEBI disclosure requirements.

Leadership Appointments

The company has implemented the leadership changes that were previously approved by its Board of Directors on February 12, 2026. The new leadership structure includes strategic appointments at the top management level.

Regulatory Compliance

The Waterbase Limited has ensured full compliance with regulatory disclosure requirements for these senior management changes. The company filed the intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company confirmed that all details required under the applicable SEBI regulations and circulars were previously disclosed in their February 12, 2026 communication when the Board initially approved the leadership realignment.

Corporate Structure

The leadership transition represents a continuation of the company's earlier announced restructuring plans. Company Secretary R Sureshkumar signed the regulatory filing, confirming the formal implementation of these changes.

The Waterbase Limited operates from its corporate office in Chennai and maintains its registered office and factory in Ananthapuram Village, Andhra Pradesh. The company holds ISO 9001:2015 certification and is incorporated under CIN L05005AP1987PLC018436.