Siddha Ventures Limited has issued a clarification to BSE Limited regarding recent movement in its share price, stating that no undisclosed material information exists that could impact the stock's performance.

Company's Response to BSE Inquiry

The clarification was submitted on March 05, 2026, in response to BSE's inquiry dated March 04, 2026. The exchange had sought clarification regarding price movement in the company's securities under reference letter L/SURV/ONL/PV/APJ/2025-2026/3406.

Regulatory Compliance Statement

In its response, Siddha Ventures emphasized that it has been diligently disclosing all material information to stakeholders and maintaining compliance with applicable regulations. The company specifically referenced its adherence to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Regulation 2015.

The company stated that there are no material information or disclosures which are price-sensitive that may result in movement in the company's share price which have not been disclosed to the stock exchange in the recent past.

Future Disclosure Commitment

Siddha Ventures reaffirmed its commitment to transparency by stating it will continue to disclose any material information in the future as required under applicable regulations. The response was signed by Nikita Agarwal, Company Secretary and Compliance Officer, and submitted digitally to BSE Limited.

The company has requested BSE to take the clarification on record and acknowledge receipt of the response.

Siddha Ventures Limited released its unaudited financial results for the third quarter of fiscal year 2026, showing continued losses albeit at reduced levels compared to the previous year. The company's Board of Directors approved these results in a meeting held on February 6, 2026, and also addressed key governance matters including the appointment of a new secretarial auditor.

Financial Performance for Q3 FY26

The company reported a net loss of ₹100.83 lakhs for the quarter ended December 31, 2025, representing a significant improvement from the net loss of ₹2,766.58 lakhs recorded in the same quarter of the previous fiscal year.

The company recorded no revenue from operations during Q3 FY26, with total income comprising entirely of other income amounting to ₹4.49 lakhs. Total expenses for the quarter stood at ₹104.72 lakhs, primarily driven by changes in value of shares traded worth ₹102.52 lakhs.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Siddha Ventures reported total income of ₹120.69 lakhs, including revenue from operations of ₹107.14 lakhs and other income of ₹13.55 lakhs. The company incurred a net loss of ₹112.76 lakhs for this period, compared to a loss of ₹2,462.65 lakhs in the corresponding nine-month period of the previous year.

Secretarial Auditor Appointment Details

The Board appointed M/s Vidhya Baid & Co, Company Secretaries as the new Secretarial Auditor to fill the casual vacancy arising from the resignation of M/s Dash M & Associates on November 24, 2025. The appointment is effective for Financial Year 2025-2026 and will continue until the conclusion of the Annual General Meeting for March 2026.

Ms. Vidhya Baid, the proprietor of the firm, is a Masters in Commerce and Fellow Member of Institute of Company Secretaries of India. She is also a registered Insolvency Professional, and the firm holds a valid certificate issued by the Peer Review Board of ICSI.

Corporate Governance and Financial Position

The Board meeting, which commenced at 3:00 PM and concluded at 4:30 PM on February 6, 2026, addressed the auditor appointment as part of regulatory compliance under Regulation 30 of SEBI Listing Regulations. The company maintains a paid-up equity share capital of ₹999.80 lakhs with a face value of ₹10 per share.

The financial results were prepared in accordance with Indian Accounting Standards and reviewed by statutory auditors Damle Dhandhania & Co, who expressed an unmodified opinion. Siddha Ventures operates in a single business segment and reported no exceptional items during the quarter under review.