Solitaire Machine Tools Limited submitted its Q4FY26 share capital reconciliation audit report showing total issued and listed capital of 45,42,176 equity shares. The report reveals 95.75% dematerialization with NSDL holding 63.45% and CDSL 32.30% of shares. No changes occurred in share capital during the quarter, and complete reconciliation was achieved between issued, listed, and outstanding shares, ensuring full regulatory compliance.

Solitaire Machine Tools Submits Q4FY26 Share Capital Reconciliation Audit Report

Solitaire Machine Tools Limited has submitted its quarterly Reconciliation of Share Capital Audit Report for the quarter ended March 31, 2026, to BSE Limited. The report, mandated under Regulation 76 of SEBI (Depositories and Participants) Regulations, 2018, was prepared by practicing company secretaries H. M. Mehta & Associates and submitted on April 13, 2026.

Share Capital Structure

The audit report provides a comprehensive overview of the company's share capital structure as of March 31, 2026. The company's equity shares carry a face value of Rs. 10/- each and are listed exclusively on BSE Limited under scrip code 522152.

Parameter Number of Shares Percentage Total Issued Capital 45,42,176 100.00% Listed Capital (BSE) 45,42,176 100.00% NSDL Dematerialized 28,81,849 63.45% CDSL Dematerialized 14,67,416 32.30% Physical Form 1,92,911 4.25% Total Outstanding 45,42,176 100.00%

Dematerialization Status

The report highlights a strong dematerialization trend among shareholders, with 95.75% of total shares held in electronic form. The National Securities Depository Limited (NSDL) holds the majority of dematerialized shares at 63.45%, while Central Depository Services Limited (CDSL) accounts for 32.30%. Only 4.25% of shares remain in physical certificate form.

Quarterly Changes and Compliance

The audit confirms no changes occurred in the company's share capital during the quarter ended March 31, 2026. No corporate actions such as rights issues, bonus issues, preferential allotments, ESOPs, amalgamations, conversions, buybacks, or capital reductions were undertaken during this period.

Key Compliance Highlights:

No excess dematerialized shares reported

No pending dematerialization requests beyond 21 days

Complete reconciliation achieved between issued, listed, and outstanding shares

Company Details and Contact Information

Solitaire Machine Tools Limited operates from its registered office at A-24/25, Krishna Industrial Estate, Gorwa, Vadodara – 390016. The company has appointed Ms. Reshma Shahil Kiri as Company Secretary and Compliance Officer (ACS-54902). For registry work, the company has engaged MUFG Intime India Private Limited as the common agency.

Historical Context

The audit report provides important historical context regarding the company's public offering. The company made an initial public offer of 50,39,750 shares in 1993, which was undersubscribed by 4,97,574 shares. Only 45,42,176 shares were subscribed and subsequently listed on BSE, with the unsubscribed portion lapsing. This explains why the current issued and listed capital reflects 45,42,176 shares, as recorded in the company's master data on the MCA website.

The reconciliation audit, certified by Mr. Hemang Mehta (C.P. No.: 2554) of H. M. Mehta & Associates, confirms complete alignment between the company's records and depository data, ensuring regulatory compliance and transparency for stakeholders.

Solitaire Machine Tools Limited has issued a clarification to the Bombay Stock Exchange regarding recent price movements in its shares, stating that no undisclosed material information exists that could influence the stock's performance.

BSE Inquiry Response

The company responded to BSE's surveillance department inquiry dated April 10, 2026, through a formal communication on April 11, 2026. The exchange had sought clarification on the price movement of the company's shares traded on its platform.

Parameter: Details Reference Date: April 11, 2026 BSE Reference: L/SURV/ONL/PV/APJ/2026-2027/3686 Scrip Code: 522152 Scrip Name: SOLIMAC

Company's Position

Solitaire Machine Tools clarified that there is no additional information or pending announcements under Regulation 30 of SEBI (Listing Observations and Disclosure Requirements) Regulations, 2015, that could impact share price movements. The company emphasized that its management has no direct connection to the stock's price fluctuations.

The key points highlighted in the response include:

No undisclosed price-sensitive information exists

Share price movements are purely market-driven

Fluctuations depend on prevailing market conditions

Company maintains regular compliance with disclosure requirements

Regulatory Compliance

The company reaffirmed its commitment to transparency and regulatory compliance. Solitaire Machine Tools stated that it has been regularly disseminating price-sensitive information in accordance with SEBI regulations and will continue this practice. The company emphasized its belief in complete compliance with corporate governance requirements.

Corporate Information

The response was signed by Reshma Kiri, Company Secretary and Compliance Officer (ACS - 54902), on behalf of Solitaire Machine Tools Limited. The company operates from its registered office and Plant II located at Krishna Industrial Estate, Gorwa, Vadodara, with an additional Plant I facility on Dharamsinh Desai Marg, Vadodara.

We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.

Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.

As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.