Certificate under Regulation 74 (5) of SEBI (Depositories and Participants) Regulation, 2018 for the quarter ended 31st March 2026
Awaiting price reaction for this filing.
XL Energy Ltd has submitted a routine regulatory certificate confirming that no dematerialization requests were received during the quarter ending 31 March 2026. The company is currently undergoing an NCLT-approved Resolution Plan under the Insolvency and Bankruptcy Code, 2016, with capital restructuring underway. XL Energy was previously delisted and placed under suspension, and is now seeking re-listing and in-principle approval from stock exchanges. Shares proposed under the Resolution Plan have not yet been credited to shareholder dematerialized accounts, pending regulatory approvals. The certificate from Registrar Bigshare Services Pvt Ltd confirms zero dematerialization activity during the quarter.
This is a routine compliance filing with no direct impact on current shareholders as no trading activity is possible. The key takeaway is that XL Energy remains delisted while pursuing re-listing through an ongoing insolvency resolution process.