Certificate under Regulation 74 (5) of SEBI (DP) Regulation, 2018 for the quarter ended June, 2025
Awaiting price reaction for this filing.
XL Energy Ltd has submitted a compliance certificate from its Registrar and Share Transfer Agent, Bigshare Services Pvt Ltd, confirming that no dematerialisation requests for equity shares were received during the quarter ended 30 June 2025. The company also clarified that the record date for capital restructuring under the NCLT-approved Resolution Plan was 2 July 2025, which falls just after the June quarter end. Additionally, the company's status changed from 'Delisted' to 'Suspended' on the stock exchanges with effect from 28 May 2025. No corporate actions such as capital reduction, share extinguishment, or new allotment were carried out during the quarter.
This is a routine compliance filing and is unlikely to impact the stock price, but it confirms that XL Energy remains in a distressed state — it is suspended from trading and undergoing an NCLT-approved resolution plan. Shareholders should note that the stock is not currently tradable and their investment value depends on the outcome of the corporate insolvency resolution process.