Asian granito India Limited has filed its quarterly compliance certificate with stock exchanges, fulfilling regulatory requirements under SEBI's depositories regulations. The submission demonstrates the company's adherence to securities market compliance standards for the quarter ended March 31, 2026.

Regulatory Filing Details

The company submitted the confirmation certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 to both major Indian stock exchanges on April 6, 2026. The filing was addressed to the Corporate Relations Departments of BSE Limited and National Stock Exchange of India Limited.

Registrar Confirmation

MUFG Intime India Private Limited, formerly Link Intime India Private Limited, serves as the company's Registrar and Share Transfer Agent. The registrar issued the confirmation certificate dated April 1, 2026, certifying compliance with dematerialization procedures during the quarter.

The certificate confirms that securities received from depository participants for dematerialization were properly processed and confirmed to depositories within prescribed timelines. MUFG Intime verified that all security certificates received were mutilated and cancelled after due verification, with depositories' names substituted in the register of members as registered owners.

Corporate Information

Asian Granito India Limited operates from its registered and corporate office located at 202, Dev Arc, opposite Iskcon Temple, S.G. Highway, Ahmedabad, Gujarat. The company holds CIN L17110GJ1995PLC027025 and trades under company codes 532888 on BSE and ASIANTILES on NSE.

The filing was digitally signed by Company Secretary and Compliance Officer Dhruti Trivedi, ensuring authenticity and regulatory compliance. This quarterly submission represents part of the company's ongoing commitment to maintaining transparency and adhering to securities market regulations.

Asian granito India Limited has announced the reaffirmation of its credit ratings by Infomerics Valuation and Rating Limited, as disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company received the updated credit rating letter on March 27, 2026.

Credit Rating Details

Infomerics has reaffirmed the credit ratings for the company's bank facilities totaling ₹155.00 crores. The rating action maintains both long-term and short-term facilities under watch with developing implications.

Facility Breakdown

The long-term facilities of ₹145.00 crores comprise various banking arrangements across multiple lenders. HDFC Bank provides a cash credit facility of ₹40.00 crores, while IDBI Bank offers cash credit of ₹40.50 crores and WCDL of ₹4.50 crores. IndusInd Bank contributes ₹50.00 crores in cash credit facilities, with additional sublimits including FLC of ₹35.00 crores, WCDL of ₹50.00 crores, BG of ₹15.00 crores, and Standby LC of ₹25.00 crores. A proposed cash credit limit of ₹10.00 crores is also included in the rating.

The short-term facilities consist of a ₹10.00 crore Letter of Credit facility from IDBI Bank, classified as a non-fund based instrument.

Rating Validity and Compliance

The credit ratings are valid for one year from the date of the surveillance rating committee, extending until May 29, 2026. Infomerics reserves the right to undertake surveillance and review of the ratings based on circumstances warranting such review, with at least one annual review mandatory.

Ongoing Obligations

As part of the rating agreement, Asian Granito India Limited must provide monthly No Default Statements by the first date of each succeeding month. The company is also required to furnish quarterly performance results and operational data within six weeks from the close of each calendar quarter for continuous monitoring purposes.

The rating reaffirmation reflects Infomerics' assessment of the company's operational and financial performance, with both ratings maintained under watch with developing implications, indicating ongoing monitoring of the company's credit profile.