B&A Packaging India Limited has filed its mandatory annual disclosure with BSE Limited under SEBI's takeover regulations for the financial year ended March 31, 2026. The disclosure confirms compliance with regulatory requirements regarding share encumbrance by promoters and promoter group members.

Regulatory Compliance Filing

The company submitted its annual disclosure pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulation, 2011 on April 1, 2026. Company Secretary and Compliance Officer Anupam Ghosh filed the disclosure on behalf of B&A Packaging India Limited with BSE Limited.

Promoter Declaration

Promoter Somnath Chatterjee provided a separate declaration confirming that promoters and promoter group members, including persons acting in concert, have not created or invoked any encumbrance of shares during the financial year ended March 31, 2026. The declaration was addressed directly to BSE Limited from his Kolkata address.

Company Information

B&A Packaging India Limited operates with its corporate office located at 113, Park Street, Kolkata, and registered office at 21, Balgopalpur Industrial Area, Balasore, Odisha. The company maintains branch offices in Jorhat, Vadodara, and Coimbatore. The company holds multiple certifications including ISO 9001, ISO 14001, ISO 22000, and ISO 45001, demonstrating its commitment to quality, environmental, food safety, and occupational health standards.

Regulatory Framework

The annual disclosure requirement under SEBI Regulation 31(4) ensures transparency regarding any encumbrance of shares by promoters and promoter group members. This regulatory filing helps maintain market integrity and provides investors with crucial information about promoter shareholding patterns and any potential restrictions on their holdings.

B&A Packaging India Limited has received credit rating assignments from Infomerics Valuation and Rating Limited for its banking facilities worth Rs. 41.42 crores. The company informed BSE about this development through a regulatory filing dated 31st March, 2026, pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Credit Rating Details

Infomerics Valuation and Rating Limited assigned the ratings through its communication dated 30th March, 2026, with validity till 16th February, 2027. The rating assignment covers both long-term and short-term banking facilities of the company.

Banking Facility Breakdown

The long-term bank facilities of Rs. 34.22 crores comprise term loans and working capital limits from Punjab National Bank. The term loan component includes Rs. 19.22 crores with repayment scheduled till March 2031, while the cash credit facility amounts to Rs. 15.00 crores on a revolving basis.

The short-term facilities of Rs. 7.20 crores include non-fund based working capital limits such as letter of credit facilities worth Rs. 7.00 crores and forward contracts of Rs. 0.20 crores, both provided by Punjab National Bank.

Rating Significance

The IVR BBB/Stable rating for long-term facilities indicates that the securities are considered to have a moderate degree of safety regarding timely servicing of financial obligations, carrying moderate credit risk. The IVR A3+ rating for short-term facilities suggests moderate degree of safety regarding timely payment of financial obligations.

Regulatory Compliance

The company has fulfilled its disclosure obligations by informing the stock exchange about the credit rating assignment. As per the mandate with Infomerics, B&A Packaging India Limited will need to provide monthly No Default Statements and quarterly performance results for ongoing monitoring of the assigned ratings. The rating agency reserves the right to undertake surveillance and review of the ratings as deemed necessary.