DCM Shriram Industries Ltd has filed its quarterly compliance certificate with stock exchanges, confirming adherence to SEBI regulations regarding securities dematerialization and rematerialization for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company submitted the certificate to both BSE Ltd and National Stock Exchange of India Ltd on April 14, 2026, pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The filing demonstrates the company's commitment to maintaining transparency and regulatory compliance in its securities operations.

Certificate Issuance by Registrar

KFIN Technologies Ltd, serving as the Registrar to an Issue and Share Transfer Agent for DCM Shriram Industries, issued the compliance certificate on April 1, 2026. The certificate was addressed to both Central Depository Services (India) Limited (CDSL) and National Securities Depository Limited (NSDL), confirming that all required details of securities dematerialized and rematerialized during the quarter have been furnished to the stock exchanges where the company's shares are listed.

Key Compliance Elements

The regulatory filing encompasses several important aspects:

• Confirmation of securities dematerialization and rematerialization data submission
• Adherence to SEBI Depositories and Participants Regulations 2018
• Proper communication to all relevant depositories and stock exchanges
• Maintenance of accurate records through authorized registrar services

Corporate Governance Framework

The certificate was signed by Y. D. Gupta, Company Secretary & Compliance Officer (FCS 3405), representing DCM Shriram Industries' commitment to corporate governance standards. KFIN Technologies' Deputy Vice President S R Ramesh authenticated the registrar's certification, ensuring proper validation of the compliance process.

This quarterly filing represents part of DCM Shriram Industries' ongoing regulatory obligations, maintaining transparency in securities operations and ensuring investor protection through proper dematerialization processes. The company continues to fulfill its statutory requirements under SEBI regulations, demonstrating adherence to established corporate governance practices in the Indian capital markets.

DCM Shriram Industries Ltd has received a comprehensive credit rating downgrade from CARE Edge Ratings across its bank facilities and fixed deposit programme. The rating agency communicated the revised ratings through letters dated April 1, 2026, following a detailed review of the company's operational and financial performance.

Rating Downgrades with Facility Details

CARE Edge Ratings has downgraded multiple facilities of DCM Shriram Industries based on its performance review for Financial Year 2024-25 and the nine months period ended December 31, 2025. The rating agency also considered the impact of the Composite Scheme of Arrangement approved by the National Company Law Tribunal (NCLT).

Facility Composition and Bank Details

The long-term bank facilities totaling ₹441.79 crore comprise term loans of ₹48.59 crore and fund-based limits of ₹393.20 crore. Major banking partners include State Bank of India (₹142.00 crore), Punjab National Bank (₹111.46 crore), HDFC Bank Ltd (₹85.00 crore), and Axis Bank Ltd (₹54.74 crore) for fund-based facilities.

Removal from Rating Watch

A significant development in the rating action is the removal of all facilities from Rating Watch with Negative implications. The long-term bank facilities and fixed deposit programme have been assigned a stable outlook, indicating that CARE Edge expects the ratings to remain steady in the near term despite the downgrades.

Regulatory Compliance and Documentation

The company disclosed this rating action in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information was communicated to both BSE Ltd and National Stock Exchange of India Ltd on April 2, 2026, with a follow-up communication on April 7, 2026, addressing a discrepancy query from BSE. The disclosure was signed by Y.D. Gupta, Company Secretary and Compliance Officer, demonstrating the company's commitment to maintaining proper corporate governance standards.

Source: Company/INE843D01027/d2ec0bb9-6857-4d33-be71-3741b65ecaac.pdf