Dharmaj Crop Guard Limited Submits Q4 FY26 Compliance Certificate Under SEBI Depositories Regulations

1 min read     Updated on 04 Apr 2026, 04:43 PM
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Dharmaj Crop Guard Limited filed its compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for Q4 FY26 ended March 31, 2026. The certificate, issued by MUFG Intime India Private Limited, confirms proper handling of securities dematerialisation processes and was submitted to BSE and NSE on April 04, 2026. Company Secretary Malvika Bhadreshbhai Kapasi signed the submission, demonstrating the company's commitment to regulatory compliance and transparency in securities handling procedures.

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Dharmaj crop guard Limited has submitted its quarterly compliance certificate under SEBI (Depositories and Participants) Regulations, 2018 to stock exchanges. The certificate confirms the company's adherence to regulatory requirements for the quarter ended March 31, 2026.

Regulatory Compliance Submission

The company filed the compliance certificate with both BSE Limited and National Stock Exchange of India Limited on April 04, 2026. The submission was signed by Malvika Bhadreshbhai Kapasi, Company Secretary & Compliance Officer (ACS52602), confirming the company's commitment to regulatory compliance.

Parameter: Details
Filing Date: April 04, 2026
Quarter Ended: March 31, 2026
Regulation: SEBI (Depositories and Participants) Regulations, 2018 - Section 74(5)
Signatory: Malvika Bhadreshbhai Kapasi, Company Secretary

Certificate Details and Confirmation

The compliance certificate was issued by MUFG Intime India Private Limited (formerly Link Intime India Private Limited), which serves as the company's Registrar and Transfer Agent. The certificate confirms that securities received from depository participants for dematerialisation during the quarter were properly processed and confirmed to the depositories.

Key confirmations provided in the certificate include:

  • Securities received for dematerialisation were confirmed (accepted/rejected) to depositories within prescribed timelines
  • Security certificates received were mutilated and cancelled after due verification
  • Names of depositories were substituted in the register of members as registered owners
  • All securities comprised in the certificates have been listed on stock exchanges where earlier issued securities are listed

Stock Exchange Communication

The company communicated with both major Indian stock exchanges as part of this compliance filing. The submission ensures transparency and regulatory adherence in the company's dematerialisation processes.

Exchange: Details
BSE Limited: Corporate Relationship Department, PJ Towers, 25th Floor, Dalal Street, Mumbai
National Stock Exchange: Exchange Plaza, Bandra Kurla Complex, Mumbai
BSE Scrip Code: 543687
NSE Symbol: DHARMAJ

This quarterly compliance certificate represents part of Dharmaj Crop Guard Limited's ongoing commitment to maintaining regulatory standards and ensuring proper handling of securities dematerialisation processes.

Historical Stock Returns for Dharmaj Crop Guard

1 Day5 Days1 Month6 Months1 Year5 Years
+1.85%+12.25%+11.63%-10.10%+37.02%+3.32%

Will Dharmaj Crop Guard's consistent regulatory compliance improve its ESG ratings and attract institutional investors in the upcoming quarters?

How might the company's strong governance practices position it for potential inclusion in SEBI's upcoming regulatory framework changes for agricultural sector companies?

Could this compliance track record support Dharmaj Crop Guard's expansion plans or potential fundraising activities in FY2027?

Dharmaj Crop Guard Limited Receives CRISIL Rating Reaffirmation and Withdrawal for Rs.237.85 Crore Bank Facilities

1 min read     Updated on 03 Apr 2026, 12:36 PM
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Dharmaj Crop Guard Limited has received reaffirmation and withdrawal of CRISIL credit ratings for bank facilities totaling Rs.237.85 crore on April 02, 2026. The company's long-term rating of 'CRISIL BBB+/Stable' and short-term rating of 'CRISIL A2' were both reaffirmed and withdrawn at the company's request after submitting No Objection Certificates. The rated facilities include various credit instruments across HDFC Bank Limited and State Bank of India, supporting the company's operational requirements.

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Dharmaj Crop Guard Limited has notified both BSE and NSE about the reaffirmation and withdrawal of its credit ratings by CRISIL Ratings Limited. The company received the rating withdrawal communication on April 03, 2026, for actions completed on April 02, 2026.

Rating Details and Withdrawal Process

CRISIL Ratings Limited reaffirmed and subsequently withdrew the ratings assigned to Dharmaj Crop Guard Limited at the company's request. The withdrawal was processed after the company submitted No Objection Certificates to the rating agency.

Rating Parameter: Details
Total Bank Loan Facilities Rated: Rs.237.85 Crore
Long Term Rating: CRISIL BBB+/Stable (Rating Reaffirmed and Withdrawn)
Short Term Rating: CRISIL A2 (Rating Reaffirmed and Withdrawn)

Bank Facility Breakdown

The rated facilities span across multiple banks and facility types, with HDFC Bank Limited and State Bank of India being the primary banking partners. The comprehensive facility structure includes various credit instruments to support the company's operational and growth requirements.

Facility Type: Bank Amount (Rs. in Crore)
Cash Credit: HDFC Bank Limited 52.75
Cash Credit: State Bank of India 30.00
Term Loan: HDFC Bank Limited 50.00
Term Loan: State Bank of India 40.00
Letter of Credit: HDFC Bank Limited 40.00
Pre Shipment Packing Credit: HDFC Bank Limited 15.10
Foreign Exchange Forward: HDFC Bank Limited 10.00

Regulatory Compliance and Timeline

The rating withdrawal follows the company's earlier communication dated February 18, 2026, wherein it had informed exchanges about obtaining credit ratings from CARE Ratings Limited. This sequential rating agency transition demonstrates the company's proactive approach to credit rating management and regulatory compliance.

The company has made the rating withdrawal information available on its official website at www.dharmajcrop.com , ensuring transparency for all stakeholders. Both BSE and NSE have been formally notified through proper regulatory channels as required under applicable listing regulations.

Corporate Communication

The formal intimation was signed by Rameshbhai Ravajibhai Talavia, Chairman and Managing Director, and addressed to both major stock exchanges where the company's shares are listed. The communication included the complete rationale for reaffirmation and withdrawal issued by CRISIL Ratings Limited, along with detailed facility-wise breakdowns for comprehensive disclosure.

Historical Stock Returns for Dharmaj Crop Guard

1 Day5 Days1 Month6 Months1 Year5 Years
+1.85%+12.25%+11.63%-10.10%+37.02%+3.32%

What specific terms and conditions did CARE Ratings Limited offer that prompted Dharmaj Crop Guard to switch from CRISIL?

How might the transition between rating agencies impact the company's borrowing costs and future credit facility negotiations?

Will the new CARE ratings maintain similar investment-grade status, and what factors could influence any rating changes?

More News on Dharmaj Crop Guard

1 Year Returns:+37.02%