Garware Technical Fibres Limited has filed its quarterly compliance certificate under SEBI regulations, demonstrating adherence to depository and participant requirements for the fourth quarter of fiscal year 2026. The certificate, submitted on April 06, 2026, addresses regulatory obligations under SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Certificate

The company submitted its certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st March, 2026. This mandatory filing was addressed to both Central Depository Services (India) Limited and National Securities Depository Limited, the primary depositories in India.

Dematerialization Process Confirmation

The certificate confirms that all securities received for dematerialization during Q4FY26 were processed according to regulatory requirements. The company certified that certificates of securities received for dematerialization were mutilated and cancelled immediately after due verification, with the depository's name substituted in company records as the registered owner.

Key aspects of the dematerialization process included:

• Immediate mutilation and cancellation of physical certificates after verification
• Substitution of depository names in company records
• Confirmation that dematerialized securities remain listed on relevant stock exchanges
• Adherence to prescribed timelines for all procedures

Registrar and Transfer Agent Confirmation

MUFG Intime India Private Limited (formerly Link Intime India Pvt. Limited), serving as the company's Registrar and Share Transfer Agent, provided comprehensive confirmation of the dematerialization process. The registrar confirmed that securities received from depository participants during Q4FY26 were properly accepted or rejected and communicated to depositories within required timelines.

Stock Exchange Information

The filing was submitted to both major Indian stock exchanges where Garware Technical Fibres securities are listed. The company maintains its listing status on BSE Limited with company code 509557 and on National Stock Exchange of India Ltd. with symbol GARFIBRES in the EQ series.

This quarterly compliance filing represents standard regulatory practice for listed companies, ensuring transparency in dematerialization processes and maintaining investor confidence in electronic securities trading systems. The certificate demonstrates the company's commitment to regulatory compliance and proper maintenance of shareholder records.

Garware Technical Fibres Limited has received a credit rating reaffirmation from ICRA Limited for its working capital facilities worth Rs. 400.00 crore. The rating agency maintained the company's strong credit profile with an [ICRA]AA+ rating and stable outlook, as communicated on April 02, 2026.

Credit Rating Details

ICRA Limited reviewed and reaffirmed the credit rating for the company's line of credit working capital facilities. The rating action covers both long-term and short-term instruments with no change in the rated amount.

The long-term rating of [ICRA]AA+ (pronounced ICRA double A plus) comes with a stable outlook, while the short-term rating stands at [ICRA]A1+ (pronounced ICRA A one plus). This reaffirmation indicates ICRA's continued confidence in the company's financial strength and debt servicing capabilities.

Banking Relationships

The Rs. 400.00 crore working capital facilities are distributed across multiple leading banks, demonstrating the company's diversified banking relationships and strong creditor confidence.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The rating communication was signed by Company Secretary Sunil Agarwal and submitted to both BSE Limited and National Stock Exchange of India Limited.

Rating Surveillance

ICRA has indicated that the rating will become due for surveillance within one year from the date of the rating communication letter dated April 02, 2026. The rating agency reserves the right to review and revise the ratings based on new information or changing circumstances that could impact the company's credit profile. Any changes in terms, conditions, or size of the rated instruments would require a fresh review by ICRA Limited.