Golkunda diamonds & jewellery Limited has filed its quarterly compliance certificate under SEBI regulations for the quarter ended March 31, 2026. The Mumbai-based gems and jewellery company submitted the mandatory certificate to BSE Limited on April 15, 2026, fulfilling its regulatory obligations under the Securities and Exchange Board of India framework.

Regulatory Compliance Certificate

The certificate was submitted pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. This regulation mandates quarterly reporting by listed companies regarding their dematerialisation processes and compliance with depository requirements.

Registrar Confirmation

MUFG Intime India Private Limited, formerly Link Intime India Private Limited, serves as the Registrar and Share Transfer Agent for Golkunda Diamonds & Jewellery Limited. The registrar confirmed that all securities received from depository participants for dematerialisation during Q4FY26 were properly processed within prescribed timelines.

The confirmation certificate addressed several key compliance areas:

• Securities received for dematerialisation were confirmed or rejected to depositories
• Security certificates were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners
• All processes were completed within regulatory timelines

Corporate Governance

The submission was signed by Kopal Jain, Company Secretary of Golkunda Diamonds & Jewellery Limited, demonstrating proper corporate governance procedures. The digital signature was applied on April 15, 2026, ensuring authenticity and compliance with electronic filing requirements.

This quarterly filing represents standard regulatory compliance for listed companies, ensuring transparency in share transfer and dematerialisation processes. The certificate confirms that the company maintains proper records and follows prescribed procedures for handling securities transactions through the depository system.

Golkunda Diamonds & Jewellery Limited has notified BSE Limited about the credit rating assigned by Infomerics Valuation and Rating Ltd for its bank facilities under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The rating agency has evaluated the company's bank facilities totaling Rs. 49.00 crores and placed them on rating watch with negative implications.

Credit Rating Details

Infomerics Valuation and Rating Ltd has assigned ratings to the company's bank facilities after reviewing its operational and financial performance for FY25 and 9MFY26. The rating committee has reaffirmed the existing ratings while placing them under watch with negative implications.

Facility Structure and Banking Partner

All the rated bank facilities are provided by State Bank of India. The long-term facilities of Rs. 47.00 crores have been enhanced from the previous Rs. 35.00 crores, while short-term facilities increased from Rs. 0.50 crores to Rs. 2.00 crores.

Long-Term Fund-Based Facilities (Rs. 47.00 Crores)

Short-Term Non-Fund-Based Facilities (Rs. 2.00 Crores)

The short-term facilities comprise derivative/forward contract/credit exposure limit of Rs. 2.00 crores provided by State Bank of India.

Rating Validity and Monitoring Requirements

The credit ratings are valid for one year from April 10, 2026. Infomerics has established comprehensive monitoring requirements for the company:

• Monthly submission of No Default Statement by the first date of each succeeding month
• Quarterly performance results and operational data within 6 weeks from each calendar quarter close
• Annual surveillance and review processes
• Revalidation requirements if facilities are not availed within specified timeframes

Rating Scale Context

Under Infomerics' rating scale, IVR BBB- indicates securities with moderate degree of safety regarding timely servicing of financial obligations, carrying moderate credit risk. IVR A3 represents securities with moderate degree of safety for timely payment of financial obligations, though with higher credit risk compared to higher-rated categories. The "RWNI" designation places these ratings on watch with negative implications, indicating potential downgrade considerations based on ongoing developments.