Jamna Auto Industries Ltd has announced a significant credit rating upgrade from ICRA Limited, marking a positive development in the company's financial standing. The rating agency communicated the upgrade on April 15, 2026, covering the company's bank facilities worth Rs. 550.00 crore.

Rating Upgrade Details

ICRA has upgraded the company's long-term credit rating to [ICRA]AA (Stable) from the previous [ICRA]AA- (Positive) rating. The outlook has been revised to Stable from Positive, indicating a more secure financial position. The upgrade applies to both term loans and working capital facilities.

Facility Breakdown

The rating upgrade covers multiple financial instruments across the company's banking arrangements. The long-term fund-based term loan facility of Rs. 90.00 crore received the upgraded rating, while the larger working capital facility of Rs. 460.00 crore, which includes both fund-based and non-fund based components, also benefited from the improved long-term rating.

Short-Term Ratings Maintained

ICRA has reaffirmed the company's short-term rating at [ICRA]A1+ for both working capital facilities and commercial paper. The commercial paper facility of Rs. 100.00 crore, which is carved out of the existing working capital arrangement, maintains its [ICRA]A1+ rating.

Regulatory Compliance

The company disclosed this rating upgrade in compliance with Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The announcement was made to both BSE Limited and National Stock Exchange of India Limited on April 16, 2026, ensuring transparent communication with stakeholders and the investment community.

Jamna Auto Industries Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Filing

The company filed the mandatory certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 with both BSE Limited and National Stock Exchange of India Limited on April 13, 2026. The certificate covers the quarter ended March 31, 2026.

Certificate Details

Skyline Financial Services Private Limited, serving as the company's registrar and share transfer agent, issued the confirmation certificate dated April 01, 2026. The certificate confirms compliance with dematerialization requirements for physical share certificates received during the quarter.

The registrar certified that all securities comprised in the certificates have been properly listed on stock exchanges where the company's securities are already traded. Additionally, the certificate confirms that after due verification, all physical certificates were mutilated and cancelled, with the depository's name substituted in records as the registered owner within the prescribed 15-day timeframe.

Company Authorization

Praveen Lakhera, Company Secretary & Head-Legal (Membership No. A12507), signed the filing on behalf of Jamna Auto Industries Limited. The submission was digitally signed on April 13, 2026, at 17:36:47 +05'30'.

Corporate Information

This quarterly filing represents standard regulatory compliance, ensuring transparency in the company's share transfer and dematerialization processes as mandated by SEBI regulations.