Igarashi Motors India Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The certificate covers the quarter ended March 31, 2026, and confirms the company's adherence to dematerialization procedures.

Regulatory Compliance Submission

The company filed the certificate on April 07, 2026, with both the Bombay Stock Exchange Limited and National Stock Exchange of India Limited. P Dinakara Babu, Company Secretary & Compliance Officer, signed the submission letter digitally, ensuring proper documentation of the regulatory filing.

Certificate Details and Verification

Cameo Corporate Services Limited, serving as the company's Registrar and Transfer Agent, issued the compliance certificate dated April 03, 2026. The certificate confirms that securities received from depository participants for dematerialization during the quarter were properly processed and confirmed to the depositories within stipulated time limits.

Key Compliance Confirmations

The RTA certificate validates several critical compliance aspects:

• Securities received for dematerialization were confirmed (accepted/rejected) to depositories
• Securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialization were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners within regulatory time limits

Corporate Information

Igarashi Motors India Limited operates from its registered office and Plant 1 located at Plot B12 to B15, Phase II, MEPZ-SEZ, Tambaram, Chennai- 600 045. The company maintains investor relations through dedicated channels and ensures regular compliance with securities market regulations.

The submission was also copied to Central Depository Services India Ltd and National Securities Depository Ltd in Mumbai, ensuring comprehensive regulatory notification across all relevant depositories.

Igarashi motors India Limited has announced the reaffirmation of its credit ratings by CARE Ratings for bank facilities worth Rs. 169.65 crores. The rating communication was received on March 30, 2026, and subsequently disclosed to stock exchanges in compliance with SEBI listing regulations.

Credit Rating Details

CARE Ratings has reaffirmed the company's credit ratings across multiple facility categories. The rating agency maintained its positive assessment of the company's creditworthiness while enhancing the quantum of long-term bank facilities.

Rating Significance

The CARE A+ rating with stable outlook indicates strong credit quality and low credit risk for long-term facilities. The CARE A1+ rating for short-term facilities reflects the highest degree of safety regarding timely payment of financial obligations. The stable outlook suggests that the rating is unlikely to change over the medium term.

Facility Enhancement

A notable development in the rating exercise was the enhancement of long-term bank facilities from Rs. 22.55 crores to Rs. 41.65 crores. This increase of approximately Rs. 19.10 crores demonstrates the company's improved credit capacity and CARE Ratings' confidence in its financial strength.

Regulatory Compliance

The company communicated this development to both BSE and NSE on March 31, 2026, fulfilling its obligations under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The rating event occurred on March 30, 2026 at 13:02 hours IST, as officially recorded by the company.

Company Profile

Igarashi Motors India Limited operates from its registered office and manufacturing facility located in MEPZ-SEZ, Tambaram, Chennai. The company maintains active listings on both major Indian stock exchanges with stock codes 517380 on BSE and IGARASHI on NSE.