Laxmi India Finance Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026.

Regulatory Compliance Submission

The company filed the certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 on April 06, 2026. The submission was made to both BSE Limited and National Stock Exchange of India Limited, where the company's securities are listed.

Certificate Confirmation Details

The certificate was issued by MUFG Intime India Private Limited (formerly known as Link Intime India Private Limited), which serves as the company's Registrar and Transfer Agent. The certificate covers both equity shares and non-convertible debentures of the company.

Key confirmations provided in the certificate include:

• All securities of the company are in dematerialized form
• No requests were received from any depositories for corporate actions during the quarter
• No further securities were issued by the company during the period
• No security certificates were received for dematerialization during the quarter

ISIN Coverage

The compliance certificate specifically covers securities with ISIN codes INE06WU07064 and INE06WU07072. The confirmation extends to all depositories and participants involved in the company's securities trading and settlement processes.

Company Leadership

The filing was signed by Sourabh Mishra, Company Secretary and Chief Compliance Officer (Membership No.: A51872), representing Laxmi India Finance Limited. The certificate from MUFG Intime India Private Limited was signed by senior executives including Ashok Shetty, Sr Vice President – Corporate Registry, and Ganesh Jadhav, Vice President – Depository Operations.

Stakeholder Communication

Copies of the certificate were also sent to key stakeholders including Central Depository Services (India) Limited, National Securities Depository Limited, IDBI Trusteeship Services Limited, and Mitcon Credentia Trusteeship Services Limited, ensuring comprehensive regulatory compliance across all relevant entities.

Laxmi India Finance Limited has received a significant credit rating upgrade from Acuite Ratings & Research Limited, enhancing its financial standing in the market. The rating agency upgraded the company's credit rating from Acuite A-/Positive to Acuite A/Stable on March 20, 2026, reflecting improved creditworthiness and financial stability.

Rating Upgrade Details

The comprehensive rating action covers multiple financial instruments across the company's debt portfolio. Acuite Ratings upgraded ratings for both bank loans and Non-Convertible Debentures while maintaining a stable outlook for future performance.

Financial Instruments Coverage

The rating upgrade encompasses a substantial portfolio of financial instruments totaling significant amounts across various categories. The bank loan facilities worth Rs 1576.86 crore received the upgraded rating, covering facilities from multiple leading financial institutions.

Lender Portfolio

The upgraded rating covers facilities from a diverse range of financial institutions, demonstrating the company's broad banking relationships. Major lenders include State Bank of India, IDFC First Bank Limited, Union Bank of India, Canara Bank, and various other public and private sector banks. The portfolio also includes facilities from specialized financial institutions and small finance banks, reflecting comprehensive market access.

Regulatory Compliance

Laxmi India Finance Limited has fulfilled its regulatory obligations by informing both BSE Limited and National Stock Exchange of India Limited about the rating upgrade under Regulation 30, 55, and 51 of SEBI LODR. The company's communication includes detailed verification status and dates for all rating actions, ensuring complete transparency with market participants.

Rating Validity and Monitoring

The rating letters issued by Acuite Ratings carry specific validity periods, with expiry dates ranging from May 2026 to March 2027 depending on the instrument. The rating agency reserves the right to revise ratings based on new information or changed circumstances, with continuous surveillance processes in place to monitor the company's financial performance and creditworthiness.