Nelcast Limited has filed its quarterly compliance certificate with stock exchanges for the quarter ended March 31, 2026, fulfilling regulatory requirements under SEBI depositories regulations.

Regulatory Compliance Filing

The company submitted the mandatory certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 to both BSE and NSE on April 8, 2026. Company Secretary S.K. Sivakumar signed and submitted the compliance document to the listing departments of both exchanges.

Certificate Confirmation

The compliance certificate was issued by Bigshare Services Pvt Ltd, the company's Registrar and Share Transfer Agent (RTA). The RTA confirmed that Regulation 74(5) is not applicable to Nelcast Limited due to specific shareholding characteristics.

According to the certificate dated April 6, 2026, the regulation does not apply because:

• The entire shareholding of the company remains in dematerialized (demat) form
• No requests for rematerialisation were received from any shareholders during Q4 FY26
• All shares continue to be held electronically through depositories

Regulatory Framework

The filing references multiple regulatory circulars including NSDL/CIR/II/5/2019 dated January 25, 2019, and corresponding SEBI guidelines. These regulations require companies to submit quarterly certificates regarding the status of their shareholding patterns and any rematerialisation activities.

The quarterly compliance filing demonstrates Nelcast Limited's adherence to SEBI depositories regulations and confirms the continued digital nature of its shareholding structure. The company maintains its registered office at Gudur, Andhra Pradesh, with corporate office operations in Chennai, Tamil Nadu.

Nelcast Limited has announced that it received credit rating reaffirmation from ICRA with an improved outlook revision. The rating agency has reaffirmed the company's credit ratings across multiple financial instruments while upgrading the outlook to Positive from Stable, signaling enhanced confidence in the company's financial prospects.

Rating Details and Instrument-wise Breakdown

ICRA has maintained the total rated amount at Rs. 600.00 crores while making specific adjustments to individual instrument categories. The rating action covers various types of financial instruments including long-term and short-term facilities.

Key Rating Highlights

The most significant development in this rating action is the outlook revision from Stable to Positive across long-term instruments. This change reflects ICRA's improved assessment of Nelcast's credit profile and future prospects. The rating agency has maintained the [ICRA]A rating for long-term instruments and [ICRA]A1 rating for short-term instruments.

Notably, the long-term fund-based limits have been enhanced from Rs. 280.00 crores to Rs. 315.00 crores, indicating increased credit facility availability. Similarly, short-term fund-based sub-limits have been adjusted from Rs. 180.00 crores to Rs. 215.00 crores.

Regulatory Compliance and Disclosure

The company has made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication was signed by S.K. Sivakumar, Company Secretary, and submitted to both BSE Limited and National Stock Exchange of India Limited on March 5th, 2026.

This rating reaffirmation with positive outlook revision represents a favorable development for Nelcast Limited, potentially enhancing its access to credit markets and reflecting improved financial stability in the assessment of the rating agency.