Pennar industries Limited has completed its quarterly regulatory filing by submitting the certificate under Regulation 74(5) of the Securities Exchange Board of India (Depositories and Participants) Regulations 2018 for the quarter ended March 31, 2026. The submission was made on April 2, 2026, to both BSE Limited and the National Stock Exchange of India Limited.

Regulatory Compliance Certificate

The certificate was issued by Kfin Technologies Limited, serving as the Registrar and Share Transfer Agent for Pennar Industries. The document, dated April 1, 2026, certifies compliance with SEBI's depositories regulations for the fourth quarter of fiscal year 2026.

Depositories Notification

Kfin Technologies Limited issued separate certificates to both major depositories in India - National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL). The certificates confirm that details of securities dematerialized and rematerialized during the quarter have been furnished to all stock exchanges where the company's shares are listed.

Company Secretary Certification

The submission was signed by Mirza Mohammed Ali Baig, Company Secretary and Compliance Officer (ACS 29058), who digitally signed the document on April 2, 2026. The filing was made from the company's registered office in Hyderabad, Telangana.

Stock Exchange Filing

The regulatory filing was submitted to both major Indian stock exchanges where Pennar Industries shares are traded. The company maintains its listing compliance across multiple exchanges, ensuring transparency in securities transactions and adherence to depositories regulations.

This quarterly certificate represents part of Pennar Industries' ongoing commitment to regulatory compliance and transparent reporting to market participants and regulatory authorities.

Pennar Industries Limited received a credit rating reaffirmation from CARE Ratings Limited on March 26, 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The rating agency maintained its assessment of the company's creditworthiness while enhancing the quantum of long-term bank facilities.

Rating Details and Enhancement

CARE Ratings reaffirmed both long-term and short-term bank facility ratings for Pennar Industries, with a notable enhancement in the long-term facility amount. The rating review was conducted based on recent developments including the company's operational and financial performance for FY25 (Audited) and 9MFY26 (Unaudited).

The enhancement of Rs. 42.00 crore in long-term bank facilities reflects the company's expanded credit requirements and maintained creditworthiness.

Facility Structure and Banking Partners

The total facilities under rating amount to Rs. 1,766.96 crore, distributed across various categories. Long-term facilities of Rs. 754.46 crore comprise term loans of Rs. 279.46 crore and fund-based limits of Rs. 475.00 crore. Short-term facilities totaling Rs. 1,012.50 crore include fund-based limits, non-fund based limits for letters of credit and bank guarantees, and forward contracts.

Long-Term Facilities Breakdown

Term Loans (Rs. 279.46 crore):

• Axis Finance Ltd.: Rs. 85.46 crore across two facilities
• Bank of Baroda: Rs. 70.85 crore
• Bajaj Finance Ltd.: Rs. 66.79 crore
• Bandhan Bank Ltd.: Rs. 42.00 crore
• Other lenders: Rs. 14.36 crore

Fund-Based Limits (Rs. 475.00 crore):

• State Bank of India: Rs. 220.00 crore (Cash Credit)
• Bandhan Bank Ltd.: Rs. 58.50 crore (Cash Credit)
• Axis Bank Ltd.: Rs. 56.50 crore (Cash Credit)
• Other banking partners: Rs. 140.00 crore

Short-Term Facilities Overview

Short-term facilities include fund-based limits of Rs. 155.00 crore for payable finance and vendor finance schemes, and non-fund based limits of Rs. 857.50 crore for letters of credit, bank guarantees, and forward contracts across multiple banking relationships.

Regulatory Compliance and Disclosure

The company has fulfilled its disclosure obligations under SEBI regulations by informing both BSE Limited and National Stock Exchange of India about the rating reaffirmation. The information has also been uploaded on the company's website at www.pennarindia.com for stakeholder access.

CARE Ratings reserves the right to undertake surveillance and review of the ratings periodically, with at least one review annually. The ratings are applicable only to rupee equivalent facilities and do not factor in sovereign risk for foreign currency loans or rating-related trigger clauses.

Source: None/Company/INE932A01024/b847c11c-42f2-4d3c-801f-9244c340510c.pdf