Subros Limited has submitted its quarterly compliance certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The automotive components manufacturer filed the mandatory certificate with depositories on April 7, 2026, demonstrating its adherence to regulatory requirements.

Regulatory Filing Details

The compliance certificate was submitted pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. Company Secretary Kamal Samtani signed and submitted the certificate to both major depositories in India.

Depository Communications

The certificate was formally submitted to Central Depository Services (India) Limited at their Marathon Futurex office in Lower Parel, Mumbai, and National Securities Depositories Limited at their Trade World facility, also in Lower Parel, Mumbai. Both depositories received identical compliance confirmations.

Transfer Agent Certification

MCS Share Transfer Agent Limited, serving as Subros' registrar and transfer agent, provided supporting certification dated April 6, 2026. The transfer agent confirmed compliance with dematerialization requirements during the quarter.

Key Compliance Confirmations:

• Securities received for dematerialization were processed within the mandatory 15-day timeframe
• All securities in the certificates were properly listed on stock exchanges
• Original certificates were duly verified, mutilated, and cancelled
• Depository names were correctly substituted in records as registered owners

Stock Exchange Notifications

Copies of the compliance certificate were simultaneously sent to both National Stock Exchange of India Limited (Security ID: SUBROS) and BSE Limited (Security ID: 517168), ensuring comprehensive regulatory disclosure across all trading platforms where the company's shares are listed.

The filing represents routine quarterly compliance reporting, confirming that Subros maintained proper adherence to SEBI's depositories regulations throughout the quarter ended March 31, 2026.

Subros Limited has received enhanced credit ratings from ICRA Limited, with the rating agency assigning new ratings and reaffirming existing ones across the company's banking facilities. The total rated bank facilities have increased to Rs. 305.00 crore from the previous Rs. 265.00 crore, marking a significant enhancement in the company's credit profile.

Credit Rating Details

ICRA Limited has taken comprehensive rating actions across Subros Limited's various banking instruments. The rating agency assigned a new [ICRA]AA (Stable) rating for a Rs. 40.00 crore term loan facility, while reaffirming ratings for existing facilities totaling Rs. 265.00 crore.

Banking Partner Details

The newly assigned Rs. 40.00 crore term loan facility has been provided by HDFC Bank Limited and carries the [ICRA]AA (Stable) rating. The company maintains banking relationships with multiple leading financial institutions for its various facilities.

Rating Significance

The [ICRA]AA rating indicates high credit quality with very low credit risk, while the A1+ short-term rating represents the highest credit quality for short-term instruments. The stable outlook suggests that ICRA expects the rating to remain unchanged over the near to medium term. All ratings were assigned on March 20, 2026, and communicated to the company on March 27, 2026.

Regulatory Compliance

Subros Limited has informed both the National Stock Exchange of India Limited and BSE Limited about these rating developments in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also made this information available on its website at www.subros.com for stakeholder access.