VMS TMT Limited has completed its quarterly regulatory compliance by submitting the required certificate under SEBI (Depositories and Participants) Regulations, 2018 to both BSE and NSE. The submission, dated April 14, 2026, pertains to the quarter ended March 31, 2026.

Regulatory Compliance Details

The certificate was issued under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, which mandates companies to report details of securities that have been dematerialized or rematerialized during each quarter. This regulatory requirement ensures transparency in the handling of securities and proper record-keeping by listed companies.

Certificate Issuance and Verification

KFin Technologies Limited, serving as the Registrar and Share Transfer Agent (RTA) for VMS TMT Limited, issued the compliance certificates on April 1, 2026. The certificates were addressed to both Central Depository Services (India) Limited (CDSL) and National Securities Depository Limited (NSDL), confirming that all required details have been furnished to the stock exchanges.

Rajitha Cholleti, Vice President at KFin Technologies Limited, signed the certificates on behalf of the registrar. The certificates specifically state that details of securities dematerialized and rematerialized during the quarter ended March 31, 2026, have been properly reported to all stock exchanges where VMS TMT Limited shares are listed.

Company Information

VMS TMT Limited, headquartered in Ahmedabad, Gujarat, operates from its registered office and factory located at Survey No. 214, Near Water Tank, Bhayla, Bavla-382220. The company's Managing Director, Varun Manojkumar Jain (DIN: 03502561), signed the submission letter to the stock exchanges.

This quarterly compliance filing represents VMS TMT Limited's ongoing commitment to maintaining transparency and adhering to regulatory requirements as a publicly listed company. The submission ensures that all stakeholders have access to accurate information regarding the company's securities transactions during the specified quarter.

VMS TMT Limited has announced that it has received reaffirmed credit ratings from Infomerics Valuation and Rating Ltd for its bank facilities totaling Rs. 273.93 crore. The company informed stock exchanges through an official press release titled "VMS TMT Holds Firm: Credit Ratings Reaffirmed with Stable Outlook" in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Credit Rating Details

The rating committee of Infomerics reviewed the company's operational and financial performance for FY2025 (Audited) and 9MFY2026 (unaudited) before reaffirming the existing ratings. The facilities have been categorized into long-term and short-term bank facilities with specific ratings for each category.

Company's Official Statement

In its press release, VMS TMT Limited highlighted that the reaffirmation underscores the company's strong credit fundamentals, prudent financial management, and stable business outlook. The "Stable" outlook indicates sustained confidence in the company's ability to maintain its operational and financial performance in the near to medium term.

The rating action takes into account the company's consistent operating performance, stable revenue visibility, and its established presence in the steel industry. It also reflects VMS TMT's ability to effectively manage its working capital requirements and maintain healthy relationships with its banking partners.

Facility Composition and Banking Partners

The long-term bank facilities of Rs. 154.83 crore include various term loans and cash credit facilities from HDFC Bank and Axis Bank. The facilities comprise term loans with maturities ranging from February 2027 to January 2034, along with cash credit facilities and a proposed fund-based facility of Rs. 15.85 crore.

The short-term bank facilities totaling Rs. 119.10 crore consist of bank guarantees and letters of credit from HDFC Bank and Axis Bank. These include buyers credit facilities as sublimits within the letter of credit arrangements.

Rating Validity and Business Impact

The credit ratings are valid for one year from the rating committee date until March 25, 2027. The company expects the reaffirmed ratings to enhance stakeholder confidence, improve access to capital, and support future expansion and growth plans.

Under Infomerics' rating scale, the IVR BBB rating indicates that securities are considered to have a moderate degree of safety regarding timely servicing of financial obligations and carry moderate credit risk. The IVR A3+ short-term rating signifies moderate degree of safety for timely payment of financial obligations, with the plus modifier reflecting comparative standing within the category.