Atam Valves Limited has submitted its quarterly compliance statement to stock exchanges, confirming that no fund-raising activities were undertaken during the third quarter of fiscal year 2026. The filing, made under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, demonstrates the company's adherence to mandatory disclosure requirements.

Regulatory Compliance Filing

The company filed its statement on February 13, 2026, addressing both the National Stock Exchange of India Limited and BSE Limited. The submission was made pursuant to Regulation 32 of SEBI (LODR) Regulations, 2015, and follows the format specified in SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019.

Fund Raising Activity Status

The compliance statement confirms that Atam Valves Limited did not engage in any fund-raising activities during the quarter ended December 31, 2025. The company specifically confirmed no funds were raised through:

• Public issue
• Rights issue
• Preferential issue
• Qualified Institutional Placement (QIP)

Compliance Statement Details

The formal statement filed with exchanges shows all relevant fields marked as 'Not Applicable' due to the absence of any fund-raising activities. The comprehensive disclosure format includes provisions for reporting deviations or variations in fund utilization, monitoring agency details, and audit committee comments, none of which were applicable for this quarter.

This filing represents standard regulatory compliance for listed companies, ensuring transparency regarding fund-raising activities and their utilization. The statement serves to keep investors and regulatory authorities informed about the company's capital-raising activities during the specified reporting period.

Atam Valves Limited has announced a significant milestone in its journey towards global manufacturing excellence. The company has successfully completed the first audit stage (Q1 Certification) conducted by the American Petroleum Institute (API), a globally recognized benchmark for quality in the oil, gas, and process industries.

Key Developments

API Certification Progress

• Successfully cleared the Q1 Certification audit
• Addressing final procedural observations
• Expected conclusion within 6-8 weeks
• Anticipates formal API certification by February 2026

Business Expansion Plans

• Plans to manufacture valves up to 72 inches in diameter
• Current capacity limited to 12-inch valves
• Aims to serve more complex, high-pressure sectors

Impact on Revenue

The company expects to see potential benefits from this certification:

• Possibility of unlocking new revenue streams from API-related business
• Meaningful traction anticipated by the end of FY27
• May coincide with capacity ramp-up and conversion of trials to orders

Strategic Implications

The API certification represents a critical step for Atam Valves in potentially strengthening its position in the global market. By expanding its manufacturing capabilities to include larger valves, the company aims to position itself to capture high-value opportunities in sectors such as oil & gas, petrochemicals, and large-scale infrastructure projects.

Investor Considerations

For investors and market watchers, this news signals potential for future growth and market expansion for Atam Valves. The API certification, once finalized, could open doors to new markets and customers, particularly in industries that require high-quality, certified valve products.

As the company progresses through the final stages of certification and begins its planned expansion, investors may want to monitor:

1. The official confirmation of API certification
2. Progress on expanding manufacturing capabilities
3. New contracts or orders resulting from the certification
4. Financial impact in FY27 and beyond

This development positions Atam Valves to potentially enhance its competitive edge in the global valve manufacturing market, subject to successful completion of the certification process and execution of its expansion plans.