Atul auto Limited has announced a key senior management appointment, naming Mr. Paul Zachariah as President - Sales & Marketing effective February 02, 2026. The appointment was disclosed to stock exchanges under Regulation 30 of SEBI LODR regulations.

Leadership Enhancement

The company has designated Mr. Paul Zachariah as Senior Management Personnel (SMP), marking a strategic addition to the leadership team. His appointment is governed by the company's HR policy terms and represents a significant strengthening of the sales and marketing functions.

Professional Background

Mr. Zachariah brings substantial industry expertise to his new role. The appointment details highlight his extensive professional background:

Strategic Impact

According to the company's disclosure, Mr. Zachariah's deep industry knowledge and expertise will significantly strengthen Atul Auto Limited's sales and marketing functions. His extensive experience spanning over three decades positions him to contribute meaningfully to the company's commercial operations.

Regulatory Compliance

The appointment disclosure was made in compliance with SEBI regulations, specifically Regulation 30 read with Part A of Schedule III of the SEBI LODR and SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023. Company Secretary and Compliance Officer Paras Viramgama signed the regulatory filing on February 02, 2026.

Atul Auto Limited, incorporated with CIN L54100GJ1986PLC016999, operates from its registered office and factory located at National Highway 8-B, Near Microwave Tower, Shapar (Veraval), Rajkot – 360024, Gujarat.

Atul Auto Limited has received reaffirmation of its credit ratings from CRISIL Ratings Limited, maintaining stable ratings across its bank facilities portfolio. The three-wheeler manufacturer informed stock exchanges about this development through a regulatory filing under the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.

Credit Rating Details

CRISIL Ratings Limited has reaffirmed both the short-term and long-term credit ratings for Atul Auto's bank facilities, reflecting continued confidence in the company's financial stability and creditworthiness.

Rating Significance

The reaffirmation of the CRISIL BBB+/Stable rating for long-term facilities indicates that CRISIL continues to view Atul Auto as having adequate degree of safety regarding timely servicing of financial obligations. The stable outlook suggests that the rating is unlikely to change in the near term. The CRISIL A2 rating for short-term facilities reflects strong degree of safety regarding timely payment of financial obligations.

Regulatory Compliance

The company has fulfilled its disclosure obligations by promptly informing both BSE Limited and National Stock Exchange of India Limited about the credit rating reaffirmation. This transparency in communication demonstrates Atul Auto's commitment to maintaining proper corporate governance standards and keeping stakeholders informed about material developments affecting the company's financial profile.

The reaffirmation of credit ratings by a reputed agency like CRISIL provides assurance to lenders, investors, and other stakeholders about the company's continued financial stability and ability to meet its debt obligations in a timely manner.