Haldyn Glass Limited has informed the stock exchanges about the reaffirmation of its credit ratings by CARE Ratings Limited. The company submitted the regulatory filing on December 31, 2025, in compliance with Regulation 30 of the SEBI Listing Regulations.

Credit Rating Details

CARE Ratings Limited has evaluated and rated the bank facilities of Haldyn Glass Limited across different categories. The rating agency has taken specific actions on various facility types, reflecting the company's current financial standing and creditworthiness.

The detailed rating assessment covers both long-term and short-term bank facilities:

Rating Implications

The CARE A- rating with stable outlook for long-term bank facilities indicates the rating agency's assessment of the company's creditworthiness. However, the facility amount has been reduced from ₹178.25 crores to ₹168.00 crores, representing a decrease of ₹10.25 crores.

The short-term bank facilities worth ₹14.00 crores have maintained their CARE A2 rating, suggesting consistent performance in short-term obligations. The withdrawal of certain short-term facilities reflects changes in the company's banking arrangements.

Regulatory Compliance

The intimation was filed pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by Dhruv Mehta, Company Secretary & Compliance Officer, ensuring proper regulatory adherence.

This credit rating update provides stakeholders with current information about Haldyn Glass Limited's financial standing as assessed by CARE Ratings Limited.

Haldyn Glass Limited has received a regulatory penalty from BSE for non-compliance with disclosure requirements. The company disclosed this development through a regulatory filing dated December 17, 2025, pursuant to Regulation 30 of SEBI Listing Regulations.

Penalty Details

BSE imposed the fine through an email communication dated December 16, 2025. The penalty structure and violation details are outlined below:

Nature of Violation

The penalty was imposed for delay in submission of related party transactions for the half-year ended September 30, 2025 under Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates timely disclosure of related party transactions to ensure transparency in corporate dealings.

Company's Response

Haldyn Glass has indicated that it is taking steps to address the penalty. The company stated that it is in the process of making an application to BSE with detailed justifications and has requested a waiver of the fine imposed by the stock exchange.

Financial Impact

According to the company's disclosure, there is no impact on financial, operational or other activities of the listed entity, except for the fine amount of ₹5,000.00 plus GST totaling ₹5,900.00 payable to BSE, if the waiver request is not approved.

Regulatory Framework

The disclosure was made in compliance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, which outlines the requirements for reporting regulatory actions and penalties imposed by stock exchanges.