ABATE AS Industries Limited has officially notified the Bombay Stock Exchange that it does not qualify as a Large Corporate under the Securities and Exchange Board of India's regulatory framework. The disclosure, made on April 8, 2026, confirms the company's status as of March 31, 2026, the last date of financial year 2025-26.

SEBI Regulatory Framework Compliance

The notification pertains to SEBI circular SEBI/HO/DDHS/P/CIR/2021/613 dated April 13, 2022, which establishes guidelines for fund raising through issuance of debt securities by large entities. Under this framework, companies classified as Large Corporates are subject to specific disclosure and compliance requirements when raising funds through debt instruments.

Company Information and Disclosure

ABATE AS Industries Limited, formerly known as Trijal Industries Limited, is registered in Coimbatore, Tamil Nadu. The company's registered office is located at SF No. 348/1, Ettimadai Village, Kg Chavady (Atm), Coimbatore, Tamil Nadu - 641105.

Official Communication Details

The disclosure was submitted by Heena Rangari, Company Secretary and Compliance Officer (ACS: 49820), to the Department of Corporate Services at Bombay Stock Exchange Limited. The communication ensures compliance with regulatory requirements for transparency regarding the company's classification status under SEBI's Large Corporate framework.

This confirmation allows stakeholders to understand that ABATE AS Industries Limited is not subject to the enhanced disclosure and compliance obligations that apply specifically to Large Corporates under the referenced SEBI circular regarding debt securities fund raising.

Abate AS Industries Limited has received a disclosure under SEBI regulations regarding a substantial share acquisition by promoter group entity ASYA. The transaction represents a significant addition to the promoter group's stake in the BSE-listed company.

Transaction Details

ASYA executed an off-market acquisition of shares on March 23, 2026, adding a substantial portion to the promoter group holdings in the company. The acquirer belongs to the promoter/promoter group of Abate AS Industries.

Shareholding Changes

The acquisition resulted in ASYA establishing a new ownership position in the company. Following the completion of the transaction, ASYA now holds a 4.50% stake in Abate AS Industries.

Company Capital Structure

The company's equity share capital structure remained stable throughout the transaction period. The total voting capital and diluted share capital figures were consistent before and after the acquisition.

Regulatory Compliance

The disclosure was made in accordance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction was duly reported to BSE Limited, where the company's shares are listed. The formal disclosure was signed and dated March 24, 2026, from Perinthalamanna, ensuring compliance with regulatory timelines for substantial shareholding changes.