Akar Auto Industries Limited has officially notified the Bombay Stock Exchange (BSE) that it remains outside the Large Corporate (LC) framework as established by Securities and Exchange Board of India (SEBI) regulations. The communication, submitted on April 10, 2026, serves as a formal compliance undertaking regarding the company's regulatory status.

Regulatory Compliance Communication

The notification was made pursuant to SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, read with the circular dated April 13, 2022. These regulations pertain to fund raising by issuance of debt securities by large entities and their associated compliance requirements.

Corporate Authorization

The undertaking was jointly authorized and digitally signed by key company officials, demonstrating proper corporate governance protocols. Company Secretary Dipak Kala and Chief Financial Officer Pawankumar Gupta both provided their digital signatures on the document, with timestamps showing the authorization process completed on April 10, 2026.

SEBI Framework Context

The Large Corporate framework established by SEBI applies specific regulations to entities meeting certain criteria for debt securities issuance. Companies falling outside this framework have different compliance requirements and operational guidelines. Akar Auto Industries Limited's confirmation of its non-LC status provides clarity to stakeholders regarding its regulatory positioning.

Company Operations

Akar Auto Industries Limited operates from its facility at E-5, M.I.D.C. Waluj, Aurangabad, Maharashtra. The company maintains ISO/TS 16949:2009 certification and operates under CIN number L29220MH1989PLC052305. The formal notification to BSE ensures transparency in regulatory compliance and maintains proper disclosure standards for listed entities.

Akar Auto Industries Limited has submitted its quarterly compliance certificate to the Bombay Stock Exchange, fulfilling regulatory requirements under SEBI's depositories regulations. The filing demonstrates the company's adherence to mandatory disclosure norms for listed entities.

Regulatory Compliance Filing

The company filed its certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31st March 2026. The submission was made on 8th April 2026, addressed to the Corporate Relations Department of the Bombay Stock Exchange Limited.

Dematerialisation Status

Bigshare Services Private Limited, serving as the company's Registrar and Transfer Agent, confirmed that no dematerialisation requests for equity shares were received during the reporting period. The confirmation covers the entire quarter from 1st January 2026 to 31st March 2026.

The certificate was signed by Akash Shamal, Authorised Signatory of Bigshare Services Private Limited, and submitted under reference number BSS/Reg 74(5)/25-26.

Corporate Governance

Company Secretary Dipak Kala digitally signed the submission on behalf of Akar Auto Industries Limited. The filing reflects the company's commitment to maintaining transparency and regulatory compliance as required for listed entities on Indian stock exchanges.

The submission of this certificate ensures that the company remains compliant with SEBI's regulatory framework governing depositories and participants, maintaining its good standing with market regulators.