Aksharchem (India) Limited has submitted its mandatory regulatory disclosure to BSE Limited and National Stock Exchange of India, confirming that the company does not qualify as a Large Corporate under the SEBI framework established through circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018.

Regulatory Compliance Disclosure

The company filed its initial disclosure on April 9, 2026, through Company Secretary and Compliance Officer Mehul Naliyadhara. This submission is required under SEBI regulations concerning fund raising by issuance of debt securities by large corporates.

Financial Position and Credit Profile

The disclosure reveals key financial metrics and credit standing of the company as of March 31, 2026:

SEBI Framework Implications

Under the SEBI circular, entities classified as Large Corporates are subject to specific requirements for borrowing through debt securities. The framework includes mandatory borrowing thresholds and potential penalties for non-compliance.

Aksharchem (India) Limited has designated BSE Limited as the stock exchange where any applicable fine would be paid in case of shortfall in required borrowing under the framework, though this is not expected given their non-Large Corporate status.

Company Background

Aksharchem (India) Limited, incorporated with CIN L24110GJ1989PLC012441, operates from its registered office at Arista 8, Behind Rajpath Club, Bodakdev, Ahmedabad, Gujarat. The company maintains ISO certifications as evidenced by ISOQAR and UKAS Management Systems accreditations.

The disclosure was duly signed by both Company Secretary Mehul Naliyadhara and Chief Financial Officer Amit Soni, ensuring proper authorization and compliance with regulatory requirements.

Aksharchem (India) Limited has filed its quarterly compliance certificate with stock exchanges, fulfilling regulatory requirements under SEBI's depositories regulations. The company submitted the mandatory confirmation certificate for the quarter ended March 31, 2026, demonstrating adherence to securities handling and dematerialisation procedures.

Regulatory Compliance Filing

The company filed the confirmation certificate pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. Company Secretary and Compliance Officer Mehul Naliyadhara signed and submitted the document on April 06, 2026, to both major stock exchanges where the company's shares are listed.

Registrar Confirmation

M/s. MUFG Intime India Private Limited, formerly Link Intime India Private Limited, served as the Registrar and Share Transfer Agent (RTA) for this compliance process. The RTA confirmed that securities received from depository participants for dematerialisation during the quarter were properly processed and confirmed to the depositories within prescribed timelines.

The registrar's confirmation, dated April 01, 2026, was signed by Ashok Shetty, Sr. Vice President-Corporate Registry. The document verified that all security certificates received for dematerialisation were properly mutilated and cancelled after due verification, with depositories' names substituted in the register of members as registered owners.

Stock Exchange Submission

Aksharchem submitted the compliance certificate to both BSE Limited and National Stock Exchange of India Ltd. The company trades under security code 524598 on BSE and symbol AKSHARCHEM on NSE. The filing ensures the company maintains its good standing with regulatory authorities and stock exchanges.

Company Operations

Aksharchem (India) Limited operates from its registered office at Arista 8, Behind Rajpath Club, Bodakdev, Ahmedabad, Gujarat. The company maintains ISO certifications as evidenced by ISOQAR and UKAS Management Systems logos displayed in its official communications, indicating adherence to quality management standards in its operations.