Alpine Housing Development Corporation Clarifies Non-Large Corporate Status to BSE
Alpine Housing Development Corporation Limited has officially informed BSE Limited that it does not qualify as a Large Corporate entity under SEBI's regulatory framework for debt securities fund raising. The communication, dated April 15, 2026, references SEBI circular from October 19, 2023, and was signed by Company Secretary Kurian Zacharias. This clarification ensures regulatory compliance and transparency regarding the company's corporate classification status for fund raising activities.

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Alpine Housing Development Corporation Limited has formally notified BSE Limited that it does not qualify as a Large Corporate entity under SEBI's regulatory framework for debt securities fund raising. The communication, submitted on April 15, 2026, serves as an official clarification regarding the company's corporate classification status.
Regulatory Compliance Communication
The submission references specific SEBI regulations governing fund raising activities by large entities. The company's clarification addresses the following regulatory framework:
| Regulation: | Details |
|---|---|
| SEBI Circular: | SEBI/HO/DDHS/RAC POD1/P/CIR/2023/172 |
| Date: | October 19, 2023 |
| Subject: | Fund raising by issuance of debt securities by Large Entities |
| Applicable Regulation: | Regulation 50 B of SEBI(Issue & Listing of Non-Convertible Securities) Regulations 2021 |
| Reference Chapter: | Chapter XII of the NCS Master Circular |
Corporate Classification Status
The company has explicitly stated that Alpine Housing Development Corporation Limited does not fall under the Large Corporate (LC) Category as per the framework provided in the aforementioned SEBI circular. This classification has significant implications for the company's fund raising activities and regulatory compliance requirements.
Official Documentation
The formal communication was signed by Kurian Zacharias, who serves as the Company Secretary and Compliance Officer for Alpine Housing Development Corporation Limited. The document was addressed to BSE Limited's Department of Corporate Services and includes the company's scrip code 526519 for proper identification.
Company Information
Alpine Housing Development Corporation Limited operates from its registered office at Alpine Arch, Langford Road, Bangalore, Karnataka. The company maintains ISO 9001-2000 certification and is associated with CREDAI Bengaluru, indicating its active participation in the real estate development sector.
The submission represents a proactive compliance measure, ensuring that the company's regulatory status is clearly communicated to the stock exchange authorities. This clarification helps maintain transparency regarding the company's corporate classification and its implications for future fund raising activities through debt securities.
Historical Stock Returns for Alpine Housing Development
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.14% | -2.98% | +0.88% | -35.04% | -24.77% | +616.59% |
What alternative funding mechanisms will Alpine Housing Development explore now that it cannot access large corporate debt securities markets?
How might this classification impact Alpine's ability to compete with larger real estate developers who qualify as Large Corporate entities?
Will Alpine Housing Development need to restructure its operations or financials to eventually qualify for Large Corporate status?




























