Ambitious Plastomac Claims Exemption from Annual Secretarial Compliance Report Under SEBI Regulations

1 min read     Updated on 03 Apr 2026, 06:01 PM
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Ambitious Plastomac Company Limited has notified BSE Limited about its exemption from the Annual Secretarial Compliance Report under Regulation 24A of SEBI (LODR) Amendment Regulations, 2018. The company claimed exemption under Regulation 15(2) and submitted a declaration on April 02, 2026, regarding non-applicability of corporate governance requirements. This exemption makes the annual secretarial compliance report submission requirement not applicable to the company.

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Ambitious Plastomac Company Limited has formally notified BSE Limited regarding its exemption from submitting the Annual Secretarial Compliance Report under regulatory requirements. The communication, dated April 03, 2026, addresses the non-applicability of specific compliance obligations under SEBI regulations.

Regulatory Exemption Details

The company has claimed exemption under Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. As part of this exemption process, Ambitious Plastomac submitted a declaration on April 02, 2026, specifically addressing the non-applicability of corporate governance requirements.

Parameter: Details
Exemption Under: Regulation 15(2) of SEBI (LODR) Regulations, 2015
Declaration Date: April 02, 2026
Communication Date: April 03, 2026
Applicable Regulation: Regulation 24A of SEBI (LODR) Amendment Regulations, 2018

Impact on Compliance Requirements

Due to this exemption, the requirements for submission of annual secretarial compliance report under Regulation 24A of SEBI (LODR) Amendment Regulations, 2018, are not applicable to the company. This regulation is read in conjunction with BSE Circular LIST/COMP/10/2019-20 dated May 09, 2019.

Company Information

Ambitious Plastomac Company Limited operates from its registered office located at Office No. 703, Seventh Floor, Royal Square, Near R. K. Royal Hall, Science City Road, Sola, Ahmedabad, Gujarat. The company holds CIN L25200GJ1992PLC107000 and trades on BSE with scrip code 526439.

Communication Authorization

The formal communication to BSE was signed by Hina D. Patel, who serves as the Company Secretary and Compliance Officer. The digital signature was applied on April 03, 2026, confirming the authenticity of the regulatory notification.

What specific criteria must Ambitious Plastomac maintain to continue qualifying for this regulatory exemption in future years?

How might this exemption from corporate governance requirements affect investor confidence and the company's ability to attract institutional investors?

Could this regulatory exemption signal potential changes in SEBI's approach to compliance requirements for smaller listed companies?

Ambitious Plastomac Confirms Non-Applicability of SEBI Large Entity Disclosure Requirements

1 min read     Updated on 02 Apr 2026, 10:31 PM
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Ambitious Plastomac Company Limited has confirmed to BSE Limited that it does not qualify as a Large Corporate Entity under SEBI circular dated November 26, 2018. The company's assessment as of March 31, 2026, exempts it from filing initial disclosure requirements for FY 2026-27. The disclosure was made pursuant to Regulation 30 and signed by Company Secretary Hina D. Patel on April 02, 2026.

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Ambitious plastomac Company Limited has formally disclosed to BSE Limited that it does not qualify as a Large Corporate Entity under the SEBI framework, exempting it from specific annual disclosure requirements for the upcoming financial year.

Regulatory Compliance Status

The company confirmed its non-applicability status through an official communication dated April 02, 2026. The disclosure relates to SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, which establishes framework requirements for fund raising by large entities through debt securities.

Parameter: Details
Assessment Date: March 31, 2026
SEBI Circular Reference: SEBI/HO/DDHS/CIR/P/2018/144
Circular Date: November 26, 2018
Applicable Financial Year: 2026-2027

Disclosure Requirements

Under the SEBI circular, Large Corporate Entities are required to file initial disclosures at the beginning of each financial year regarding their fund raising activities through debt securities. The company's confirmation of non-applicability means it is not subject to these mandatory disclosure requirements.

The assessment was conducted based on the applicability criteria mentioned in clause 2.2 of the SEBI circular. Companies falling under the Large Corporate Entity category must comply with enhanced disclosure norms and reporting requirements.

Corporate Communication

The disclosure was submitted to BSE Limited's Department of Corporate Service and was digitally signed by Hina D. Patel, who serves as the Company Secretary and Compliance Officer. The communication was made pursuant to Regulation 30 of SEBI regulations.

Company Details: Information
Registered Office: Office No. 703, Seventh Floor, Royal Square, Ahmedabad
CIN: L25200GJ1992PLC107000
BSE Scrip Code: 526439
Signatory: Hina D. Patel, Company Secretary

This regulatory compliance disclosure ensures transparency regarding the company's status under SEBI's framework for large entity fund raising requirements and confirms its exemption from the associated reporting obligations for FY 2026-27.

What factors could potentially cause Ambitious Plastomac to qualify as a Large Corporate Entity in future financial years?

How might this exemption from enhanced disclosure requirements affect investor confidence and the company's access to debt markets?

Will the company voluntarily adopt any of the Large Corporate Entity disclosure practices to enhance transparency despite being exempt?

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