Atishay Limited Confirms Non-Applicability of Large Corporate Framework for FY26
Atishay Limited has notified BSE Limited that it does not qualify as a Large Corporate under SEBI's regulatory framework for FY26. The company reported outstanding borrowings of ₹2,24,62,535 as of March 31, 2026, and confirmed no applicable credit rating. This disclosure, made pursuant to SEBI Circular dated November 26, 2018, clarifies that the company remains below the threshold criteria for Large Corporate classification and is not subject to enhanced regulatory requirements for debt fundraising.

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Atishay Limited has officially informed BSE Limited that it does not qualify as a "Large Corporate" under the regulatory framework established by the Securities and Exchange Board of India (SEBI) for the financial year ended March 31, 2026. The notification was submitted on April 8, 2026, in compliance with mandatory disclosure requirements.
Regulatory Compliance Framework
The disclosure was made pursuant to SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, which governs fund raising by issuance of debt securities by large entities. Under Chapter XII of this circular, companies meeting specific criteria are classified as "Large Corporates" and must adhere to additional regulatory requirements for debt fundraising.
Company Secretary Sambedna Jain signed the formal communication to BSE's Listing Department, confirming that Atishay Limited does not meet the applicability criteria outlined in the SEBI framework.
Financial Position Disclosure
As part of the mandatory disclosure in Annexure A format, the company provided key financial details for assessment:
| Parameter | Details |
|---|---|
| Outstanding Borrowings (March 31, 2026) | ₹2,24,62,535 |
| Credit Rating Status | Not applicable |
| Stock Exchange for Framework Compliance | BSE - Not applicable |
The company's outstanding borrowing position of ₹2,24,62,535 as of March 31, 2026, appears to be below the threshold that would trigger Large Corporate classification under SEBI's regulatory framework.
Corporate Structure and Leadership
The disclosure was jointly signed by Company Secretary Sambedna Jain and Chief Financial Officer Arjun Singh Dangi, demonstrating proper corporate governance protocols. The company maintains its registered office at Khatau Building, Fort, Mumbai, while operating its head office from M.P. Nagar, Bhopal.
Regulatory Implications
By confirming its non-Large Corporate status, Atishay Limited clarifies that it is not subject to the enhanced regulatory requirements and borrowing frameworks that apply to larger entities. This classification affects the company's debt fundraising options and compliance obligations under SEBI's regulatory structure.
The formal notification ensures transparency with stakeholders and maintains compliance with BSE's listing requirements regarding corporate classification disclosures.
Historical Stock Returns for Atishay
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.50% | -3.09% | +3.40% | +57.30% | +20.60% | +576.21% |
What are Atishay Limited's growth plans that could potentially push it above the Large Corporate threshold in future financial years?
How might the company's debt fundraising strategy differ now that it's confirmed to be outside SEBI's Large Corporate framework?
Will Atishay Limited need to obtain credit ratings if its borrowing levels increase significantly in the coming years?


































