B & A Limited Confirms Non-Applicability of SEBI Large Corporate Debt Securities Circular
B & A Limited has officially confirmed to BSE that it does not qualify as a Large Corporate under SEBI's November 2018 circular on debt securities fund raising. The company stated that as of 31st March 2026, it does not meet the criteria specified in SEBI circular SEBI/HO/DDHS/CIR/P/2018/144, exempting it from related compliance requirements. The confirmation was formally communicated on 9th April 2026 and signed by Company Secretary Binita Pandey and CFO Tapas Kumar Chatterjee.

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B&A Limited has formally notified BSE Limited that it does not qualify as a Large Corporate under the Securities and Exchange Board of India's circular regarding debt securities fund raising. The company made this confirmation through an official communication dated 9th April 2026.
Regulatory Compliance Status
The company has confirmed its non-applicability status under SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated 26th November 2018, which pertains to fund raising by issuance of debt securities by large entities. B & A Limited stated that as of 31st March 2026, it does not meet the criteria to be classified as a Large Corporate under the specified regulations.
| Parameter: | Details |
|---|---|
| SEBI Circular Reference: | SEBI/HO/DDHS/CIR/P/2018/144 |
| Circular Date: | 26th November 2018 |
| Assessment Date: | 31st March 2026 |
| Status: | Not classified as Large Corporate |
Official Communication Details
The formal notification was addressed to the General Manager, Department of Corporate Affairs at BSE Limited. The communication emphasized that the company does not fall under the Large Corporate category and therefore is not subject to the specific compliance requirements outlined in the SEBI circular.
Authorized Signatories
The official confirmation was digitally signed by two key executives of the company:
- Binita Pandey - Company Secretary & Compliance Officer (A41594)
- Tapas Kumar Chatterjee - Chief Financial Officer
Both signatures were executed on 9th April 2026, with the documents being digitally authenticated. This dual authorization ensures proper corporate governance and compliance with regulatory requirements for such declarations.
Historical Stock Returns for B&A
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.46% | -0.48% | -0.48% | -0.48% | -0.48% | -0.48% |
What are B&A Limited's alternative funding strategies now that it cannot access large corporate debt securities markets?
How might this non-qualification status impact B&A Limited's expansion plans and capital expenditure projects?
Will B&A Limited need to rely more heavily on bank loans or equity financing, and how could this affect its cost of capital?


































