B & A Limited Confirms Non-Applicability of SEBI Large Corporate Debt Securities Circular

1 min read     Updated on 10 Apr 2026, 02:13 AM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

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.

powered bylight_fuzz_icon
37313003

*this image is generated using AI for illustrative purposes only.

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 Day5 Days1 Month6 Months1 Year5 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?

B&A Limited Submits Annual Disclosure Under SEBI Takeover Regulations for FY26

1 min read     Updated on 02 Apr 2026, 06:07 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

B&A Limited filed its annual disclosure under SEBI Regulation 31(4) for FY26, confirming no share encumbrance by promoters. Company Secretary Binita Pandey submitted the filing to BSE on 2nd April, 2026, while promoter Somnath Chatterjee provided the required declaration. The disclosure fulfills the tea company's regulatory compliance requirements under SEBI's substantial acquisition and takeover regulations.

powered bylight_fuzz_icon
36679061

*this image is generated using AI for illustrative purposes only.

B&A Limited has submitted its mandatory annual disclosure to BSE Limited under SEBI's substantial acquisition and takeover regulations for the financial year ended 31st March, 2026. The disclosure fulfills the company's regulatory compliance requirements under the securities market framework.

Regulatory Compliance Filing

The tea company filed its annual disclosure pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulation, 2011 on 2nd April, 2026. Company Secretary and Compliance Officer Binita Pandey submitted the disclosure to BSE Limited's Department of Corporate Affairs.

Filing Details: Information
Filing Date: 2nd April, 2026
Reporting Period: Financial Year ended 31st March, 2026
Regulation: SEBI Regulation 31(4)
Scrip Code: 508136
Filed By: Binita Pandey, Company Secretary

Promoter Declaration

Promoter Somnath Chatterjee provided a separate declaration on 1st April, 2026, confirming compliance with SEBI regulations. The declaration specifically addressed the encumbrance status of shares held by the promoter group.

The promoter's statement confirmed that members of the promoter and promoter group, including persons acting in concert, have not created or invoked any encumbrance of B&A Limited shares, directly or indirectly, during the financial year ended 31st March, 2026.

Company Background

B&A Limited operates as a tea company with its registered office located in Jorhat, Assam, and corporate office in Kolkata. The company manages multiple tea gardens across Assam, including Gatoonga, Sangsua, Salkathoni, Mokrung, Moheema, Kuhum, New Samaguri, Samaguri, and Barasali.

The annual disclosure represents part of the company's ongoing regulatory compliance obligations under SEBI's substantial acquisition and takeover framework, ensuring transparency in promoter shareholding activities.

Historical Stock Returns for B&A

1 Day5 Days1 Month6 Months1 Year5 Years
+0.46%-0.48%-0.48%-0.48%-0.48%-0.48%

Will B&A Limited consider expanding its tea garden operations beyond Assam to diversify geographical risk?

How might upcoming changes to SEBI's takeover regulations impact B&A's future compliance costs and disclosure requirements?

Could the promoter group's clean encumbrance status signal potential plans for share pledging or strategic partnerships in FY2027?

More News on B&A

1 Year Returns:-0.48%