Baroda rayon Corporation Limited has officially communicated to BSE Limited that it does not meet the criteria to be classified as a Large Corporate under Securities and Exchange Board of India (SEBI) regulations as of March 31, 2026. The disclosure was made through Company Secretary Kunjal Desai and Chief Financial Officer Jugal Kishore Jakhodia on April 30, 2026.

Regulatory Compliance Declaration

The company's declaration was made pursuant to several SEBI circulars, including SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, and SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023. These circulars pertain to fund raising by issuance of debt securities by large corporates and associated disclosure requirements.

Financial Position and Credit Rating

The company provided key financial details as part of its regulatory disclosure:

*Provisional figure, subject to audit

Company Background

The Baroda Rayon Corporation Limited operates under CIN L45100GJ1958PLC000892 and is headquartered at P O Fatehnagar, Udhna, Surat 394 220. The company trades on BSE with scrip code 500270. The formal disclosure ensures compliance with SEBI's regulatory framework governing large corporate entities and their debt securities issuance requirements.

Regulatory Implications

By confirming its non-Large Corporate status, Baroda Rayon Corporation Limited is not subject to the specific disclosure and compliance requirements mandated for large entities under the referenced SEBI circulars. The company has fulfilled its obligation to inform the stock exchange of its classification status as required by regulatory guidelines.

Baroda rayon Corporation Ltd. has completed its regulatory filing requirements by submitting a confirmation certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The submission was made to BSE Limited on April 06, 2026, ensuring compliance with mandatory disclosure requirements.

Regulatory Compliance Filing

The certificate was issued by MUFG Intime India Pvt. Ltd., which serves as the Registrar and Share Transfer Agent for The Baroda Rayon Corporation Ltd. Company Secretary Kunjal Desai signed and submitted the documentation to the Department of Corporate Services at BSE Limited, referencing the company's BSE Code 500270.

Certificate Confirmation Details

MUFG Intime India Private Limited, formerly Link Intime India Private Limited, issued the confirmation certificate dated April 01, 2026. The certificate confirms that securities received from depository participants for dematerialisation during the quarter ended March 31, 2026 were properly processed and confirmed to the depositories.

Compliance Verification

The registrar confirmed several key compliance aspects in their certificate:

• Securities received for dematerialisation were confirmed or rejected to depositories within prescribed timelines
• Security certificates received were mutilated and cancelled after due verification by depository participants
• Names of depositories were substituted in the register of members as registered owners
• All securities comprised in the certificates have been listed on stock exchanges where earlier issued securities are listed

Corporate Information

The Baroda Rayon Corporation Ltd. operates from its registered address at P O Fatehnagar, Udhna, Surat 394220, with CIN L45100GJ1958PLC000892. The company maintains its corporate communications through established channels and continues to fulfill its regulatory obligations as a listed entity on BSE Limited.