Bhanderi Infracon Limited Declares Non-Applicability of Annual Secretarial Compliance Report Under SEBI LODR Regulation 24A

1 min read     Updated on 14 Apr 2026, 08:50 PM
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Bhanderi Infracon Limited has declared to BSE that Annual Secretarial Compliance Report provisions under SEBI LODR Regulation 24A are not applicable due to its BSE SME Platform listing status. The declaration, made on 14.04.2026, cites Regulation 15(2) exemptions and was signed by Company Secretary Rinkal Ajay Patel. The communication references relevant SEBI circulars from May 2019 regarding compliance framework requirements.

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Bhanderi Infracon Limited has officially declared to the Bombay Stock Exchange that the Annual Secretarial Compliance Report provisions under SEBI LODR Regulation 24A do not apply to the company due to its listing status on the BSE SME Platform.

Regulatory Declaration Details

The company submitted its declaration on 14.04.2026, addressing the Department of Corporate Service at the Bombay Stock Exchange. The communication specifically referenced SEBI Circular No. LIST/COMP/10/2019-20 and LIST/COMP/12/2019-20, both issued in May 2019.

Parameter: Details
Declaration Date: 14.04.2026
Scrip Code: 538576
Scrip ID: BHANDERI
Regulatory Reference: SEBI LODR Regulation 15(2)
Platform: BSE SME

Compliance Exemption Basis

The declaration is grounded in Regulation 15(2) of SEBI (LODR) Regulation 2015, which provides specific exemptions for entities listed on the BSE SME Platform. Under this regulation, companies listed on the SME platform are not required to comply with the Annual Secretarial Compliance Report provisions specified in Regulation 24A of SEBI LODR Regulation 2015.

Company Leadership and Communication

The declaration was digitally signed by Rinkal Ajay Patel, who serves as the Company Secretary and Compliance Officer. The digital signature was applied on 2026.04.14 at 12:38:49 +05'30', ensuring proper authentication of the regulatory communication.

Company Information

Bhanderi Infracon Limited operates from its registered office located at B/12, Jabuka Complex, Nr. Bajrang Ashram, Below Vikas School, NH - 8, Thakkar Bapanagar Ahmedabad. The company maintains its corporate presence through multiple communication channels and operates under CIN: L45201GJ2004PLC044481.

Historical Stock Returns for Bhanderi Infracon

1 Day5 Days1 Month6 Months1 Year5 Years
-100.00%0.0%-100.00%-100.00%-100.00%-100.00%

Will SEBI consider extending similar compliance exemptions to other small and medium enterprises beyond the BSE SME platform?

How might Bhanderi Infracon's compliance cost savings from this exemption impact its operational efficiency and growth strategy?

Could this regulatory exemption influence more companies to consider listing on BSE SME platform instead of main board exchanges?

Bhanderi Infracon Limited Confirms Non-Large Corporate Status in SEBI Disclosure

1 min read     Updated on 14 Apr 2026, 07:57 PM
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Bhanderi Infracon Limited filed a regulatory disclosure with BSE on April 14, 2026, confirming it does not qualify as a Large Corporate under SEBI circular SEBI/HO/DDHS/CIR/P/2018/144. The disclosure, signed by Company Secretary Rinkal Ajay Patel, relates to the March 2026 reporting period and ensures compliance with SEBI's framework for debt securities issuance by large entities.

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Bhanderi Infracon Limited has submitted a regulatory disclosure to the Bombay Stock Exchange confirming its status under SEBI's Large Corporate framework. The company has declared that it does not qualify as a "Large Corporate" entity as defined by the Securities and Exchange Board of India.

Regulatory Compliance Disclosure

The disclosure was filed on April 14, 2026, in compliance with SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. This circular mandates entities to make initial and annual disclosures to determine their classification under the Large Corporate framework.

Parameter: Details
Filing Date: April 14, 2026
SEBI Circular Reference: SEBI/HO/DDHS/CIR/P/2018/144
Circular Date: November 26, 2018
Reporting Period: March 2026
Corporate Status: Not a Large Corporate

Company Information

The disclosure was signed by Rinkal Ajay Patel, who serves as the Company Secretary and Compliance Officer for Bhanderi Infracon Limited. The document was digitally signed on April 14, 2026, at 12:42:11 +05'30'.

SEBI Framework Implications

The SEBI circular pertains to fund raising by issuance of debt securities by Large Entities. By confirming its non-Large Corporate status, Bhanderi Infracon Limited indicates that it falls outside the specific regulatory requirements applicable to larger entities under this framework.

Company Details: Information
Registered Office: B/12, Jabuka Complex, Nr. Bajrang Ashram, Thakkar Bapanagar, Ahmedabad
State: Gujarat
PIN Code: 382350
Phone: 7900941000
CIN: L45201GJ2004PLC044481
Website: www.bhanderiinfracon.com

This disclosure ensures transparency and regulatory compliance, allowing stakeholders to understand the company's classification under SEBI's regulatory framework for debt securities issuance.

Historical Stock Returns for Bhanderi Infracon

1 Day5 Days1 Month6 Months1 Year5 Years
-100.00%0.0%-100.00%-100.00%-100.00%-100.00%

What growth trajectory would Bhanderi Infracon need to achieve to potentially qualify as a Large Corporate under SEBI's framework in future years?

How might this non-Large Corporate status affect Bhanderi Infracon's debt fundraising options and cost of capital compared to larger competitors?

Will Bhanderi Infracon's current classification limit its ability to participate in larger infrastructure projects that typically require substantial debt financing?

More News on Bhanderi Infracon

1 Year Returns:-100.00%