BKV Industries Limited has formally notified BSE Limited that it does not fall under the purview of SEBI's regulatory framework for large corporate entities regarding debt securities issuance for the Financial Year 2025-26.

Regulatory Compliance Clarification

The company communicated to BSE that it does not qualify as a 'Large Corporate' under the framework established by SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. This circular specifically addresses fund raising through issuance of debt securities by large entities.

Disclosure Obligations

Given its classification outside the 'Large Corporate' category, BKV Industries Limited is not required to comply with the disclosure requirements mandated under the aforementioned SEBI circular. The company has requested BSE to take note of this clarification for their records and stated that the disclosure requirements under the circular are not applicable to the company.

Corporate Communication Details

The formal communication was digitally signed by CS B. Virat Vishnu, who serves as the Company Secretary and Compliance Officer of BKV Industries Limited. The disclosure was made under Regulation 30 and ensures transparency regarding the company's regulatory compliance status.

The company's registered office is located at "Bommidala House" in Guntur, Andhra Pradesh, and the clarification helps investors understand the company's regulatory obligations under current SEBI guidelines for the upcoming financial year.

BKM Industries Limited's Monitoring Committee has successfully concluded its review of the company's resolution plan implementation, determining that recent corrective orders from the National Company Law Tribunal (NCLT) have cleared the path for final execution. The committee meeting, held on 20th January 2026 through video conferencing, addressed critical corrections to shareholding details that were required for the plan's implementation.

NCLT Corrective Orders Address Technical Errors

The Monitoring Committee reviewed the status of the resolution plan approved by the NCLT, focusing on the final corrective order dated 4th December 2025 read with the order dated 14th November 2025. These orders addressed technical corrections to an earlier order dated 27th March 2025, specifically relating to inter-se interchange of public shareholding details that had been inadvertently recorded incorrectly.

Resolution Plan Implementation Status

The committee noted that the corrective orders do not result in any change to the overall public shareholding percentage of the company as originally envisaged under the approved resolution plan. The corrections were purely technical in nature, addressing clerical errors in the recording of shareholding details between promoter and public categories.

Key Shareholding Corrections

The NCLT's corrective orders addressed specific numerical corrections in the shareholding structure:

• Public shareholding figures of 3,08,81,515 and 4,09,31,515 shares were inter-changed
• Promoter shareholding figures of 3,46,52,535 and 2,46,02,535 shares were inter-changed
• Public shareholding percentage was corrected from 11.75% to 5.82%
• The corrected public shareholding comprises 12,35,261 equity shares

Committee's Final Determination

The Monitoring Committee concluded that with the final corrective order dated 4th December 2025, there would be no further impediments in the implementation of the approved resolution plan with respect to cancellation and re-issuance of fresh equity shares. This determination represents a significant milestone in the company's restructuring process under the Corporate Insolvency Resolution Process (CIRP).

Regulatory Compliance

The company has informed both BSE Limited and National Stock Exchange of India Limited about the meeting outcomes as required under Regulation 30 read with Clause 20 of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Certified true copies of both NCLT orders dated 4th December 2025 and 14th November 2025 have been provided to the stock exchanges for their records.