Blue chip tex industries Limited has formally communicated to BSE Limited confirming its non-classification as a Large Corporate under specific SEBI regulations. The company's official correspondence, dated April 3, 2026, addresses the applicability of regulatory requirements for fund raising through debt securities.

Regulatory Compliance Confirmation

The company has confirmed its status regarding SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. This circular specifically addresses fund raising by issuance of debt securities by Large Entities. Blue Chip Tex Industries Limited has stated that it does not meet the criteria to be identified as a Large Corporate as of March 31, 2026.

Corporate Communication Details

The official communication was signed by Binita Gosalia, Company Secretary & Compliance Officer, holding membership number ACS 25806. The correspondence was digitally signed on April 3, 2026, at 10:28:58 +05'30'. The company has requested BSE to take this confirmation on record for regulatory compliance purposes.

Implications of Non-Classification

By confirming its non-classification as a Large Corporate under the specified SEBI circular, Blue Chip Tex Industries Limited is exempt from the particular regulatory requirements that apply to large entities when raising funds through debt securities issuance. This status determination is based on the applicability criteria specified under the aforementioned SEBI circular as assessed on March 31, 2026.

Blue Chip Tex Industries Limited successfully conducted its 1st Extra-Ordinary General Meeting (EGM) for FY 2025-2026 on March 31, 2026, through video conferencing and has now submitted the voting results to BSE under Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Overview and Participation

The EGM was held at 12:30 pm IST with 31 members attending through video conferencing, chaired by Mr. Rahul A. Khemani, Chairman, Chief Financial Officer & Director. The meeting addressed material related party transactions with Beekaylon Synthetics Private Limited for FY 2026-27.

Voting Process and Timeline

The company implemented comprehensive e-voting arrangements with Mr. Pramod S. Shah, Partner at Pramod S. Shah & Associates, serving as the scrutinizer. Remote e-voting commenced on March 27, 2026, at 9:00 AM and concluded on March 30, 2026, at 5:00 PM. Additional e-voting facility was provided during the EGM for 15 minutes post-meeting conclusion.

Voting Results and Approval

The resolution for approving material related party transactions with Beekaylon Synthetics Private Limited received overwhelming support from shareholders. Out of the total shareholding of 19,70,500 shares, 26,794 votes were polled, representing 3.40% of outstanding shares.

Regulatory Compliance and Documentation

Ms. Binita Gosalia, Company Secretary and Compliance Officer (ACS 25806), submitted the voting results to BSE on April 1, 2026. The company ensured full compliance with Section 108 of the Companies Act, 2013, and Regulation 44 of SEBI Listing Regulations. The consolidated scrutinizer's report confirmed that the resolution was deemed passed on March 31, 2026, due to requisite majority approval.

The detailed voting results and scrutinizer's report have been published on the company website, CDSL platform, and communicated to BSE for investor information and regulatory compliance.