Centerac Technologies exempt from related party disclosures

1 min read     Updated on 22 May 2026, 01:46 PM
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Ashish TScanX News Team
AI Summary

Centerac Technologies Limited is exempt from related party transaction disclosures for FY26 as its paid-up capital and net worth were below ₹10.00 Crores and ₹25.00 Crores respectively as of March 31, 2026.

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Centerac Technologies Limited has communicated to BSE Limited that it is exempt from submitting disclosures for related party transactions for the financial year ended March 31, 2026. The certification, submitted on May 22, 2026, confirms that the company meets the criteria for non-applicability under Regulation 23(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Thresholds

The exemption is based on the company's financial position as of the last day of the previous financial year. According to the filing, the company's paid-up equity share capital and net worth remained below the specified limits required for the regulation to apply.

Financial Metric Limit Status as on March 31, 2026
Paid-up Equity Share Capital ₹10.00 Crores Does not exceed
Net Worth ₹25.00 Crores Does not exceed

Disclosure Requirements

As a result of falling below these thresholds, Regulation 23(9) of the SEBI (LODR) Regulations, 2015 is not applicable to Centerac Technologies Limited. The company stated that it does not require to submit disclosures for related party transactions for the half year and year ended on March 31, 2026. The notification was signed by Sweta Sarraf, Company Secretary & Compliance Officer.

If Centerac Technologies' paid-up equity share capital or net worth crosses the ₹10 crore or ₹25 crore thresholds in the coming financial year, how might increased regulatory scrutiny of related party transactions impact its business operations and investor confidence?

Are there any planned fundraising activities, rights issues, or equity expansions by Centerac Technologies that could push its financials above the SEBI LODR exemption thresholds in the near future?

How does the lack of mandatory related party transaction disclosures affect minority shareholders' ability to assess governance risks and make informed investment decisions in small-cap companies like Centerac Technologies?

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Centerac Technologies Limited Confirms Non-Large Corporate Status Under SEBI Framework

1 min read     Updated on 13 Apr 2026, 05:00 PM
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Radhika SScanX News Team
AI Summary

Centerac Technologies Limited formally confirmed to BSE Limited that it does not qualify as a Large Corporate under SEBI regulations as of March 31, 2026. The notification, signed by Company Secretary Shweta Sarraf on April 13, 2026, referenced specific SEBI circulars regarding debt securities framework and requested official acknowledgment from the stock exchange for regulatory compliance purposes.

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Centerac Technologies Limited has officially notified BSE Limited regarding its classification status under SEBI's Large Corporate framework, confirming that the company does not qualify as a Large Corporate as of March 31, 2026.

Regulatory Compliance Communication

The company submitted a formal letter to BSE Limited on April 13, 2026, addressing the applicability criteria under SEBI's debt securities framework. The communication specifically referenced Chapter XII of SEBI Operational Circular SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, read with SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018.

Parameter: Details
Company Status: Not a Large Corporate (LC)
Assessment Date: March 31, 2026
Regulatory Framework: SEBI Debt Securities Circulars
Exchange Notified: BSE Limited
Scrip Code: 531621

SEBI Framework Reference

The confirmation relates to SEBI's framework for fund raising through issuance of debt securities by large entities. The regulatory framework establishes specific criteria for determining Large Corporate status, which affects companies' obligations regarding debt securities issuance and compliance requirements.

Corporate Governance

Company Secretary and Compliance Officer Shweta Sarraf signed the official communication, ensuring proper adherence to regulatory disclosure requirements. The formal notification demonstrates the company's commitment to maintaining transparency with stock exchange authorities and regulatory compliance.

The communication requested BSE Limited to acknowledge and maintain the status confirmation on record, completing the required regulatory disclosure process under the applicable SEBI framework.

What specific growth milestones would Centerac Technologies need to achieve to potentially qualify as a Large Corporate in future assessments?

How might this non-Large Corporate status impact Centerac's ability to access debt capital markets compared to larger competitors?

Will this classification affect Centerac's credit ratings or borrowing costs when seeking external financing?

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