CG-VAK Software & Exports Limited has officially communicated to BSE Limited that it does not qualify as a 'Large Corporate' under the framework established by SEBI's circular dated August 10, 2021. The disclosure, dated April 16, 2026, confirms the company's compliance status regarding regulatory requirements for large entities.

Company's Financial Position

The company has disclosed key information regarding its financial standing that determines its classification under SEBI regulations:

Regulatory Compliance Details

The disclosure references SEBI Circular no. SEBI/HO/DDHS/P/CIR/2021/612 dated August 10, 2021, which established the framework for large entities. CG-VAK Software and Exports Limited has confirmed that based on the applicability criteria outlined in this circular, the company does not meet the threshold requirements for classification as a large corporate entity.

Official Communication

The formal communication was submitted to the Listing Department of BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai. Company Secretary Harcharan J (Membership No: F13586) signed the disclosure document, which was digitally authenticated on April 16, 2026, at 14:01:25 +05'30'.

Implications for Stakeholders

This disclosure provides clarity to investors and regulatory authorities regarding the company's status under SEBI's large corporate framework. The confirmation of nil borrowings and non-applicability of the large entity framework indicates the company's current operational scale and financial structure as of March 31, 2026.

CG-VAK Software & Exports Limited has responded to a BSE inquiry regarding significant movement in its share price, confirming that no undisclosed information exists that could influence the stock's performance. The company submitted its clarification on April 09, 2026, following a query from the exchange dated April 08, 2026.

Regulatory Compliance and Disclosure

The company emphasized its consistent adherence to regulatory requirements in its response to BSE Limited. CG-VAK confirmed that it has maintained full compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring prompt communication of all material events to the stock exchange.

Company's Position on Price Movement

In its formal response, CG-VAK clarified that there is no undisclosed information or pending announcement that could impact the price or volume behavior of its shares. The company stated that all events and information bearing on its operations or performance have been promptly communicated to the stock exchange as required under regulatory guidelines.

The management specifically addressed three key points in their clarification:

• Consistent compliance with SEBI Regulation 30 requirements
• No undisclosed material information affecting share performance
• No pending announcements that could influence stock behavior

Market-Driven Movement Explanation

CG-VAK attributed the recent share price movements to market-driven factors and prevailing market conditions. The company and its management explicitly stated they have no connection with the observed price movements, emphasizing that the fluctuations are purely a result of market dynamics rather than any company-specific developments.

The clarification was signed by Company Secretary Harcharan J (Membership No. F13586) and submitted to the Department of Corporate Services at BSE Limited's Mumbai office. This response demonstrates the company's commitment to maintaining transparency and regulatory compliance in its communications with stakeholders and regulatory authorities.