Chartered Logistics Limited has officially declared to BSE Limited that it does not fall under SEBI's Large Corporate Framework, as per the regulatory circular issued on November 26, 2018. The declaration, submitted on April 07, 2026, clarifies the company's regulatory status regarding debt securities issuance requirements.

Regulatory Compliance Declaration

The company submitted its declaration in response to SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144, which established the framework for fund raising through debt securities by large corporates. The circular also mandates disclosure of compliance by entities falling under this category.

Company Position on Framework

Chartered Logistics Limited confirmed that it remains outside the purview of the Large Corporate category as defined in the SEBI framework. This declaration ensures regulatory transparency and demonstrates the company's commitment to compliance with applicable securities regulations.

Corporate Information

The company operates from its registered office located at A/409, Stellar, Opp. Arista, Sindhubhavan Road, Ahmedabad-380059. Company Secretary and Compliance Officer Hirvita Shah digitally signed the declaration, emphasizing the company's adherence to proper corporate governance practices.

Company Values and Vision

Chartered Logistics Limited operates with core values centered on:

• Honesty and integrity in all business dealings
• Commitment to stakeholder interests
• Operational efficiency across services
• Safety as a fundamental priority

The company's vision focuses on becoming a premium logistics provider with a commitment to excellence, while its mission emphasizes delivering value to customers, stakeholders, and employees.

Chartered Logistics Limited has announced a significant milestone for its wholly owned subsidiary, with Chartered Comcare IFSC Limited receiving regulatory approval to commence operations as a Finance Company at Gujarat International Finance Tec-city (GIFT), IFSC. The development marks the company's strategic entry into the ship leasing business within India's premier international financial services center.

Regulatory Approvals Secured

The subsidiary has obtained two critical approvals necessary for its operations. The International Financial Services Centres Authority (IFSCA) issued the Certificate of Registration on April 10, 2026, authorizing Chartered Comcare IFSC Limited to undertake operating lease of ships as a Finance Company. Simultaneously, GIFT SEZ LTD granted the Letter of Approval-Form G for establishing operations within the Special Economic Zone framework.

Operational Framework and Compliance

The Certificate of Registration comes with specific operational conditions that the subsidiary must adhere to throughout its business operations. Key compliance requirements include immediate intimation to IFSCA upon commencement of operations, displaying the certificate at the registered office, and deploying adequate resources commensurate with business operations in the IFSC.

The subsidiary must maintain valid registrations including the Certificate of Registration as a Finance Company under IFSCA regulations and the Letter of Approval from the Administrator under the SEZ Act, 2005. Annual fees must be paid from the date of registration communication, with adherence to the fee structure outlined in IFSCA's March 2, 2026 circular.

SEZ Benefits and Authorizations

Under the Special Economic Zone approval, Chartered Comcare IFSC Limited gains access to various facilities and entitlements available to SEZ units. The Letter of Approval, valid from March 6, 2025, to March 5, 2026, permits the establishment of a ship leasing entity under the IFSCA Finance Company Regulations 2021 framework.

The SEZ framework provides benefits including import/export facilities, domestic tariff area supply options, and exemptions from certain regulatory requirements specific to IFSC entities. The approval specifically notes that Net Foreign Exchange requirements do not apply to IFSC entities under Rule 53A.

Strategic Positioning in GIFT City

Chartered Comcare IFSC Limited's establishment at GIFT City positions the subsidiary within India's leading international financial services hub. The company's registered office is located at Office No SI G B055, Shilp Incubation Centre, Plot 11T 3 and 11T 5 Block 11 GIFT SEZ, providing access to the infrastructure and ecosystem supporting international financial services operations.

The regulatory approvals enable the subsidiary to participate in ship leasing activities, a specialized segment within the maritime finance sector. This development aligns with GIFT City's objective of establishing India as a competitive destination for international financial services, particularly in specialized areas like maritime financing and leasing operations.