Cospower engineering Limited has officially declared to BSE that it does not fall under the Large Corporate framework as specified in SEBI regulations. The company made this declaration on April 8, 2026, clarifying its regulatory status regarding debt securities and disclosure requirements.

Regulatory Declaration Details

The company's declaration references two key SEBI circulars that establish the Large Corporate Framework. The primary circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, and the subsequent circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023, outline the framework for fund raising by large entities through debt securities issuance.

Compliance Implications

By declaring its non-applicability under the Large Corporate Framework, CosPower Engineering Limited has clarified that it is not required to comply with the specific disclosure and compliance requirements mandated for large corporates. The framework primarily governs fund raising through issuance of debt securities by large entities and establishes enhanced disclosure norms for such companies.

The company has stated that it does not fall under the category of Large Corporates as per the framework provided in the aforementioned circulars. Consequently, the company is not obligated to file any disclosures as per the said circular requirements.

Corporate Information

The declaration was signed by Oswald Rosario Dsouza, Whole-Time Director of the company, bearing DIN 02711251. CosPower Engineering Limited operates from its registered office and works located at Pazar Talav Road, Vaki Pada, Naigaon East, Maharashtra, with sales offices across major Indian cities including Delhi, Mumbai, Kolkata, Chennai, and Hyderabad.

This regulatory clarification provides transparency to stakeholders regarding the company's compliance obligations and regulatory framework applicability.

CosPower Engineering Ltd has formally declared to BSE Ltd that the Annual Secretarial Compliance Report under Regulation 24A is not applicable to the company due to its listing status on the SME platform. The declaration was communicated to the exchange on April 08, 2026.

Regulatory Exemption Details

The company's exemption is based on Regulation 15(2) of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015. This regulation specifically states that entities listed on SME Exchange are not required to comply with various provisions including regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 27 and specific clauses of regulation 46 and Schedule V.

SME Platform Benefits

Companies listed on BSE SME platform enjoy certain regulatory relaxations compared to main board listings. The exemption from Regulation 24A means CosPower Engineering Ltd is not required to submit annual secretarial compliance reports that are mandatory for companies listed on the main exchanges.

Official Communication

The declaration was signed by Oswald Rosario Dsouza, Whole-Time Director of CosPower Engineering Ltd, bearing DIN: 02711251. The communication referenced SEBI Circular dated February 08, 2019 with reference number CIR/CFD/CMD1/27/2019, which provides guidance on the implementation of these regulatory requirements.

Company Information

CosPower Engineering Ltd operates with its registered office and works located at No. 940, Sr. No 134/17A Pazar Talav Road, Vaki Pada, Tal. Vasai, Naigaon East, Maharashtra 401208. The company maintains sales offices across major Indian cities including Delhi, Mumbai, Kolkata, Chennai, and Hyderabad, with additional presence in Jalali and Dhaka.