Cosyn LIMITED has formally disclosed to the Bombay Stock Exchange that it does not qualify as a Large Corporate under the Securities and Exchange Board of India's debt securities framework. The disclosure, dated April 16, 2026, confirms the company's status as of March 31, 2026.

Regulatory Compliance Disclosure

The disclosure was made pursuant to Para 1.2 of SEBI circular SEBI/HO/DDHS/P/CIR/2021/613 dated April 13, 2022, which pertains to fund raising by issuance of debt securities by Large Corporates. COSYN LIMITED submitted this mandatory filing to ensure compliance with regulatory requirements under Chapter XII of SEBI Operational circular dated August 10, 2021 and April 13, 2022.

Financial Position Details

The company provided specific financial information as part of its disclosure requirements:

Corporate Information

COSYN LIMITED, incorporated in 1994, is headquartered in Hyderabad with its registered office at Plot No: 15, TP House, 3rd Floor, Jaihind Enclave, Madhapur. The disclosure was signed by Ravi Vishnu, Managing Director (DIN: 01144902), who digitally authenticated the document on April 16, 2026.

Regulatory Framework Context

The SEBI framework for Large Corporates includes specific criteria for borrowing thresholds and credit rating requirements. Companies falling under this category are subject to additional compliance obligations for debt securities issuance. COSYN LIMITED's confirmation of non-applicability indicates that it does not meet the prescribed criteria for classification as a Large Corporate under the current regulatory framework.

Cosyn Limited announced its unaudited financial results for the quarter and nine months ended 31st December 2025, showcasing mixed performance across key financial metrics. The Board of Directors approved these results during their meeting held on 12th February 2026.

Financial Performance Overview

The company's financial performance for Q3 FY26 reflected a decline in revenue compared to the previous year. Revenue from operations decreased to Rs 213.54 lakhs from Rs 330.83 lakhs in the corresponding quarter of FY25, representing a significant year-on-year decline. Total income, including other income of Rs 11.48 lakhs, reached Rs 225.02 lakhs for the quarter.

Nine-Month Performance Analysis

For the nine-month period ended 31st December 2025, Cosyn Limited reported revenue from operations of Rs 918.88 lakhs compared to Rs 1,002.34 lakhs in the corresponding period of the previous year. Despite the revenue decline, the company maintained relatively stable profitability with net profit of Rs 8.62 lakhs against Rs 8.69 lakhs in the previous year.

Expense Management and Profitability

The company's expense management showed improvement during the quarter. Total expenses for Q3 FY26 were Rs 221.57 lakhs compared to Rs 325.55 lakhs in Q3 FY25. Key expense categories included employee benefits expense of Rs 71.58 lakhs, other expenses of Rs 53.34 lakhs, and change in inventories of Rs 33.44 lakhs. The company reported profit before tax of Rs 3.45 lakhs for the quarter, with tax expenses of Rs 0.77 lakhs.

Earnings Per Share and Capital Structure

Cosyn Limited maintained its paid-up equity share capital at Rs 750.00 lakhs with a face value of Rs 10 per share. The company reported basic and diluted earnings per share of Rs 0.04 for Q3 FY26, compared to Rs 0.05 in the corresponding quarter of the previous year. For the nine-month period, earnings per share stood at Rs 0.11 versus Rs 0.12 in the previous year.

Business Segment and Regulatory Compliance

The company operates in Information Technology Services, which is considered a single business segment under Ind AS 108. The financial results have been prepared in accordance with Indian Accounting Standards Rules, 2015 prescribed under Section 133 of the Companies Act, 2013. The results were subject to limited review by statutory auditors Suryanarayana & Suresh, Chartered Accountants, and were reviewed by the audit committee before board approval.