Defrail Technologies Limited Declares Non-Large Corporate Status for FY26 Under SEBI Compliance

1 min read     Updated on 04 Apr 2026, 04:55 PM
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Defrail Technologies Limited has declared it does not qualify as a Large Corporate under SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 for FY26. The company confirmed to BSE Limited on April 04, 2026, that it does not fall under Para 2.2 categories of the November 2018 circular. This status exempts the company from filing initial disclosure (Annexures-A) and annual disclosure (Annexures-B1) requirements for the financial year ended March 31, 2026.

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Defrail Technologies Limited has formally declared its non-Large Corporate status under SEBI regulations for the financial year 2025-26. The company submitted this declaration to BSE Limited on April 04, 2026, confirming its compliance status under specific regulatory requirements.

SEBI Circular Compliance Declaration

The company has confirmed that as of March 31, 2026, it does not fall under the categories specified in Para 2.2 of SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. This classification determines whether a company qualifies as a "Large Corporate" under SEBI's regulatory framework.

Declaration Details: Information
Reference Circular: SEBI/HO/DDHS/CIR/P/2018/144
Circular Date: November 26, 2018
Financial Year: 2025-26
Declaration Date: April 04, 2026
Status Confirmed: Not a Large Corporate

Regulatory Exemptions

Due to its non-Large Corporate status, Defrail Technologies Limited is exempt from specific disclosure requirements for the financial year ended March 31, 2026. The company will not be required to file initial disclosure and annual disclosure documents as specified in the SEBI circular.

Exempted Requirements: Details
Initial Disclosure: Annexures-A filing not required
Annual Disclosure: Annexures-B1 filing not required
Applicable Period: Financial Year 2025-26

Corporate Information

The declaration was officially signed by Vivek Aggarwal, Managing Director of Defrail Technologies Limited, bearing DIN 09249636. The company, incorporated with CIN L30204HR2023PLC115548, maintains its registered office at Plot No 180, Sector-24, Faridabad, Haryana.

Market Communication

The formal communication was addressed to BSE Limited's Manager Listing department, with the company's scrip code 544677 referenced in the correspondence. This declaration ensures transparency and regulatory compliance while keeping stakeholders informed about the company's corporate governance status.

Historical Stock Returns for Defrail Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-2.91%-4.99%-11.36%-11.36%-11.36%

What factors could potentially cause Defrail Technologies to transition into Large Corporate status in future financial years?

How might the reduced disclosure requirements impact investor transparency and market confidence in the company?

Will Defrail Technologies' non-Large Corporate status affect its ability to access capital markets or attract institutional investors?

Defrail Technologies Limited Declares Non-Applicability of Annual Secretarial Compliance Report for FY26

1 min read     Updated on 04 Apr 2026, 03:36 PM
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Radhika SScanX News Team
AI Summary

Defrail Technologies Limited has declared non-applicability of Annual Secretarial Compliance Report for FY26 under Regulation 24A, citing SME Exchange listing exemptions. The company, listed on BSE SME platform under scrip code 544677, is exempt from multiple SEBI LODR regulations including Regulation 24A. The declaration was formally communicated to BSE Limited on April 04, 2026, by Managing Director Vivek Aggarwal, referencing SEBI circular CIR/CFD/CMD1/27/2019.

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Defrail technologies Limited has officially declared that the Annual Secretarial Compliance Report for the financial year ended March 31, 2026, is not applicable to the company under Regulation 24A of SEBI (Listing Obligation and Disclosure Requirements) Regulations. The declaration was communicated to BSE Limited on April 04, 2026, through a formal letter signed by Managing Director Vivek Aggarwal.

Regulatory Exemption Basis

The company's exemption is based on its listing status on the BSE SME platform. According to Regulation 15(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, entities listed on SME exchanges are exempt from compliance with multiple regulatory provisions.

Exempted Regulations: Details
Applicable Regulations: 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 27
Sub-regulation Coverage: Clause (b) to (i) of sub-regulation (2) of Regulation 46
Schedule Provisions: Para C, D and E of Schedule V
Reference Circular: CIR/CFD/CMD1/27/2019 dated February 8, 2019

Company Information

Defrail Technologies Limited operates under CIN L30204HR2023PLC115548 with its registered office located at Plot No 180, Sector-24 Faridabad, Haryana. The company is listed on BSE SME platform under scrip code 544677.

SME Exchange Benefits

The SME platform listing provides specific regulatory relief to smaller companies, allowing them to focus on business operations while maintaining essential compliance standards. This exemption specifically covers the Annual Secretarial Compliance Report requirement under Regulation 24A, which mandates detailed compliance reporting for larger listed entities.

Official Declaration

The formal declaration was made in reference to SEBI Circular No. CIR/CFD/CMD1/27/2019 dated February 8, 2019. Managing Director Vivek Aggarwal, holding DIN 09249636, digitally signed the communication on April 04, 2026, at 14:08:38 +05'30'. The company has requested BSE Limited to take this declaration on record for the financial year ended March 31, 2026.

Historical Stock Returns for Defrail Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-2.91%-4.99%-11.36%-11.36%-11.36%

Will Defrail Technologies consider migrating to the main board exchange as it grows, and what compliance costs would that entail?

How might SEBI's future regulatory changes affect SME platform exemptions and smaller listed companies like Defrail Technologies?

What competitive advantages does maintaining SME listing status provide Defrail Technologies compared to main board competitors?

More News on Defrail Technologies

1 Year Returns:-11.36%