Dharti Proteins Limited Declares Non-Applicability of Large Corporate Framework Under SEBI Guidelines
Dharti Proteins Limited has declared to BSE that it does not qualify as a Large Corporate under SEBI's regulatory framework, exempting it from debt securities disclosure requirements. The company confirmed NIL outstanding borrowings as of March 31, 2026, and is therefore not required to file Initial Disclosure documentation mandated for Large Corporates under the specified SEBI circulars.

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Dharti Proteins Limited has officially communicated to the Bombay Stock Exchange that it does not fall under the Large Corporate framework as defined by the Securities and Exchange Board of India. The declaration, submitted on April 13, 2026, clarifies the company's regulatory compliance status regarding debt securities disclosure requirements.
Regulatory Framework Declaration
The company's declaration references specific SEBI circulars SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, and SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023. These circulars establish the framework for fund raising through debt securities issuance by Large Corporates and mandate specific disclosure compliance requirements.
| Parameter | Details |
|---|---|
| Company Name | Dharti Proteins Limited |
| Former Name | Devika Proteins Limited |
| CIN | L67120GJ1994PLC022199 |
| Outstanding Borrowing (March 31, 2026) | NIL |
| Credit Rating Status | Not Applicable |
| Stock Exchange for Compliance | Bombay Stock Exchange |
Compliance Implications
The non-applicability of the Large Corporate framework means Dharti Proteins Limited is exempt from filing the Initial Disclosure in Annexure "A" as required under BSE circulars for the year ended March 31, 2026. This exemption is based on the company not meeting the applicability criteria outlined in the SEBI operational circular dated August 10, 2021.
Company Profile
Dharti Proteins Limited operates from its registered office at A-1115, Titanium Business Park, Near Makarba Underpass, Makarba, Ahmedabad. The company's declaration was signed by Twinkle Bipinchandra Gajjar, Company Secretary and Compliance Officer, and Sohan Lal, Chief Financial Officer, confirming the accuracy of the submitted information.
The formal declaration ensures regulatory clarity and maintains the company's compliance status with stock exchange requirements while confirming its position outside the Large Corporate regulatory framework.
What growth trajectory would Dharti Proteins need to achieve to potentially qualify as a Large Corporate under SEBI's framework in future years?
How might the company's zero outstanding borrowing status impact its future expansion plans and capital structure decisions?
Will Dharti Proteins consider debt fundraising in the coming quarters, and how would this affect its regulatory compliance obligations?




























