Dolfin rubbers Limited has officially communicated to BSE Limited that it does not qualify as a Large Corporate under the Securities and Exchange Board of India (SEBI) regulatory framework. The company submitted its confirmation on April 8, 2026, addressing the applicability of SEBI circular SEBI/HO/DDHS/P/2018/144 dated November 26, 2018, which governs fund raising requirements for large entities through debt securities.

Regulatory Compliance Status

The company has confirmed that it does not meet the applicability criteria specified under the SEBI circular for Large Corporate classification. This determination exempts Dolfin Rubbers Limited from the mandatory disclosure requirements and debt securities fund raising obligations that apply to entities classified as Large Corporates under the regulatory framework.

Financial Position Disclosure

As part of its compliance communication, the company provided key financial details in a structured format:

The outstanding borrowing amount of Rs. 14.98 crore as of December 31, 2025, appears to be below the threshold that would trigger Large Corporate classification under the SEBI framework.

Regulatory Framework Context

The SEBI circular SEBI/HO/DDHS/P/2018/144 establishes specific criteria for identifying Large Corporates and mandates certain fund raising requirements through debt securities. Companies that fall under this classification are subject to enhanced disclosure obligations and specific borrowing frameworks designed to ensure market transparency and investor protection.

Official Authorization

The communication was jointly signed by key company officials, demonstrating proper corporate governance protocols. Dilpreet Kaur, serving as Company Secretary and Compliance Officer, and Celespreet Kaur, the Chief Financial Officer, provided their digital signatures on the official correspondence dated April 8, 2026. This dual authorization ensures compliance with corporate governance standards for regulatory communications.

Dolfin Rubbers Limited has submitted its quarterly certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The company filed the required documentation with BSE Limited on April 8, 2026, maintaining compliance with depositories regulations.

Quarterly Compliance Filing

Company Secretary and Compliance Officer Dilpreet Kaur submitted the certificate to BSE Limited's Listing Department at Phiroze Jeejeebhoy Towers, Mumbai. The filing was digitally signed on April 8, 2026, and pertains to the company's dematerialization activities during Q4FY26.

Registrar Confirmation Certificate

Bigshare Services Private Limited, serving as the Registrar and Share Transfer Agent for Dolfin Rubbers Limited, issued the certificate dated April 7, 2026. The certificate confirms compliance with dematerialization procedures and regulatory requirements under SEBI depositories regulations.

Dematerialization Process Compliance

The certificate confirms that securities received from depository participants for dematerialization up to March 31, 2026, were properly confirmed to the depositories. Bigshare Services verified that all security certificates received for dematerialization were mutilated and cancelled after due verification by depository participants.

The registrar confirmed that the names of depositories have been substituted in the register of members as registered owners within 15 days of receipt of certificate of securities. This ensures proper maintenance of shareholding records and compliance with SEBI depositories regulations for the quarter ended March 31, 2026.