Enterprise International has officially confirmed to BSE Limited that it does not qualify as a Large Corporate (LC) under SEBI's regulatory framework for debt securities fund raising. The communication, dated April 13, 2026, ensures compliance with established guidelines and maintains transparency with stock exchange authorities.

Regulatory Compliance Communication

The company submitted a formal letter to BSE Limited addressing the classification requirements under SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. This circular established the framework for "Fund raising by issuance of Debt Securities by Large Entities" and requires companies to clarify their status under the defined categories.

Corporate Governance Framework

The confirmation letter was digitally signed by Neetu Khandelwal, Company Secretary and Compliance Officer (Membership No. A56079), demonstrating the company's commitment to proper corporate governance procedures. The communication specifically addresses the regulatory requirement for entities to confirm their classification status under SEBI's debt securities framework.

Regulatory Significance

SEBI's circular on debt securities fund raising by large entities establishes specific compliance requirements and operational frameworks for different categories of companies. By confirming its non-LC status, Enterprise International Ltd ensures that BSE Limited maintains accurate records regarding the company's regulatory classification, which impacts various compliance obligations and operational procedures related to debt securities issuance.

Enterprise International has notified BSE Limited that it will not be submitting the Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The company has claimed exemption under specific SEBI regulations based on its financial parameters.

Regulatory Exemption Details

The company has invoked Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which provides exemptions for smaller listed entities. According to this regulation, corporate governance provisions do not apply to listed entities meeting specific financial criteria.

Compliance Report Non-Applicability

The Annual Secretarial Compliance Report requirement under Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) (Amendment) Regulations, 2018, read with BSE Circular dated May 9, 2019, has been deemed non-applicable to Enterprise International Ltd. This exemption is directly linked to the company's qualification under Regulation 15(2).

Official Communication

The notification was formally communicated to BSE Limited on April 13, 2026, through a letter signed by Neetu Khandelwal, Company Secretary and Compliance Officer. The communication clarifies that due to the exemption status, the company is not required to submit the Annual Secretarial Compliance Report.

Company Profile

Enterprise International Ltd operates with its registered office located at "Malayalay", Unit No.2A (S), 2nd Floor, 3, Woodburn Park, Kolkata - 700020. The company holds CIN number L27104WB1989PLC047832 and trades on BSE with scrip code 526574.

This regulatory exemption reflects the company's current financial position and its compliance with the specified thresholds under SEBI regulations for smaller listed entities.