Envair electrodyne Limited has formally disclosed to BSE Limited that it is exempt from complying with Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made under Regulation 30 of the SEBI LODR Regulations on April 10, 2026.

Regulatory Exemption Criteria

The company qualifies for exemption under Regulation 15(2) of the SEBI LODR Regulations due to specific financial thresholds. The exemption criteria are based on two key financial parameters that determine whether a listed entity must comply with certain regulatory requirements.

SEBI Regulation 24A Requirements

SEBI Regulation 24A, established through Circular No CIR/CFD/CMD1/27/2019 dated February 8, 2019, mandates the submission of Annual Secretarial Compliance Reports. Under this regulation, listed companies are required to engage a Company Secretary in Practice to prepare a comprehensive compliance report covering all applicable SEBI regulations and guidelines.

The regulation stipulates that listed entities must submit this compliance report to stock exchanges within 60 days of the financial year end. However, companies meeting the exemption criteria under Regulation 15(2) are not subject to this requirement.

Company's Financial Position

Envair Electrodyne Limited's financial metrics clearly place it within the exemption parameters. The company's paid-up share capital stands at INR 4,64,00,000 (Rupees Four Crores Sixty-Four Lacs Only) as of March 31, 2026, which is significantly below the Rs 10 crore threshold.

Additionally, the company reported a negative net worth of Rs (8,27,66,917) (Rupees Eight Crores Twenty-Seven Lakhs Sixty-Six Thousand Nine Hundred Seventeen) as of March 31, 2025, further confirming its eligibility for the regulatory exemption.

Compliance Disclosure

The disclosure was signed by Avneet Kaur, Company Secretary and Compliance Officer, and submitted to the Department of Corporate Services at BSE Limited. The company has treated this announcement as a formal disclosure under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, ensuring transparency with stakeholders regarding its regulatory compliance status.

Envair Electrodyne Limited has filed a regulatory disclosure with BSE Limited, confirming its status as a non-large corporate entity under the SEBI framework for the financial year 2026. The disclosure, dated April 2, 2026, addresses compliance requirements outlined in specific SEBI circulars related to debt securities issuance by large corporates.

Regulatory Compliance Framework

The disclosure was made in accordance with SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, read with SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023. These circulars establish the framework and applicability criteria for fund raising by issuance of debt securities by large entities.

Company Financial Position

The company provided detailed information about its financial status as required under the regulatory framework:

Key Disclosure Details

Envair Electrodyne Limited reported zero outstanding long-term borrowings as of March 31, 2026, which is a significant factor in determining its classification under the SEBI framework. The company also indicated that it does not have any credit rating from rating agencies during the previous financial year.

Corporate Governance

The disclosure was jointly signed by key executives of the company:

• Avneet Kaur - Company Secretary & Compliance Officer
• Vijay Kumar Sharma - Chief Financial Officer

Both officials confirmed that Envair Electrodyne Limited does not meet the criteria to be classified as a Large Corporate under the specified SEBI circulars. The company's scrip code on BSE is 500246.

Regulatory Significance

This disclosure ensures transparency and compliance with SEBI's regulatory framework governing debt securities issuance. Companies are required to make such disclosures to help investors and regulators understand their borrowing capacity and financial structure under the established guidelines.