Euphoria Infotech Confirms It Is Not a Large Corporate Under SEBI Framework

1 min read     Updated on 04 Apr 2026, 03:51 PM
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Euphoria Infotech (India) Limited disclosed to BSE that it does not qualify as a 'Large Corporate' under SEBI Circular no. SEBI/HO/DDHS/DDHS-RACPODI/P/CIR/2023/172 dated October 19, 2023, which governs fund raising through debt securities by large entities. The disclosure was digitally signed by Whole-time Director Priyabrata Seal on April 4, 2026, clarifying the company's regulatory status and compliance obligations.

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Euphoria infotech (india) Limited has officially disclosed to BSE Limited that it does not qualify as a 'Large Corporate' under the regulatory framework established by the Securities and Exchange Board of India (SEBI). This disclosure was made in compliance with specific SEBI guidelines governing debt securities issuance by large entities.

Regulatory Compliance Disclosure

The company submitted its disclosure pursuant to SEBI Circular no. SEBI/HO/DDHS/DDHS-RACPODI/P/CIR/2023/172 dated October 19, 2023. This circular specifically addresses fund raising by issuance of debt securities by Large Entities and establishes the compliance framework for such entities.

Parameter: Details
SEBI Circular Reference: SEBI/HO/DDHS/DDHS-RACPODI/P/CIR/2023/172
Circular Date: October 19, 2023
Disclosure Date: April 4, 2026
Company Status: NOT A LARGE CORPORATE

Corporate Communication Details

The disclosure was formally communicated to the Listing Department of BSE Limited through an official letter. Priyabrata Seal, Whole-time Director of the company with DIN 07449685, digitally signed the communication on April 4, 2026, at 14:49:16 +05'30'.

Company Information

Euphoria Infotech (India) Limited operates with CIN L92200WB2001PLC093236 and maintains its registered office at Unit 16, 13th Floor, Tower 1, EM 3, Bengal Eco Intelligent Park, Sector V, Salt Lake City, Kolkata, Pin 700091. The company's scrip code on BSE is 544094.

Implications of the Disclosure

By confirming its status as 'NOT A LARGE CORPORATE', the company has clarified its position under the SEBI framework for debt securities issuance. This disclosure ensures transparency regarding the company's regulatory obligations and compliance requirements under the specified SEBI circular. The company has requested BSE to take this information on record for future reference and regulatory compliance purposes.

What are the specific thresholds that determine 'Large Corporate' status under SEBI regulations, and how close is Euphoria Infotech to reaching them?

How might this non-large corporate status affect Euphoria Infotech's ability to raise capital through debt securities in the current market environment?

Will Euphoria Infotech need to make similar compliance disclosures annually, and what triggers might change their corporate status classification?

Euphoria Infotech Secures ₹178.31 Crore Order for IoT Water Monitoring System in West Bengal

1 min read     Updated on 13 Jan 2026, 06:59 PM
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Euphoria Infotech (India) Limited has secured a major order worth ₹1,783.14 lakhs from Webel Technology Limited for implementing IoT-enabled water monitoring systems in Murshidabad district. The project involves deploying sensing systems across rural Public Water Supply Schemes under the Municipal Engineering Directorate Board, Public Health Engineering Directorate. This partnership with Webel Technology Limited, the nodal agency for West Bengal's IT initiatives, represents a significant business development for the Kolkata-based technology company and strengthens its position in government infrastructure modernization projects.

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Euphoria infotech (india) Limited has announced a major contract win, securing an order worth ₹1,783.14 lakhs from Webel Technology Limited. The announcement was made through a regulatory filing under SEBI Regulation 30 on January 13, 2026, marking a significant business development for the Kolkata-based technology company.

Order Details and Scope

The comprehensive order encompasses the implementation of IoT-enabled water service delivery measurement and monitoring sensing systems across various rural Public Water Supply Schemes (PWSS) in Murshidabad district. The project falls under the jurisdiction of the Municipal Engineering Directorate Board (MEDB), Public Health Engineering Directorate, indicating its importance for rural infrastructure development.

Parameter: Details
Order Value: ₹1,783.14 lakhs
Client: Webel Technology Limited
Project Type: IoT-Enabled Water Monitoring System
Location: Murshidabad District, West Bengal
Sector: Rural Water Supply Infrastructure

Strategic Partnership

Webel Technology Limited, the contracting entity, serves as the nodal agency for the Government of West Bengal specifically for the implementation of Information Technology and IT-enabled Services (ITes) projects. This partnership positions Euphoria Infotech as a key technology provider for government infrastructure modernization initiatives in the state.

The collaboration reflects the growing emphasis on digital transformation in public utilities, particularly in water management systems where IoT technology can provide real-time monitoring and improved service delivery to rural communities.

Company Profile and Capabilities

Euphoria Infotech (India) Limited operates under the philosophy "TECH IT EASY," focusing on supporting clients through effective utilization of Information Technology solutions. The company's core strength lies in customized software development, having successfully executed hundreds of projects since its incorporation.

The company maintains several quality certifications that demonstrate its technical capabilities:

  • NSIC certification
  • ISO/IEC 27001:2022 (Information Security Management)
  • ISO 9001:2015 (Quality Management Systems)
  • Various other compliance certifications

Business Impact

This substantial order represents a significant addition to Euphoria Infotech's project portfolio, particularly in the government and public infrastructure sector. The IoT-based water monitoring project aligns with the company's expertise in customized technology solutions and positions it favorably for similar government initiatives focused on rural infrastructure development and digital transformation.

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