Finolex cables Limited has officially communicated to BSE Limited and National Stock Exchange of India that it does not qualify as a 'Large Corporate' under the Securities and Exchange Board of India (SEBI) operational circular framework as of March 31, 2026. The disclosure was made in compliance with SEBI Operational Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, which was updated on April 13, 2022.

Regulatory Compliance Status

The company confirmed through its filing dated April 15, 2026, that it does not meet the applicability criteria for classification as a 'Large Corporate' under the SEBI framework. This classification exempts Finolex Cables from specific regulatory requirements mandated for larger entities, including the obligation to file annual disclosures for incremental borrowings for the financial year ended March 31, 2026.

Financial Position and Credit Ratings

According to the company's disclosure in Annexure XII-A, Finolex Cables maintains a strong financial position with specific borrowing details:

The company's zero outstanding long-term borrowings as of March 31, 2026, reflects its debt-free status while maintaining high credit ratings from CRISIL, indicating strong creditworthiness and financial stability.

Regulatory Framework Implications

The SEBI operational circular establishes specific criteria for identifying 'Large Corporates' and mandates enhanced disclosure requirements for such entities. Companies that do not meet these criteria are exempt from the additional regulatory framework, including requirements for incremental borrowing disclosures and other compliance obligations specific to large entities.

Corporate Governance and Disclosure

The disclosure was signed by key company officials including Siddhesh Mandke, Company Secretary and General Manager (Legal), and Mahesh Viswanathan, Chief Financial Officer. This formal communication ensures transparency with stakeholders and regulatory compliance, demonstrating the company's commitment to proper corporate governance practices and timely regulatory disclosures.

Finolex cables Limited has submitted its quarterly compliance certificate under SEBI Regulation 74(5) for the quarter and financial year ended March 31, 2026. The filing demonstrates the company's adherence to regulatory requirements for depositories and participants.

Regulatory Compliance Filing

The compliance certificate was filed pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The document was submitted to both major stock exchanges where the company's shares are traded.

Certificate Submission Process

KFin Technologies Limited, Hyderabad, serving as the company's Registrar and Transfer Agent, issued the compliance certificates. The certificates were addressed to both Central Depository Services (India) Limited (CDSL) and National Securities Depository Limited (NSDL).

The certificates confirm that details of securities dematerialized and rematerialized during the quarter ended March 31, 2026 have been furnished to all stock exchanges where Finolex Cables' shares are listed, as required under the SEBI regulations.

Documentation and Accessibility

The compliance certificate has been made available on the company's official website at finolex.com/investor/, ensuring transparency and easy access for stakeholders. The filing was signed by Siddhesh Mandke, Company Secretary and General Manager (Legal), and digitally authenticated on April 2, 2026.

This regulatory filing represents routine compliance with SEBI's depositories and participants regulations, ensuring proper documentation of securities transactions during the specified quarter.