Ghushine Fintrrade Ocean Limited has notified the Bombay Stock Exchange of its exemption from certain SEBI disclosure requirements for the financial year ended 31st March 2026. The company announced on 17th April, 2026, that it is not required to submit related party transaction disclosures under Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Exemption Framework

The exemption is granted under Regulation 15(2) of SEBI LODR Regulations, 2015, which provides relief from corporate governance provisions for specific categories of listed entities. The regulation exempts companies from compliance with various provisions including Regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 27 and specific clauses under Regulation 46.

Eligibility Criteria

Companies qualify for this exemption under two specific conditions:

Ghushine Fintrrade Ocean Limited, with its registered office located at Ground Floor-27, Aagam Cross Road, AC Market Opposite, Star Galaxy Near Shrunagar Residency, Vesu Abhava Road, Surat-395007, falls within the ambit of these exemption provisions.

Company Details and Compliance

The notification was signed by Bhagirath Radhakrishna Vaishnav, Company Secretary & Compliance Officer (Membership No. ACS 57369), and submitted to the exchange on behalf of the Board of Directors. The company trades on BSE with equity script code 539864 and ISIN code INE009U01011.

Impact of Exemption

This exemption relieves the company from the mandatory requirement to disclose related party transactions under Regulation 23(9) for FY26. The provision is designed to reduce compliance burden on smaller listed entities while maintaining essential regulatory oversight for larger corporations. The company has requested the exchange to take this exemption notification on record for the specified financial year.

GHUSHINE FINTRRADE OCEAN LIMITED has officially informed the Bombay Stock Exchange (BSE) that it does not qualify as a Large Corporate under SEBI regulations as on March 31, 2026. The notification was submitted on April 17, 2026, ensuring compliance with regulatory disclosure requirements.

Regulatory Compliance Status

The company's notification specifically addresses SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, which governs fund raising by issuance of debt securities by large entities. GHUSHINE FINTRRADE OCEAN LIMITED has confirmed that it does not meet the criteria outlined in this circular's framework for large corporate classification.

Company Information

The notification was signed by Bhagirath Radhakrishna Vaishnav, who serves as the Company Secretary and Compliance Officer with membership number ACS 57369. The document was digitally signed and submitted from the company's Surat office.

Regulatory Framework

The SEBI circular in question establishes specific criteria for determining large corporate status and mandates particular compliance requirements for entities that qualify under this category. By confirming its non-large corporate status, GHUSHINE FINTRRADE OCEAN LIMITED clarifies that these specific debt securities regulations do not apply to its operations.

This disclosure ensures transparency with stakeholders and maintains proper regulatory compliance as required under BSE listing regulations. The company has requested BSE to take this information on record for future reference.