Hardcastle & Waud Manufacturing Company Limited Confirms Non-Large Corporate Status Under SEBI Circular
Hardcastle & Waud Manufacturing Company Limited has formally confirmed to BSE that it does not qualify as a "Large Corporate" under SEBI Circular dated November 26, 2018, relating to fund raising by debt securities. The compliance confirmation was submitted on April 16, 2026, and signed by Company Secretary Smita Achrekar, ensuring regulatory transparency and adherence to SEBI guidelines for debt securities fund raising requirements.

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Hardcastle & Waud Manufacturing Company Limited has issued a formal compliance confirmation to BSE Limited regarding its status under SEBI regulations for debt securities fund raising. The company has clarified that it does not meet the criteria to be classified as a "Large Corporate" under the relevant SEBI circular.
Regulatory Compliance Confirmation
The company submitted its compliance statement on April 16, 2026, in response to SEBI Circular no. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. This circular specifically addresses fund raising by issuance of debt securities by large entities and establishes criteria for determining Large Corporate status.
| Parameter: | Details |
|---|---|
| Circular Reference: | SEBI/HO/DDHS/CIR/P/2018/144 |
| Circular Date: | November 26, 2018 |
| Compliance Date: | April 16, 2026 |
| Company Status: | Not a Large Corporate |
| Relevant Clause: | Clause 2.2 |
Official Communication Details
The formal communication was addressed to BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai. The letter was digitally signed by Smita Achrekar, who serves as the Company Secretary & Compliance Officer for Hardcastle & Waud Manufacturing Company Limited.
Company Information
Hardcastle & Waud Manufacturing Company Limited operates with its registered office located at Mall Office, 2nd Floor, Metro Junction Mall, Netivali, Kalyan (E), Thane. The company maintains its corporate identification number as L99999MH1945PLC004581, indicating its incorporation in Maharashtra in 1945.
Regulatory Significance
This compliance confirmation ensures that the company meets its regulatory obligations under SEBI guidelines. By formally stating that it does not qualify as a Large Corporate under the specified criteria, the company provides transparency to the stock exchange and regulatory authorities regarding its status for debt securities fund raising purposes.
Historical Stock Returns for Hardcastle & Waud Mfg
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | -100.00% | -100.00% | -100.00% | -100.00% | -100.00% |
What are Hardcastle & Waud's future debt financing plans given its non-Large Corporate status under SEBI regulations?
How might the company's compliance status affect its ability to access capital markets compared to Large Corporate entities?
Will Hardcastle & Waud need to explore alternative funding mechanisms due to the regulatory limitations on debt securities issuance?































