Harrisons Malayalam Limited has formally notified BSE and NSE that it does not qualify as a 'Large Corporate' under the SEBI circular issued on October 19, 2023, pertaining to fund raising through debt securities by large corporates.

Regulatory Compliance Confirmation

The company submitted its confirmation to both stock exchanges on April 13, 2026, stating that it does not meet the applicability criteria outlined in SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172. This circular establishes a framework for fund raising by large corporates through issuance of debt securities, with specific compliance requirements and enhanced regulatory oversight.

Financial Position and Credit Profile

As part of the disclosure requirements, Harrisons Malayalam provided key financial and credit information as of March 31, 2026:

Corporate Information

Harrisons Malayalam Limited, incorporated in 1978 with CIN L01119KL1978PLC002947, is headquartered at Willingdon Island, Cochin. The company trades on BSE under symbol 500467 and on NSE under symbol HARRMALAYA.

Regulatory Framework Impact

The SEBI circular dated October 19, 2023, introduced enhanced regulatory requirements for large corporates seeking to raise funds through debt securities. Companies falling under this framework are subject to additional compliance obligations and disclosure requirements. By confirming its non-applicability status, Harrisons Malayalam clarifies that it will continue to operate under the standard regulatory framework for debt security issuances.

The confirmation was signed by Company Secretary Binu Thomas and Chief Financial Officer Sajish George, ensuring proper authorization and compliance with regulatory notification requirements.

Harrisons Malayalam Limited has announced the resignation of its Company Secretary and Compliance Officer, marking a key management personnel change at the Cochin-based company.

Key Management Personnel Change

Mr. Binu Thomas, who served as Company Secretary and Compliance Officer, has submitted his resignation effective April 18, 2026. The resignation was tendered to pursue alternate career opportunities outside the organization.

Regulatory Compliance

The company has fulfilled its obligations under SEBI regulations by formally notifying both major stock exchanges. The intimation was made in accordance with Regulation 30 and Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Stock Exchange Notifications:

• Bombay Stock Exchange Ltd. (Symbol: HARRMALAYA)
• National Stock Exchange of India Ltd. (Symbol: HARRMALAYA)

Resignation Details

In his resignation letter dated April 13, 2026, Mr. Thomas expressed appreciation for the Board of Directors' support during his tenure. He specifically requested the company to file necessary forms with the Registrar of Companies and Ministry of Corporate Affairs to formalize the resignation process.

The resignation covers multiple roles including Company Secretary, Compliance Officer, and Nodal Officer positions. Mr. Thomas emphasized the need for proper regulatory filings and stock exchange intimations to ensure compliance with applicable regulations.

Company Information

Harrisons Malayalam Limited, incorporated in 1978, operates from its registered office at Willingdon Island, Cochin. The company maintains its corporate communications through established channels and continues its business operations during this management transition.