HAS Lifestyle Limited Confirms Non-Classification as Large Corporate Entity Under SEBI Framework

1 min read     Updated on 17 Apr 2026, 04:35 PM
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AI Summary

HAS Lifestyle Limited disclosed to BSE on April 17, 2026, that it has not been identified as a Large Corporate entity as on March 31, 2026, under SEBI's debt securities framework. The company reported nil outstanding borrowings and nil credit rating, confirming compliance with SEBI circulars from August 2021 and October 2023 regarding fund raising disclosures.

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HAS Lifestyle Limited has formally notified BSE that it does not qualify as a Large Corporate entity under the Securities and Exchange Board of India's framework for fund raising through debt securities issuance. The disclosure, dated April 17, 2026, confirms the company's status as on March 31, 2026.

Regulatory Compliance Framework

The disclosure was made in accordance with Chapter XII of SEBI Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, and SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023. These circulars establish the framework for "Fund Raising by Issuance of Debt Securities by Large Entities" and require specific disclosures from companies regarding their classification status.

Company Financial Position

The company's financial disclosure reveals its current borrowing status and credit profile. HAS Lifestyle Limited submitted detailed information in the prescribed format as part of its compliance obligations.

Parameter: Details
Company Name: HAS Lifestyle Limited
CIN: L74999MH2006PLC166037
Outstanding Borrowing (March 31, 2026): NIL
Highest Credit Rating (Previous FY): NIL
Stock Exchange for Fine Payment: NIL

Corporate Structure and Operations

HAS Lifestyle Limited operates in the lifestyle and beverages sector with its registered office located in Andheri East, Mumbai. The company maintains its corporate website at www.hasjuicebar.com and conducts business under the tagline "Juices & More - Get high... Naturally!"

Compliance Declaration

The disclosure was signed by Priya Jha, who serves as both Company Secretary and Chief Financial Officer. The company explicitly confirmed that it does not meet the applicability criteria for classification as a "Large Corporate" under the SEBI operational circular framework. This confirmation ensures the company remains compliant with current regulatory requirements while providing transparency to stakeholders regarding its financial structure and borrowing capacity.

What strategic initiatives might HAS Lifestyle Limited pursue to scale up and potentially qualify as a Large Corporate entity in future years?

How could the company's zero outstanding borrowing status impact its ability to fund expansion plans in the competitive lifestyle and beverages sector?

Will HAS Lifestyle Limited seek credit ratings in the upcoming financial year to enhance its debt fundraising capabilities?

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HAS Lifestyle Limited Submits SEBI Compliance Certificate for Q4 FY26

1 min read     Updated on 08 Apr 2026, 06:35 AM
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AI Summary

HAS Lifestyle Limited filed its SEBI Regulation 74(5) compliance certificate for Q4 FY26, confirming proper dematerialization processes were completed within prescribed timelines. The company verified that securities were listed on stock exchanges, certificates were mutilated after verification, and depository names were substituted in records. MUFG Intime India Private Limited, the company's RTA, provided independent confirmation of compliance with all regulatory requirements during the quarter ended March 31, 2026.

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HAS Lifestyle Limited has submitted its quarterly compliance certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The filing demonstrates the company's adherence to regulatory requirements governing securities dematerialization processes.

Regulatory Compliance Details

The certificate filed under Regulation 74(5) confirms that HAS Lifestyle Limited has met all requirements for securities dematerialization during Q4 FY26. The company stated that within 30 days of receipt of securities for dematerialization, all necessary processes were completed in accordance with SEBI guidelines.

Compliance Parameter: Status
Securities Listing: Confirmed on Stock Exchanges
Certificate Verification: Completed and Mutilated
Depository Registration: Name Substituted in Records
Timeline Compliance: Within 30 Days

Key Confirmations

The company provided specific confirmations regarding the dematerialization process:

  • Securities comprised in the certificates have been listed on the stock exchanges
  • Certificates were mutilated and cancelled after due verification
  • The depository's name has been substituted in company records as the registered owner
  • All processes were completed within the prescribed 30-day timeline

RTA Verification

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, served as the Registrar and Transfer Agent for the process. The RTA provided independent confirmation that securities received from depository participants during the quarter ended March 31, 2026 were properly processed.

RTA Details: Information
Company Name: MUFG Intime India Private Limited
Former Name: Link Intime India Private Limited
CIN: U67190MH1999PTC118368
Confirmation Date: April 3, 2026

The RTA confirmed that security certificates received for dematerialization were mutilated and cancelled after due verification by the depository participant, and that depositories' names were substituted in the register of members within prescribed timelines.

Corporate Information

HAS Lifestyle Limited, operating under CIN L74999MH20069LC166037, is based in Mumbai and operates the HAS Juices & More brand. The company's scrip code on BSE is 780014. The certificate was signed by Director Niru Kanodia (DIN: 02651444) on April 7, 2026, and submitted to BSE Limited's Listing Compliance Department.

What factors might drive increased dematerialization activity for HAS Lifestyle Limited in the upcoming quarters?

How could the transition from Link Intime to MUFG Intime as RTA impact HAS Lifestyle's future investor servicing capabilities?

Will HAS Lifestyle consider expanding its juice business operations given its consistent regulatory compliance track record?

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