HCP Plastene Bulkpack Limited has submitted a regulatory disclosure to BSE Limited confirming that its promoters have not created any encumbrance on their shareholdings as on March 31, 2026. The disclosure was filed pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Regulatory Compliance Declaration

The disclosure was submitted by Company Secretary and Compliance Officer Rishabh Kumar Jain on April 04, 2026, on behalf of the promoter group. The declaration specifically states that promoters have not made any encumbrance directly or indirectly of shares held by them in the company as on March 31, 2026.

Promoter Group Details

Mr. Prakash Hiralal Parekh, Managing Director and Promoter with DIN 00158264, submitted the declaration on behalf of all promoters and promoter group entities. The promoter group comprises seven entities and individuals who have confirmed no encumbrance creation during the financial year ended March 31, 2026.

Promoter Group Entities

The disclosure covers the following promoter group members:

• HCP Enterprise Ltd
• Plastene India Limited
• Prakash Hiralal Parekh
• Parekh Madhu Prakash
• Prakashkumar Hiralal Parekh
• Aman Prakash Parekh
• Aayush Anil Kawar

Compliance Framework

The disclosure fulfills the mandatory requirement under SEBI regulations for promoters to declare any encumbrance created on their shareholdings. The regulation ensures transparency in promoter shareholding patterns and protects investor interests by mandating disclosure of any charges or encumbrances on promoter shares.

The company has requested BSE Limited to take this information on record, completing its regulatory compliance obligation for the specified period. This disclosure demonstrates the company's adherence to corporate governance norms and regulatory transparency requirements.

HCP Plastene Bulkpack Limited has formally notified BSE Limited about its status regarding SEBI's Large Corporate criteria, confirming that the company falls outside the regulatory framework as of March 31, 2026. The disclosure was made through an official communication signed by Managing Director Prakash Hiralal Parekh on April 2, 2026.

Regulatory Framework and Compliance

The confirmation pertains to specific SEBI regulations governing large corporate entities and their debt securities issuance requirements. The company referenced two key regulatory documents in its disclosure:

Corporate Status Declaration

The company's management has confirmed that HCP Plastene Bulkpack Limited does not meet the criteria that would classify it as a "Large Corporate" under the SEBI framework. This determination was made based on the applicability framework provided in the referenced circulars, which establish specific thresholds and criteria for large corporate classification.

Management Authorization

The regulatory disclosure was authorized and signed by Prakash Hiralal Parekh, who serves as the company's Managing Director. The communication was digitally signed and submitted to BSE's Listing Department for official record-keeping purposes.

Implications for Debt Fundraising

By confirming its status outside the Large Corporate criteria, HCP Plastene Bulkpack Limited is not subject to the mandatory requirements for debt securities issuance that apply to larger entities under the SEBI regulatory framework. This classification affects the company's fundraising options and compliance obligations related to debt instrument issuances.