Hindustan Organic Chemicals Limited has submitted a comprehensive regulatory disclosure to BSE Limited confirming its non-applicability status under SEBI's Large Corporate framework. The disclosure, filed on April 7, 2026, addresses compliance requirements under SEBI circular SEBI/HO/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023.

Regulatory Compliance Status

The company has confirmed that it does not fall under the categories mentioned in the SEBI circular dated October 19, 2023, except for having its equity shares listed on BSE. This disclosure relates to the regulatory framework for fund raising by issuance of debt securities by Large Corporates and associated compliance requirements.

Company Profile and Certifications

Hindustan Organic Chemicals Limited operates as a Government of India enterprise with its registered and corporate office located at Ambalamugal, Ernakulam District, Kerala. The company holds multiple ISO certifications including ISO 9001, 14001, 45001, and 50001 for its operations, demonstrating its commitment to quality, environmental management, occupational health and safety, and energy management standards.

Financial Position Details

The company's financial disclosure reveals its current borrowing status and compliance parameters:

Block Period Analysis

For the current 2-year block period covering FY 2025-26 and 2026-27, the company reported comprehensive borrowing details:

Authorization and Contact Details

The disclosure was digitally signed by Subramonian H, Company Secretary & Compliance Officer, and Yogendra Prasad Shukla, Deputy General Manager & Chief Financial Officer, confirming the accuracy of the submitted information to BSE Limited. The company can be contacted at its Ambalamugal facility through phone numbers 0484-2720911-13 and 2720844, with additional contact details provided for the compliance officers.

Hindustan organic chemicals Limited has announced the placement of a Letter of Intent with M/s. Link Legal, New Delhi, for consultancy services related to the closure activities of its subsidiary company Hindustan Fluorocarbons Limited (HFL). The company informed BSE Limited about this development under Regulation 30 of SEBI LODR Regulations.

Contract Details and Scope

The consultancy engagement involves carrying out closure-related activities for HFL, the subsidiary of HOCL. The company has emphasized that only a Letter of Intent has been placed with the consultant based on the Request for Proposal (RFP) published by HOCL. A formal work order containing comprehensive terms and conditions, including the final scope of work, will be awarded separately.

Financial and Commercial Terms

The contract specifications reveal important commercial considerations for the engagement:

Regulatory Compliance and Disclosures

The company has provided mandatory disclosures as required under SEBI regulations. The engagement does not involve any promoter interest in the consultant entity, and the transaction does not fall within the scope of related party transactions. This ensures compliance with corporate governance norms and maintains transparency in business dealings.

Implementation Timeline

The one-year timeframe associated with the consultancy order indicates a structured approach to the subsidiary closure activities. The phased implementation, beginning with the Letter of Intent and followed by a formal work order, demonstrates systematic project management for the HFL closure process.

The announcement reflects HOCL's commitment to proper closure procedures for its subsidiary operations while maintaining regulatory compliance and transparent disclosure practices to stakeholders and stock exchanges.