Hisar Metal Industries Limited has submitted an undertaking to the Bombay Stock Exchange and National Stock Exchange of India, confirming that it does not fall under the Large Corporate (LC) criteria as specified in SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018.

Regulatory Compliance Communication

The company formally communicated its status to both stock exchanges on April 10, 2026, through a letter signed by Company Secretary and Compliance Officer Vishesh Kumar Chugh. The communication specifically addresses the SEBI circular regarding fund raising by issuance of debt securities by Large Corporates and associated disclosure compliance requirements.

Hisar Metal Industries Limited confirmed that the disclosure requirements as per the aforementioned SEBI circular are not applicable to the company, given its non-LC status under the regulatory framework.

Financial Position and Credit Rating Status

The company provided key financial details as part of its initial disclosure to the exchanges:

Corporate Information

Hisar Metal Industries Limited, incorporated under CIN L74899HR1990PLC030937, operates from its registered office and works located near Industrial Development Colony, Hisar-125005, Haryana. The company is listed on both BSE (Scrip Code: 590018) and NSE (Scrip Code: HISARMETAL) under the "Permitted for Trade" category.

Regulatory Framework Context

The SEBI circular dated November 26, 2018, establishes specific criteria for identifying Large Corporates and mandates certain disclosure requirements for fund raising through debt securities. Companies falling under the LC framework are subject to enhanced disclosure norms and compliance requirements. By confirming its non-LC status, Hisar Metal Industries Limited has clarified its regulatory position to the stock exchanges and market participants.

Hisar Metal Industries Limited has filed a regulatory disclosure confirming that its promoter group holdings remain completely unencumbered as on March 31, 2026. The disclosure was submitted to both the Bombay Stock Exchange and National Stock Exchange of India in compliance with SEBI regulations.

Promoter Holdings Structure

The company's promoter group maintains a significant stake in the organization, with detailed shareholding information disclosed as per regulatory requirements.

Regulatory Compliance

The disclosure was made pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Promoter Abhiram Tayal submitted the declaration on behalf of the entire promoter group, confirming that no shares were encumbered during the financial year ended March 31, 2026.

The filing demonstrates the company's commitment to maintaining transparency in its ownership structure and adhering to regulatory requirements. Company Secretary and Compliance Officer Vishesh Kumar Chugh facilitated the submission of the disclosure to the stock exchanges.

Corporate Communication

The disclosure was formally communicated to both major stock exchanges where the company is listed. The document was digitally signed and submitted on April 4, 2026, ensuring timely compliance with regulatory deadlines. This transparency in promoter holdings provides investors with clear visibility into the company's ownership structure and confirms the absence of any encumbrances on promoter shares.