Jai Mata Glass Limited has officially communicated to BSE Limited regarding its regulatory status under SEBI's Large Corporate framework. The company has confirmed that it does not meet the criteria for classification as a 'Large Corporate' entity as of March 31, 2026.

Regulatory Compliance Communication

The formal disclosure was submitted to BSE Limited's Corporate Relationship Department on April 4, 2026. The communication specifically references SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, which establishes criteria for Large Corporate classification and associated disclosure requirements.

Disclosure Requirements Exemption

Due to its non-Large Corporate status, Jai Mata Glass Limited is exempt from specific regulatory obligations. The company confirmed that the requirement for filing Initial Disclosure in prescribed formats, as mandated by the aforementioned SEBI circular for large entities raising funds through debt securities, does not apply to the company.

Corporate Structure and Leadership

The regulatory communication was executed by Company Secretary and Compliance Officer Amrita Mittal, who digitally signed the document on April 4, 2026. The company operates with its registered office and works located at Village Tipra, Barotiwala, District Solan in Himachal Pradesh, while maintaining its head office in New Delhi.

Significance for Stakeholders

This disclosure provides clarity to investors and regulatory authorities regarding Jai Mata Glass Limited's current regulatory classification. The non-Large Corporate status indicates that the company's financial parameters fall below the thresholds established by SEBI for large entity classification, thereby exempting it from enhanced disclosure requirements typically applicable to larger corporations in debt market transactions.

Jai Mata Glass Limited has formally approached BSE Limited requesting a three-month extension for appointing a new Chief Financial Officer (CFO), following the resignation of its former CFO in December 2025.

CFO Position Vacancy Details

The company's CFO position became vacant with effect from 8th December, 2025, following the resignation of the former Chief Financial Officer. In a formal communication dated 7th March, 2026, addressed to BSE Limited's Corporate Relationship Department, the company outlined the circumstances leading to this request.

Regulatory Compliance Requirements

The company referenced specific regulatory provisions governing the appointment of Key Managerial Personnel. Under Section 203 of the Companies Act, 2013, read with applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, companies are required to fill vacancies in Key Managerial Personnel positions within prescribed timeframes.

Recruitment Challenges

Jai Mata Glass Limited stated that despite ongoing search efforts, the company has been unable to identify a suitable candidate for the CFO position. The company expressed that it "is in search and could not find any candidate for the said position," necessitating the extension request to complete the appointment process.

Company Background

The company operates with its head office located at Flat No. A-1, Upper Ground Floor, Property No 23, Block-A, Rajpur Road, Chattarpur Extension, New Delhi. Its registered office and manufacturing works are situated at Village Tipra, Barotiwala, District Solan in Himachal Pradesh. The communication was digitally signed by Amrita Mittal, serving as Company Secretary & Compliance Officer.

The company has requested BSE Limited to take the matter on record and grant the sought extension to enable completion of the CFO appointment process.