Jainco Projects (India) Limited has formally notified stock exchanges about its regulatory status under SEBI's framework for large corporate entities, confirming its exemption from specific debt securities regulations as of March 31, 2026.

Regulatory Compliance Confirmation

The company submitted an official communication dated April 14, 2026, to both BSE Limited and The Calcutta Stock Exchange Ltd., addressing the applicability of SEBI's circular regarding fund raising by large entities through debt securities issuance.

SEBI Large Entity Framework

The confirmation relates to SEBI's circular dated November 26, 2018, which established specific criteria for identifying Large Corporates and imposed particular requirements for fund raising through debt securities issuance. Companies meeting the large entity criteria under this framework are subject to additional regulatory obligations.

Jainco Projects has confirmed that it does not meet the applicability criteria specified under the SEBI circular, thereby exempting it from the enhanced regulatory requirements applicable to large entities.

Corporate Communication

The official communication was digitally signed by Managing Director Sumit Bhansali (DIN: 00361918) and submitted to maintain transparency with regulatory authorities and stock exchanges. The company requested that this information be recorded in the exchanges' official records.

This confirmation ensures compliance with SEBI's disclosure requirements and provides clarity to stakeholders regarding the company's regulatory status under the large entity framework for the quarter ended March 31, 2026.

Jainco Projects (India) Limited has formally declared the non-applicability of corporate governance and other provisions under SEBI (Listing Obligations and Disclosure Requirements) Regulations for the quarter ended March 31, 2026. The declaration was made under Regulation 15(2) of the SEBI LODR Regulations through a communication dated April 4, 2026, addressed to BSE Limited and The Calcutta Stock Exchange Limited.

Regulatory Framework and Exemption Criteria

Under Regulation 15(2)(a) of the SEBI LODR Regulations, 2015, companies with paid-up capital not exceeding Rs. 10 crores and net worth not exceeding Rs. 25 crores are exempt from specific regulatory provisions. These exemptions apply to companies meeting the criteria as on the last day of the previous financial year.

Financial Position and Compliance Thresholds

The company's exemption claim is based on its audited financial statements for the year ended March 31, 2025. The key financial parameters that determine regulatory applicability are outlined below:

Both the paid-up equity share capital and net worth fall below the limits specified under Regulation 15(2) of the Listing Regulations, forming the basis for the company's exemption claim.

Corporate Governance Exemptions

Due to falling below the prescribed thresholds, Jainco Projects has claimed exemption from multiple corporate governance norms. The company is exempt from compliance with Regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, and 27 of the SEBI LODR Regulations. Additionally, the exemption extends to clauses (b) to (i) of sub-regulation (2) of Regulation 46 and paragraphs C, D, and E of Schedule V of the regulations.

Company Details and Formal Declaration

Jainco Projects (India) Limited operates with its registered office located at 2 Clive Ghat Street, Room No. 4A, 4th Floor, Kolkata-700001. The declaration was signed by Sumit Bhansali, Managing Director (DIN: 00361918), and submitted digitally to the respective stock exchanges for their records and acknowledgment. The company undertakes that the various norms specified under the SEBI Listing Regulations are not applicable due to its financial position meeting the exemption criteria.