Jigar Cables Limited Confirms Non-Applicability of Large Corporate Disclosure Requirements

1 min read     Updated on 10 Apr 2026, 05:19 PM
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Jigar Cables Limited has notified BSE Limited that it does not qualify as a "Large Corporate" under SEBI's regulatory framework, exempting it from specific disclosure requirements related to debt securities issuance. The April 10, 2026 notification references SEBI circulars from November 2018 and October 2023, confirming the company's non-applicability for Annexure XII-A disclosure format submissions.

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Jigar Cables Limited has officially communicated to BSE Limited that it does not fall under the "Large Corporate" category as defined by SEBI's regulatory framework. The notification, dated April 10, 2026, addresses specific disclosure requirements related to debt securities issuance by large corporates.

Regulatory Framework Reference

The company's notification references two key SEBI circulars that establish the framework for large corporate disclosures:

Circular Details: Information
Primary Circular: SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018
Updated Circular: SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023
Subject Matter: Fund raising by issuance of debt securities by Large Corporates
Disclosure Format: Annexure XII-A

Company's Compliance Status

Jigar Cables Limited has confirmed that it does not meet the criteria to be classified as a "Large Corporate" under the SEBI framework. This determination exempts the company from specific disclosure obligations that apply to entities qualifying as large corporates under the regulatory guidelines.

Official Communication Details

The formal notification was submitted to BSE Limited's Corporate Governance Department with the following particulars:

Parameter: Details
Script Code: 540651
Script ID: JIGAR
Submission Date: April 10, 2026
Signatory Directors: Ramnik P. Vaghasiya (Whole-time Director) and Akshay Vaghasiya (CFO)

Corporate Information

Jigar Cables Limited operates from its registered and corporate office located at Plot No. 164/14 & 15, Jamwadi GIDC - 2 Gondal - 360 311 Dist. Rajkot, Gujarat. The company holds multiple certifications including ISO 9001:2015 and various CML certifications, demonstrating its commitment to quality standards in the cables and wires manufacturing sector.

The notification ensures regulatory compliance by formally confirming the company's status regarding large corporate disclosure requirements, providing clarity to stakeholders and regulatory authorities about its obligations under current SEBI guidelines.

Historical Stock Returns for Jigar Cables

1 Day5 Days1 Month6 Months1 Year5 Years
-14.99%-15.32%-5.98%-25.88%-5.25%+52.78%

What are Jigar Cables' growth plans that could potentially push it into the 'Large Corporate' category in the coming years?

How might the company's exemption from large corporate disclosure requirements affect its ability to raise debt capital compared to larger competitors?

Will Jigar Cables consider voluntary adoption of enhanced disclosure practices to attract institutional investors despite not being mandated to do so?

Jigar Cables Limited Submits SEBI Compliance Certificate for Q4FY26

1 min read     Updated on 06 Apr 2026, 04:01 PM
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Jigar Cables Limited filed its Q4FY26 compliance certificate under SEBI Regulation 74(5) with BSE SME Platform on April 6, 2026. Bigshare Services Private Limited, the company's registrar, confirmed that all shares remain in dematerialised form with no rematerialisation requests received during the quarter ended March 31, 2026. The filing demonstrates the company's continued adherence to regulatory requirements and maintenance of fully electronic shareholding structure.

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Jigar Cables Limited has submitted its quarterly compliance certificate under SEBI regulations for the quarter ended March 31, 2026. The cable manufacturing company filed the mandatory documentation with BSE Limited's SME Platform on April 6, 2026, fulfilling its regulatory obligations under the SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Details

The certificate was filed pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. Bigshare Services Private Limited, acting as the company's registrar and share transfer agent, issued the compliance certificate on April 4, 2026.

Parameter: Details
Quarter Period: March 31, 2026
Filing Date: April 6, 2026
Certificate Date: April 4, 2026
Script Code: 540651
Script ID: JIGAR
ISIN: INE943X01015

Share Dematerialisation Status

Bigshare Services Private Limited confirmed that Regulation 74(5) is not applicable to Jigar Cables Limited during the reporting quarter. The registrar stated that the entire shareholding of the company remains in dematerialised form, with no physical share certificates outstanding.

Key highlights from the compliance certificate include:

  • All company shares maintained in electronic demat form
  • Zero rematerialisation requests received during Q4FY26
  • Complete digital shareholding structure preserved
  • Full compliance with depositories regulations maintained

Corporate Governance Framework

The submission was authorised by Ramnik P. Vaghasiya, Whole-time Director of Jigar Cables Limited, bearing DIN 06965718. The digital signature on the filing was executed on April 6, 2026, demonstrating the company's commitment to timely regulatory compliance.

Corporate Details: Information
CIN: L28999GJ2017PLC095651
Registered Office: Plot No. 164/14 & 15, Jamwadi GIDC - 2, Gondal - 360311, Rajkot, Gujarat
Registrar: Bigshare Services Private Limited
Authorised Signatory: Akash Shamal

The company operates under the Sigma brand for its wire and cable products, maintaining ISO 9001:2015 certification along with multiple ISI Mark certifications for various product categories. This quarterly filing reinforces Jigar Cables' adherence to corporate governance standards and regulatory requirements in the Indian capital markets.

Historical Stock Returns for Jigar Cables

1 Day5 Days1 Month6 Months1 Year5 Years
-14.99%-15.32%-5.98%-25.88%-5.25%+52.78%

How might Jigar Cables' complete dematerialized shareholding structure position the company for potential institutional investor interest or future fundraising activities?

What impact could the company's maintained ISO certifications and regulatory compliance have on its competitiveness in upcoming government infrastructure projects?

Will Jigar Cables consider graduating from BSE's SME platform to the main board given its strong compliance track record and operational certifications?

More News on Jigar Cables

1 Year Returns:-5.25%