June Industries Limited Confirms Non-Applicability of SEBI Large Corporate Classification

1 min read     Updated on 15 Apr 2026, 09:30 AM
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June Industries Limited (formerly Kashyap Tele-Medicines Limited) has confirmed to BSE that it does not qualify as a 'Large Corporate' under SEBI's regulatory framework. The declaration, signed by Managing Director Kalpesh Bipin Sheth on April 14, 2026, specifically addresses SEBI Circular dated October 19, 2023, regarding fund raising by issuance of debt securities by large entities. The company reiterated that it does not meet the criteria specified in para 3.2 of the aforementioned circular, ensuring compliance with current regulatory disclosure requirements.

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June Industries Limited has officially communicated to BSE Limited that it does not qualify as a 'Large Corporate' under the Securities and Exchange Board of India's regulatory framework. The company, formerly known as Kashyap Tele-Medicines Limited, submitted this confirmation as part of its ongoing regulatory compliance obligations.

Regulatory Compliance Declaration

The company's declaration specifically addresses SEBI Circular No. SEBI/HO/DDHS/DDHSRACPOD1/P/CIR/2023/172 dated October 19, 2023, which pertains to "Fund raising by issuance of Debt Securities by Large Entities." This circular represents the latest update in a series of regulatory guidelines that began with SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018.

Parameter: Details
Circular Reference: SEBI/HO/DDHS/DDHSRACPOD1/P/CIR/2023/172
Date: October 19, 2023
Subject: Fund raising by issuance of Debt Securities by Large Entities
Relevant Section: Para 3.2 - Large Corporate Definition

Corporate Information and Authorization

Managing Director Kalpesh Bipin Sheth, bearing DIN 00405151, digitally signed the compliance confirmation on April 14, 2026. The declaration was submitted to the General Manager-Listing, Corporate Relationship Department at BSE Limited.

Company Details

The company operates from its registered office at Unit No.22 & 23, Hasti Industrial Premises Co-Op Soc Ltd, Plot No R-798, Mahape, MIDC, Navi Mumbai. June Industries Limited carries the Corporate Identity Number L29110MH1995PLC085738, reflecting its incorporation in Maharashtra in 1995.

Regulatory Framework Context

The SEBI circular framework has evolved through multiple iterations, with the original circular from November 26, 2018 being superseded by SEBI Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, and subsequently updated by the October 2023 circular. The company's confirmation ensures compliance with the most current regulatory requirements regarding large corporate classification and associated disclosure obligations.

What are June Industries' plans for future debt fundraising given their non-large corporate status?

How might the company's regulatory classification impact its access to capital markets compared to larger competitors?

Will June Industries consider strategic growth initiatives to potentially qualify as a 'Large Corporate' in future SEBI assessments?

June Industries Limited Files SEBI Compliance Certificate for Quarter Ended March 31, 2026

1 min read     Updated on 06 Apr 2026, 06:30 PM
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June Industries Limited (formerly Kashyap Tele-Medicines Limited) filed its quarterly compliance certificate with BSE Limited under SEBI Depositories Regulations for the quarter ended March 31, 2026. The certificate, submitted on April 6, 2026, confirms proper processing of securities dematerialization activities. MUFG Intime India Private Limited, the company's registrar, confirmed that all dematerialization procedures were completed within prescribed timelines and regulatory requirements were met.

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June Industries Limited (formerly kashyap tele-medicines Limited) has filed its quarterly compliance certificate with BSE Limited under SEBI depositories regulations for the quarter ended March 31, 2026. The certificate was submitted on April 6, 2026, fulfilling regulatory requirements for listed companies.

Regulatory Compliance Filing

The company submitted the mandatory certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. This quarterly filing confirms the proper handling of securities received from depository participants for dematerialization during the reporting period.

Filing Details: Information
Filing Date: April 6, 2026
Quarter Ended: March 31, 2026
Security Code: 531960
Regulation: SEBI Depositories Regulation 74(5)
Filed By: Kalpesh Bipin Sheth, Managing Director

Registrar and Transfer Agent Confirmation

MUFG Intime India Private Limited (formerly Link Intime India Private Limited) served as the company's Registrar and Transfer Agent and provided the necessary confirmation for the quarter. The confirmation certificate dated April 1, 2026, was signed by Ashok Shetty, Sr. Vice President-Corporate Registry.

The registrar confirmed that securities received from depository participants for dematerialization during the quarter ended March 31, 2026, were properly processed and confirmed to the depositories. All security certificates received were mutilated and cancelled after due verification by the depository participant.

Process Compliance

The filing confirms adherence to prescribed timelines and procedures for dematerialization activities. Key compliance aspects include:

  • Securities received for dematerialization were confirmed or rejected to depositories
  • Security certificates were mutilated and cancelled after verification
  • Names of depositories were substituted in the register of members as registered owners
  • All procedures completed within prescribed timelines

Company Information

June Industries Limited operates under CIN L29110MH1995PLC085738 and maintains its registered office at Unit No.22 & 23, Hasti Industrial Premises Co-Op Soc Ltd, Plot No R-798, Mahape, MIDC, Navi Mumbai. The company's securities are listed on BSE Limited under security code 531960.

What strategic initiatives might June Industries pursue following their recent name change from Kashyap Tele-medicines Limited?

How could the transition from Link Intime to MUFG Intime as registrar impact the company's investor relations and share transfer processes?

Will June Industries consider expanding their listing to other exchanges beyond BSE to improve liquidity and market visibility?

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