Kalpa Commercial has scheduled a board meeting on May 30, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The meeting will be held at 04:00 P.M. at the company's registered office in Delhi. The trading window for insiders has been closed since April 1, 2026, and will remain closed until 48 hours after the declaration of the financial results, specifically until June 1, 2026.

Agenda for the Board Meeting

The board will deliberate on the following items:

1. The Audited Financial Results for the quarter and year ended March 31, 2026.
2. Any other item with the permission of the Chairman.

Trading Window Closure

Pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window is closed from April 1, 2026. It will reopen on June 1, 2026, after the financial results are declared.

Kalpa Commercial Limited has formally disclosed to BSE Limited that it does not fall under the purview of SEBI's Large Corporate framework for fund raising requirements. The disclosure, dated April 14, 2026, clarifies the company's position regarding compliance obligations under the regulatory circular.

SEBI Large Corporate Framework Requirements

The SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023 establishes specific criteria for identifying "Large Corporates" subject to enhanced fund raising requirements. The framework applies to listed entities that must satisfy three key conditions:

Company's Compliance Status

Kalpa Commercial Limited's assessment reveals partial compliance with the regulatory framework. The company meets only the first criterion, having its equity shares listed on BSE Limited under scrip code 539014. However, it does not satisfy the remaining two critical requirements.

Regulatory Implications

The disclosure confirms that Kalpa Commercial Limited is not required to file the Initial Disclosure within 30 days from the beginning of financial year 2026-2027. This exemption stems from the company's failure to meet the borrowing and credit rating thresholds specified in the SEBI circular.

The communication, signed by Managing Director Ishant Malhotra (DIN: 06459062), serves as formal notification to the stock exchange and regulatory authorities. The framework specifically excludes Scheduled Commercial Banks and applies only to entities meeting all three prescribed conditions simultaneously.

Company Information

Kalpa Commercial Limited operates under CIN L74899DL1985PLC022778 with its registered office located in Delhi. The company trades on BSE Limited under the symbol KALPACOMME and maintains its corporate communications through established channels for investor and regulatory correspondence.