Kalyani Investment Company Limited has officially communicated to stock exchanges that it does not qualify as a Large Corporate under the SEBI framework as of March 31, 2026. The company made this confirmation through formal letters to both BSE Limited and National Stock Exchange of India Limited on April 15, 2026.

Regulatory Compliance and Framework

The confirmation was made pursuant to SEBI Operational Circular dated August 10, 2021, as amended from time to time, and the latest SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023. These circulars specifically address fund raising by issuance of debt securities by Large Corporates and establish the framework for classification.

Official Communication Details

The formal communication was signed by key company officials, ensuring proper authorization and compliance. Nihal Gupta, Company Secretary & Compliance Officer, and Anurag Jain, Chief Executive Officer & Chief Financial Officer, jointly signed the disclosure letters sent to both stock exchanges.

Implications for Debt Fundraising

This classification as a non-Large Corporate has specific implications for the company's approach to debt fundraising and regulatory compliance. The SEBI framework establishes different requirements and pathways for debt securities issuance based on corporate size classification, making this confirmation crucial for the company's future financing strategies.

The company maintains its listing on both major Indian stock exchanges, with scrip code 533302 on BSE and symbol KICL on NSE. This regulatory disclosure demonstrates the company's commitment to maintaining transparency and compliance with evolving SEBI guidelines regarding corporate classifications and debt market regulations.

Kalyani Investment Company Limited has successfully completed all dematerialization requests within the prescribed regulatory timelines for the quarter ended March 31, 2026. The company issued a formal certificate to stock exchanges confirming compliance with SEBI regulations governing depositories and participants.

Regulatory Compliance Certificate

The company submitted its certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 to both BSE Limited and National Stock Exchange of India Limited on April 7, 2026. This quarterly certification confirms that all dematerialization requests received during the period from January 1, 2026 to March 31, 2026 were processed within the stipulated time limits.

Registrar Confirmation

The certification was supported by a confirmation letter dated April 6, 2026 from the company's Registrar & Transfer Agents, MUFG Intime India Private Limited (formerly Link Intime India Private Limited). The registrar provided detailed confirmation regarding the dematerialization process compliance.

MUFG Intime India confirmed several key aspects of the dematerialization process:

• All securities received from depository participants were confirmed (accepted/rejected) to depositories within prescribed timelines
• Security certificates comprised in the dematerialization requests have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialization were properly mutilated and cancelled after due verification
• Names of depositories were substituted in the register of members as registered owners within regulatory timelines

Corporate Communication

The certificate was signed by Nihal Gupta, Company Secretary & Compliance Officer of Kalyani Investment Company Limited. The communication was addressed to both major stock exchanges where the company's shares are listed, ensuring transparent regulatory reporting.

This quarterly certification demonstrates the company's commitment to maintaining regulatory compliance and ensuring smooth processing of investor dematerialization requests. The timely completion of all dematerialization processes reflects efficient coordination between the company and its registrar and transfer agents.