Kati Patang Lifestyle Limited has formally disclosed to BSE that it does not qualify as a Large Corporate under the Securities and Exchange Board of India (SEBI) regulatory framework for the financial year 2026-27. The company made this disclosure in compliance with SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, and BSE Circular No. LIST/COMP/05/2019-20 dated April 11, 2019.

Regulatory Compliance Framework

The disclosure relates to SEBI's framework governing fund raising through debt securities by Large Corporates. Under the regulations, companies meeting specific criteria are classified as Large Corporates and must comply with additional disclosure and compliance requirements when raising funds through debt securities.

Company's Financial Position

Kati Patang Lifestyle Limited confirmed that it does not fulfill the Large Corporate criteria as specified in para 2.2.ii of the SEBI circular. The primary reason cited is that the company's long-term borrowings remain below the Rs 100 crore threshold requirement.

Disclosure Requirements

The company submitted the required disclosure under SEBI Circular No. SEBI/HO/DDHS/P/CIR/2021/613, confirming its status as "Not a Large Corporate" as per the applicability criteria given under Chapter XII of SEBI Operational circular dated August 10, 2021. The disclosure was signed by Company Secretary Sanjeev K Jha (FCS: 8690) and CFO Athar Ahmed on April 7, 2026.

Market Context

This disclosure provides clarity to investors and stakeholders regarding the company's regulatory status and borrowing position. Companies that do not meet the Large Corporate threshold are subject to different compliance requirements under SEBI's debt securities framework, which can impact their fund-raising strategies and regulatory obligations.

Kati Patang Lifestyle Limited has filed a regulatory compliance certificate with the Bombay Stock Exchange, confirming the non-issuance of non-convertible securities for the quarter and year ended March 31, 2026. The certificate was submitted on April 7, 2026, in accordance with mandatory disclosure requirements.

Regulatory Compliance Details

The company filed the certificate pursuant to Regulation 57(5) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation requires listed companies to disclose information regarding non-convertible securities or confirm their non-applicability.

Certificate Confirmation

The company confirmed that it has not issued any non-convertible securities during the reporting period. Consequently, interest, dividend, and principal obligations on such securities are not applicable for the quarter and year ended March 31, 2026.

The certificate also clarifies that since no non-convertible securities were issued, furnishing detailed certificates and information under Regulation 57(5)(a) and (b) is not applicable to the company.

Authorized Signatory

The compliance certificate was digitally signed by Sanjeev Kumar Jha, Company Secretary and Compliance Officer (FCS: 8690), on April 7, 2026, at 14:00:51 +05'30'. The document was submitted to BSE's Phroze Jeejeebhoy Towers office in Mumbai for official records and regulatory compliance purposes.