KDJ Holidayscapes & Resorts Confirms Non-Large Corporate Status Under SEBI Framework
KDJ Holidayscapes & Resorts Limited confirmed to BSE that it does not qualify as a Large Corporate under SEBI's debt securities framework as on March 31, 2026. The company reported NIL outstanding borrowings and confirmed non-applicability of credit rating and fine provisions under the regulatory framework established by SEBI circulars from 2018 and 2021.

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KDJ Holidayscapes & Resorts Limited has formally notified the Bombay Stock Exchange regarding its status under SEBI's Large Corporate framework for debt securities issuance. The company confirmed that it does not qualify as a "Large Corporate" as on March 31, 2026, according to the applicability criteria outlined in relevant SEBI regulations.
Regulatory Compliance Framework
The disclosure was made in reference to SEBI circular no. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, and SEBI Operational Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021. These regulations establish the framework for fundraising through debt securities issuance by large corporate entities and mandate specific disclosure requirements.
Company Financial Position
As part of the mandatory disclosure format, KDJ Holidayscapes & Resorts Limited provided key financial details regarding its borrowing status:
| Parameter: | Status |
|---|---|
| Outstanding Borrowing (March 31, 2026): | NIL |
| Credit Rating: | Not Applicable |
| Stock Exchange Fine Provision: | Not Applicable |
Corporate Information
The company operates under CIN L74900MH1993PLC071710 with its registered office located in Mumbai, Maharashtra, and corporate office in Ahmedabad, Gujarat. The disclosure was signed by Company Secretary & Compliance Officer Himanshu Zinzuwadia and Chief Financial Officer Akash Parmar.
Regulatory Significance
The confirmation ensures compliance with SEBI's transparency requirements for corporate borrowing and debt securities framework. Companies falling under the Large Corporate category face specific obligations regarding fundraising through debt securities, making this status determination crucial for regulatory compliance and operational planning.
What are KDJ Holidayscapes' expansion plans given their zero borrowing status and potential access to debt markets?
How might the company's non-Large Corporate status affect its future fundraising options and capital structure strategy?
Will KDJ Holidayscapes consider debt financing for upcoming hospitality projects in the post-pandemic recovery phase?

























