Kemp & Company Limited Files SEBI Large Corporate Non-Applicability Disclosure

2 min read     Updated on 09 Apr 2026, 02:51 PM
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Radhika SScanX News Team
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Kemp & Company Limited submitted comprehensive regulatory disclosure to BSE confirming its exemption from Large Corporate classification under SEBI circular for FY26. The company reported nil outstanding borrowings, no mandatory debt securities requirements, and full compliance with the regulatory framework through detailed annexures signed by Company Secretary and CFO.

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Kemp & Company Limited has submitted its comprehensive regulatory disclosure to BSE Limited on April 9, 2026, confirming its non-applicability as a Large Corporate under SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. The company's filing demonstrates full compliance with the regulatory framework for the financial year ended March 31, 2026.

Regulatory Compliance Framework

The company has confirmed its exemption from Large Corporate classification based on criteria outlined in clause 2.2 of the original SEBI circular, along with subsequent amendments from August 10, 2021 (Clause 1.2 of Chapter XII), and October 19, 2023 (Clause 3.2). This classification exempts Kemp & Company from mandatory debt securities issuance requirements applicable to larger entities.

Company Profile and Financial Position

Kemp & Company Limited, incorporated under CIN L24239MH1982PLC000047, operates from its registered office at 5th Floor, DGP House, 88C, Old Prabhadevi Road, Mumbai - 400 025. The company's financial disclosure reveals a conservative approach with minimal debt obligations:

Parameter Details
Outstanding Borrowings (March 31, 2026) Nil
Credit Rating Status Not Applicable
Stock Exchange for Fine Payment Not Applicable
Large Corporate Classification Does Not Qualify

Current Block Period Analysis

For the two-year block period covering FY 2025-26 and FY 2026-27, the company reported comprehensive borrowing metrics in its annual disclosure:

Metric Amount/Status
Incremental Borrowing Done in FY Nil
Mandatory Borrowing Through Debt Securities Not Applicable
Actual Borrowing Through Debt Securities Nil
Shortfall from Previous Year Nil
Current Year Shortfall Not Applicable

Penalty Framework and Compliance Status

The disclosure confirms no penalties are applicable for the current block period, as the company remains exempt from the mandatory borrowing framework. The standard penalty structure of 0.2% of shortfall amounts does not apply given Kemp & Company's exemption status.

Corporate Governance and Authorization

The regulatory filing was jointly authorized by Company Secretary Karan Gudhka and Chief Financial Officer Vikram Somani, both contactable at the Mumbai registered office (Phone: 022 66539000, Email: kemp-investor@kempnco.com ). This dual authorization ensures proper corporate governance protocols while providing stakeholders with direct access to investor relations personnel.

The company's proactive disclosure approach, including submission of detailed Annexure A and Annexure B2 formats, demonstrates commitment to regulatory transparency and provides complete visibility into its debt management strategy and compliance status for stakeholders and regulators.

Historical Stock Returns for Kemp & Company

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%0.0%+1.01%-12.02%-33.36%+146.05%

Will Kemp & Company's zero-debt strategy limit its growth opportunities in competitive markets requiring capital expansion?

How might changes to SEBI's Large Corporate classification criteria in future amendments affect the company's exemption status?

What factors could potentially push Kemp & Company into Large Corporate classification in the upcoming financial years?

Kemp & Company Shareholders Unanimously Approve VIP House Purchase Transaction

2 min read     Updated on 15 Dec 2025, 08:57 PM
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Shriram SScanX News Team
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Kemp & Company Limited successfully completed its postal ballot process with unanimous shareholder approval for the VIP House property acquisition from VIP Industries. The voting concluded on December 15, 2025, with 229,578 shares (100%) voting in favor and zero dissenting votes, representing 21.25% of outstanding shares.

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Kemp & Company Limited has successfully concluded its postal ballot process, with shareholders unanimously approving the material related party transaction with VIP Industries Limited for the purchase of VIP House property in Prabhadevi, Mumbai. The company announced the voting results on December 15, 2025, marking the completion of a significant corporate transaction.

Postal Ballot Timeline and Process

The company executed a comprehensive timeline for the postal ballot process as planned:

Event: Date
Board Resolution Approval November 7, 2025
Cut-off Date for Voting Eligibility November 10, 2025
Dispatch of Notice (Electronic) November 14, 2025
Voting Commencement November 16, 2025
Voting Conclusion December 15, 2025
Declaration of Results December 16, 2025

The remote e-voting period commenced on Sunday, November 16, 2025, at 9:00 a.m. (IST) and concluded on Monday, December 15, 2025, at 5:00 p.m. (IST). M/s. Ragini Chokshi & Co., Practicing Company Secretaries, served as the scrutinizer for overseeing the postal ballot process.

Voting Results and Shareholder Response

The postal ballot results demonstrated overwhelming shareholder support for the transaction:

Voting Details: Numbers
Total Valid Votes Cast 229,578 shares
Votes in Favour 229,578 shares (100.00%)
Votes Against 0 shares (0.00%)
Percentage of Total Votes 100.00% approval
Percentage of Outstanding Shares 21.25%

The unanimous approval reflects strong shareholder confidence in the company's strategic decision to acquire the VIP House property. All votes were cast through the electronic voting system provided by National Securities Depository Limited (NSDL), with no invalid votes recorded.

Scrutinizer Report and Process Validation

Ragini Chokshi, Partner of M/s. Ragini Chokshi & Co., submitted the scrutinizer report confirming the validity of the voting process. The e-voting results were downloaded in the presence of two independent witnesses, Mr. Harshit Dave and Mr. Shivsahay Mishra, ensuring transparency and proper validation of the results.

Regulatory Compliance and Documentation

The voting results and scrutinizer report have been submitted to BSE Limited under Regulations 30 and 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The complete documentation, including the scrutinizer's report dated December 15, 2025, is available on the company's website and NSDL's e-voting portal for investor reference.

The successful completion of this postal ballot process demonstrates Kemp & Company Limited's commitment to maintaining transparent communication with its stakeholders and following proper regulatory procedures for material related party transactions.

Historical Stock Returns for Kemp & Company

1 Day5 Days1 Month6 Months1 Year5 Years
+4.99%0.0%+1.01%-12.02%-33.36%+146.05%

More News on Kemp & Company

1 Year Returns:-33.36%