Khandwala Securities Limited has submitted a regulatory disclosure to stock exchanges confirming its non-applicability under specific SEBI circular requirements for debt securities fund raising by large entities. The disclosure was filed with both BSE Limited and National Stock Exchange of India Limited on April 9, 2026.

Regulatory Compliance Disclosure

The company has confirmed that it does not fall under the category of 'Large Corporates' as per the applicable framework provided in SEBI circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, as amended, read with SEBI Circular No. SEBI/HO/DDHS/DDHSRACPOD1/P/CIR/2023/172 dated October 19, 2023. These circulars specifically address fund raising by issuance of debt securities by large entities.

Disclosure Requirements

Since Khandwala Securities Limited does not meet the criteria for large corporates under the applicable SEBI framework, the company has confirmed that disclosure in Annexure A is not required. This exempts the company from specific reporting obligations that would otherwise apply to entities classified as large corporates under the regulatory framework.

Company Authorization

The disclosure was authorized and signed by Abhishek Joshi, who serves as the Company Secretary & Compliance Officer for Khandwala Securities Limited. The filing includes the official company seal and was submitted to both major stock exchanges where the company's securities are listed.

This regulatory filing ensures compliance with SEBI's disclosure requirements while clarifying the company's status under the specific circular provisions related to debt securities fund raising by large entities.

Khandwala Securities Limited has filed its mandatory annual disclosure under SEBI regulations for the financial year ended March 31, 2026. The disclosure was submitted to both major stock exchanges on April 7, 2026, fulfilling regulatory compliance requirements.

Regulatory Disclosure Details

The company submitted its annual disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011. The filing was addressed to both BSE Limited and National Stock Exchange of India Limited, where the company's shares are listed.

Promoter Declaration

Paresh J. Khandwala, acting as promoter of Khandwala Securities Limited, submitted a formal declaration on behalf of all promoters, promoter group members, and persons acting in concert. The declaration specifically confirmed that no encumbrance was made, directly or indirectly, on equity shares held by the promoter group during the financial year ended March 31, 2026.

The promoter's declaration emphasized compliance with SEBI regulations and provided assurance regarding the status of promoter shareholdings. This disclosure serves as a transparency measure for investors and regulatory authorities.

Company Authorization

The disclosure was officially filed by Abhishek Joshi, who serves as Company Secretary & Compliance Officer for Khandwala Securities Limited. The filing included the company's official seal and was copied to the company's Audit Committee at their Nariman Point office in Mumbai.

Regulatory Significance

This annual disclosure represents a mandatory compliance requirement under SEBI's substantial acquisition regulations. The filing ensures transparency regarding promoter shareholding patterns and any potential encumbrances that might affect investor interests. Such disclosures are critical for maintaining market integrity and providing stakeholders with accurate information about promoter commitments.