Kiri Industries Limited Confirms Non-Applicability of SEBI Large Corporate Framework for Debt Securities

1 min read     Updated on 14 Apr 2026, 06:33 PM
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Kiri Industries Limited has notified BSE and NSE that it does not fall under SEBI's Large Corporate framework for debt securities fund raising as per circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. The disclosure, signed by Company Secretary Suresh Gondalia and CFO Jayesh Vyas on April 14, 2026, confirms the company's exemption from specific compliance requirements applicable to Large Corporates, ensuring regulatory transparency and proper disclosure obligations.

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Kiri Industries Limited has officially communicated to stock exchanges that it does not fall under the Large Corporate framework established by the Securities and Exchange Board of India (SEBI) for debt securities fund raising.

Regulatory Disclosure Details

The company submitted its non-applicability disclosure on April 14, 2026, addressing SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. This circular specifically covers fund raising by issuance of debt securities by Large Entities and outlines disclosure and compliance requirements for Large Corporates.

Parameter Details
Circular Reference SEBI/HO/DDHS/CIR/P/2018/144
Circular Date November 26, 2018
Disclosure Date April 14, 2026
Subject Matter Fund Raising by Large Entities

Stock Exchange Communication

The disclosure was simultaneously submitted to both major Indian stock exchanges where the company's shares are listed. The communication confirmed that Kiri Industries Limited does not fall under the category or framework of Large Corporates as specified under the referenced SEBI circular.

Exchange Details
BSE Limited Scrip Code: 532967
National Stock Exchange Scrip ID: KIRIINDUS

Authorized Signatories

The regulatory disclosure was jointly signed by two key company officials, ensuring proper authorization and compliance with corporate governance requirements:

  • Suresh Gondalia - Company Secretary (Membership No.: F7306)
  • Jayesh Vyas - Chief Financial Officer

Business Operations

Kiri Industries Limited operates across multiple business segments with manufacturing facilities located in Gujarat. The company's operations span three main product categories:

  • Dyes Manufacturing: Located at GIDC Vatva, Ahmedabad
  • Intermediates Production: Situated in Dudhwada, Vadodara district
  • Chemicals Manufacturing: Also based in Dudhwada, Vadodara district

This regulatory disclosure ensures transparency regarding the company's compliance status and clarifies that it is not subject to the specific requirements applicable to Large Corporates under the SEBI framework for debt securities fund raising.

Historical Stock Returns for Kiri Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-2.33%-5.23%+11.39%-29.78%-34.26%-3.02%

What are the specific size or revenue thresholds that determine Large Corporate classification under SEBI's framework, and how close is Kiri Industries to meeting these criteria?

Will Kiri Industries' exclusion from the Large Corporate framework provide it with more flexible debt fundraising options compared to larger competitors in the chemicals sector?

How might this regulatory status impact Kiri Industries' ability to access capital markets for future expansion of its Gujarat manufacturing facilities?

Kiri Industries Limited Submits Q4FY26 SEBI Compliance Certificate for Dematerialisation Process

1 min read     Updated on 03 Apr 2026, 04:09 PM
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Kiri Industries Limited filed its Q4FY26 compliance certificate under SEBI Regulation 74(5) on April 03, 2026, covering the quarter ended March 31, 2026. The certificate, issued by registrar Cameo Corporate Services Limited, confirms proper dematerialisation processes and regulatory compliance. Company Secretary Suresh Gondalia submitted the documentation to BSE and NSE, ensuring transparency in securities operations and adherence to prescribed reporting standards.

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Kiri industries Limited has submitted its quarterly compliance certificate under SEBI regulations for the quarter ended March 31, 2026. The certificate demonstrates the company's adherence to regulatory requirements for share dematerialisation processes and maintains transparency in its securities operations.

Regulatory Compliance Certificate

The company filed its certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 with both major stock exchanges on April 03, 2026. Company Secretary Suresh Gondalia formally submitted the documentation to ensure regulatory compliance.

Parameter: Details
Filing Date: April 03, 2026
Quarter Covered: Q4FY26 (ended March 31, 2026)
Certificate Date: April 02, 2026
Regulation: SEBI Regulation 74(5)
Company Secretary: Suresh Gondalia (M. No. F7306)

Registrar and Transfer Agent Confirmation

Cameo Corporate Services Limited, serving as the company's Registrar and Transfer Agent, issued the compliance certificate dated April 02, 2026. The certificate confirms that all securities received from depository participants for dematerialisation during Q4FY26 were properly processed according to regulatory requirements.

The registrar confirmed that securities received for dematerialisation were accepted or rejected appropriately, and all securities comprised in the certificates have been listed on stock exchanges where the company's previously issued securities are traded. Additionally, the certificate validates that security certificates received for dematerialisation were mutilated and cancelled after due verification by depository participants.

Process Verification

The compliance certificate verifies that the names of depositories have been substituted in the register of members as registered owners within the stipulated time limits under the captioned regulations. This ensures proper maintenance of shareholder records and compliance with SEBI guidelines for dematerialisation processes.

Stock Exchange Submission

The documentation was formally submitted to both BSE Limited and National Stock Exchange of India Limited, maintaining the company's commitment to regulatory transparency and proper disclosure practices. This quarterly filing represents part of Kiri Industries' ongoing compliance with securities market regulations and demonstrates adherence to prescribed reporting standards.

Historical Stock Returns for Kiri Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-2.33%-5.23%+11.39%-29.78%-34.26%-3.02%

Will Kiri Industries face any regulatory scrutiny given the upcoming changes to SEBI dematerialization guidelines expected in FY27?

How might the company's consistent regulatory compliance impact its eligibility for inclusion in ESG-focused investment indices?

What operational challenges could arise if SEBI introduces stricter digital reporting requirements for quarterly compliance certificates?

More News on Kiri Industries

1 Year Returns:-34.26%