Kriti Industries (India) Limited has filed a formal disclosure with BSE Limited on May 8, 2026, confirming that it does not qualify as a Large Corporate under the Securities and Exchange Board of India (SEBI) circular dated October 19, 2023. The circular, bearing reference number SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172, pertains to the framework for fund raising by issuance of debt securities by large entities. The company's confirmation was submitted in compliance with Regulation 30 requirements and signed by Company Secretary and Compliance Officer Aditi Randhar, along with Chief Financial Officer Rajesh Sisodia.

Regulatory Disclosure Details

As part of the filing, Kriti Industries submitted Annexure A — the prescribed format for initial disclosure by entities identified as Large Corporates — to formally establish its non-applicability status. The document provides key financial and regulatory details as required under the SEBI framework. The following table summarises the disclosures made by the company:

Non-Applicability Confirmed

The company has explicitly stated that it does not meet the applicability criteria defined under the SEBI circular for classification as a Large Corporate. As a result, the mandatory debt-raising framework prescribed for large entities under the said circular does not apply to Kriti Industries. The company has requested BSE Limited to take the information on record and publish it on the exchange's website for the benefit of investors and members of the company.

The disclosure was digitally signed by Aditi Randhar, Company Secretary and Compliance Officer, on May 8, 2026, and countersigned by Rajesh Sisodia, Chief Financial Officer. The filing originates from the company's registered office at Mehta Chambers, 34, Siyaganj, Indore – 452007, Madhya Pradesh.

Kriti Industries (India) Limited has filed a NIL Statement of Deviation pursuant to Regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, for the quarter ended 31st March, 2026. The filing, dated 5th May, 2026, confirms that there has been no deviation or variation in the utilisation of funds raised through preferential issue, and no modification has been made to the project objectives during the reported quarter.

Fund Raising Overview

The company raised funds through a preferential issue on three separate dates — 27th July, 2024, 11th February, 2025, and 12th June, 2025. No fresh amount was raised during the quarter ended 31st March, 2026. The cumulative amount raised till the quarter end stood at Rs. 7425.297 Lakhs against a total original allocation of Rs. 15000.000 Lakhs. CARE Ratings Limited has been designated as the monitoring agency for the funds raised.

The following table summarises the fund utilisation details as reported for the quarter ended 31st March, 2026:

Object-Wise Fund Utilisation

The funds raised through the preferential issue were earmarked for three specific objects. The table below presents the original allocation, funds utilised, and deviation status for each object as of the quarter ended 31st March, 2026:

Audit Committee and Compliance Confirmation

The Audit Committee, after reviewing the fund utilisation for the quarter ended 31st March, 2026, confirmed that there is no deviation or variation in the utilisation of funds against the stated objects. No comments from auditors were applicable for this period. The company also stated that it is in the process of filing the corporate announcement under Regulation 32(1) in XBRL format within the stipulated time.

The filing was signed by Aditi Randhar, Company Secretary and Compliance Officer, and Rajesh Sisodia, Chief Financial Officer, on 5th May, 2026, in accordance with the requirements of SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019.