Lake Shore Realty Limited Confirms Non-Applicability of SEBI Large Corporate Framework for FY 2026-27
Lake Shore Realty Limited has confirmed to BSE that it does not qualify as a Large Corporate under SEBI regulations for FY 2026-27. The company reported nil outstanding borrowings as of March 31, 2026, and submitted compliance documentation as required by SEBI circulars. The disclosure was signed by Company Secretary Ankit Dinesh Singh and CFO Himanshu Dineshkumar Joshi on April 13, 2026.

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Lake Shore Realty Limited (formerly mahaan foods Limited) has officially confirmed to BSE Limited that it does not qualify as a Large Corporate under the Securities and Exchange Board of India (SEBI) regulatory framework for the financial year 2026-27. The confirmation was submitted on April 13, 2026, in compliance with multiple SEBI circulars governing fund raising through debt securities by large entities.
Regulatory Compliance Framework
The disclosure was made pursuant to three key SEBI circulars: SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, SEBI Operational Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021 (updated April 13, 2022), and circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023. These circulars pertain to fund raising by issuance of debt securities by large entities and establish specific criteria for determining Large Corporate status.
Company Financial Position
The company's financial disclosure reveals its current borrowing status and compliance parameters:
| Parameter | Details |
|---|---|
| Company Name | Lake Shore Realty Limited |
| CIN | L68100DL1987PLC350285 |
| Outstanding Borrowing (March 31, 2026) | Nil |
| Credit Rating (Previous FY) | Not Applicable |
| Stock Exchange for Fine Payment | Not Applicable |
Key Financial Metrics
Lake Shore Realty Limited reported nil outstanding borrowings as of March 31, 2026, which places it well below the thresholds established under SEBI's Large Corporate framework. The company confirmed that it does not meet the applicability criteria mentioned in clause 2.2 of the November 2018 circular, clause 1.2 of Chapter XII of the August 2021 circular, and clause 3.2 of the October 2023 circular.
Management Confirmation
The disclosure was signed by two key executives on April 13, 2026. Company Secretary and Compliance Officer Ankit Dinesh Singh provided his digital signature, along with Chief Financial Officer Himanshu Dineshkumar Joshi. Both officials confirmed that the company does not qualify to be identified as a Large Corporate under the SEBI regulatory framework.
Corporate Background
Lake Shore Realty Limited, formerly known as Mahaan Foods Limited, operates under CIN L68100DL1987PLC350285. The company has maintained transparency in its regulatory compliance by submitting the required annexure format as prescribed under the SEBI circulars for the financial year ended March 31, 2026.
Historical Stock Returns for Mahaan Foods
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.89% | +1.00% | +11.86% | -6.04% | +95.46% | +325.01% |
What strategic factors led to Lake Shore Realty's transition from Mahaan Foods, and how might this business pivot affect future growth prospects?
How will Lake Shore Realty's zero borrowing status impact its ability to finance real estate development projects in the current market environment?
What are the potential advantages and limitations for Lake Shore Realty in accessing capital markets given its non-Large Corporate classification?


































