Mayank cattle food Limited has formally communicated to the Bombay Stock Exchange that it does not qualify as a Large Corporate under the SEBI regulatory framework. The company submitted its initial disclosure on April 16, 2026, in compliance with multiple SEBI circulars governing Large Corporate identification and borrowing requirements.

Regulatory Compliance Framework

The disclosure was made in reference to three key SEBI circulars: SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, SEBI Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, and SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023. These circulars establish the framework for identifying Large Corporates and their mandatory disclosure requirements.

Financial Position Details

The company provided specific financial information as part of its disclosure requirements:

Large Corporate Classification

Mayank Cattle Food Limited confirmed that it does not meet the applicability criteria specified under Chapter XII of SEBI Operational Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, and its subsequent amendments. This classification is significant as Large Corporates are subject to mandatory borrowing requirements through debt securities markets.

Compliance Framework Impact

Under the SEBI framework, entities identified as Large Corporates must maintain specific borrowing levels through debt securities. In case of shortfall in mandatory borrowing requirements, a fine of 0.2% of the shortfall amount is levied by stock exchanges at the end of each two-year block period, beginning from financial year 2022.

Corporate Information

The disclosure was signed by Director Ankit Bharatbhai Vachhani (DIN: 07279064), Compliance Officer & Company Secretary Abhijeetsen Sahoo, and Chief Financial Officer Ankit Bharatbhai Vachhani. The company, formerly known as Mayank Cattle Food Private Limited, is headquartered in Rajkot, Gujarat, and operates in the cattle feed manufacturing sector.

Mayank cattle food Limited has informed the Bombay Stock Exchange about its exemption from SEBI Regulation 24A compliance requirements for the Financial Year 2025-26. The exemption stems from the company's listing status on the SME Exchange, which provides specific regulatory relief under SEBI guidelines.

Regulatory Exemption Details

Under Regulation 15(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, companies listed on SME Exchanges are exempt from various corporate governance provisions. The exemption covers multiple regulations including 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 26A, and 27.

Compliance Impact

The exemption specifically relieves Mayank Cattle Food Limited from submitting the Annual Secretarial Compliance Report as required by Regulation 24A and SEBI Circular No. CIR/CFD/CMD1/27/2019 dated February 08, 2019. However, the company has confirmed its commitment to continue complying with all other applicable listing requirements.

Company Information

The notification was signed by Director Ankit Bharatbhai Vachhani (DIN: 07279064) and formally submitted to the BSE's Department of Corporate Services. The company, formerly known as Mayank Cattle Food Private Limited, operates under CIN L01210GJ1998PLC033969 and is headquartered in Rajkot, Gujarat.

Regulatory Framework

SEBI's SME Exchange listing framework provides regulatory relief to smaller companies to reduce compliance burden while maintaining essential disclosure requirements. This exemption allows SME-listed companies to focus resources on business operations rather than extensive compliance procedures typically required for main board listings.