MM Rubber Company Confirms Non-Large Corporate Status Under SEBI Guidelines

mm rubber company has formally notified the Bombay Stock Exchange that it does not qualify as a Large Corporate under SEBI's regulatory framework. The company submitted this confirmation on April 8, 2026, addressing specific requirements outlined in recent regulatory circulars.

Regulatory Compliance Confirmation

The notification pertains to SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, which established criteria for large entities regarding fund raising through debt securities issuance. MM Rubber Company Limited has confirmed that it does not meet the specifications outlined in Para 2.2 of this circular.

Parameter:	Details
SEBI Circular Reference:	SEBI/HO/DDHS/CIR/P/2018/144
Circular Date:	November 26, 2018
BSE Circular Reference:	LIST/COMP/05/2019-20
BSE Circular Date:	April 11, 2019
Confirmation Date:	April 8, 2026

Company Classification Status

The company explicitly stated that it "does not fulfill the criteria specified in Para 2.2 of the above mentioned SEBI Circular and hence does not fall in the category of Large Corporate." This classification has implications for the company's regulatory obligations and fund-raising mechanisms through debt securities.

Corporate Information

MM Rubber Company Limited operates in the natural latex foam rubber industry, manufacturing mattresses, pillows, and cushions. The company maintains its registered office at Empire Infantry, III Floor, 29, Infantry Road, Bangalore, with a marketing office located in Chennai.

Corporate Details:	Information
CIN:	L25190KA1964PLC052092
GST Number:	29AAACM2611E1ZX
Primary Products:	Mattresses, Pillows, Cushions
Industry Focus:	Natural Latex Foam Rubber

The confirmation was signed by Meenakshi R, Company Secretary & Compliance Officer, and Machimada Muddappa Kushalappa, Chief Financial Officer, ensuring proper authorization and compliance with regulatory requirements.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	+5.71%	+15.61%	-27.06%	-8.81%	+32.14%

MM Rubber Company Limited, a player in the rubber industry, has released its financial results for the quarter ended September 30, 2025, showing a significant reduction in net loss compared to the previous year.

Financial Highlights

Metric	Q2 2025	Q2 2024	Change
Net Loss	₹40.62	₹258.38	-84.3%
Revenue from Operations	₹1,030.12	₹1,085.43	-5.1%
Total Expenses	₹1,070.74	-	-
Cost of Materials Consumed	₹490.13	-	-

The company reported a net loss of ₹40.62 lakhs for the quarter, a substantial improvement from the loss of ₹258.38 lakhs in the corresponding quarter of the previous year. This represents an 84.3% reduction in net loss year-over-year.

However, revenue from operations saw a slight decline, decreasing to ₹1,030.12 lakhs from ₹1,085.43 lakhs in the same quarter last year, marking a 5.1% decrease.

Half-Year Performance

For the half-year period ended September 30, 2025, MM Rubber Company recorded a cumulative loss of ₹89.94 lakhs.

Expense Breakdown

The total expenses for the quarter stood at ₹1,070.74 lakhs. The largest component of these expenses was the cost of materials consumed, which amounted to ₹490.13 lakhs, representing approximately 45.8% of the total expenses.

Board Approval and Disclosure

The Board of Directors of MM Rubber Company Limited convened on November 10, 2025, to review and approve these unaudited financial results. The meeting, which began at 11:00 AM and concluded at 12:45 PM, was held in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.

The company has submitted the Un-Audited Financial Results along with the Limited Review Report from the auditors to the Bombay Stock Exchange, adhering to the regulatory requirements for listed entities.

While the reduction in net loss is a positive sign for MM Rubber Company, the slight decline in revenue and the continued loss position indicate that challenges remain.