M M Rubber Company Limited has filed an intimation with the Bombay Stock Exchange (BSE) under Regulation 30 and 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, disclosing the demise of its promoter, Mr. Mammen Philip. Mr. Philip passed away on December 8, 2025, at the age of 87, at his residence in Nungambakkam, Chennai. The company acknowledged a delay in reporting due to the sudden and unexpected nature of the bereavement, noting the oversight was unintentional.

Promoter Shareholding Details

At the time of his demise, Mr. Mammen Philip held equity shares in M M Rubber Company Limited. The key details of his shareholding are presented below:

In compliance with Regulation 31A(6)(c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Mr. Mammen Philip has ceased to be a part of the promoter/promoter group of the company with effect from the date of his demise.

Share Transmission and Regulatory Compliance

Following Mr. Philip's demise, his 95,363 equity shares have been transmitted to his daughter, Ms. Kavita Philip, who has been identified as the immediate relative. The company has updated its shareholding pattern accordingly and filed the revised details with BSE for the quarter and year ended March 31, 2026.

The intimation was submitted by Ms. Meenakshi R, Company Secretary and Compliance Officer of M M Rubber Company Limited, on May 7, 2026. The company stated its commitment to maintaining the highest standards of compliance and its consistent track record of adhering to all regulatory requirements.

Death Certificate Details

The filing was accompanied by a death certificate issued by the Greater Chennai Corporation, Department of Public Health, confirming the details of Mr. Mammen Philip's passing. Key details from the official death certificate are as follows:

The company has requested BSE to take the above information on record.

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.

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.

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.