Morarka Finance Limited has officially communicated to BSE Limited that it does not qualify as a Large Corporate Entity under the SEBI framework for fund raising through debt securities. The disclosure, dated April 02, 2026, addresses the regulatory requirements outlined in SEBI circular SEBI/HO/DDHS/CIR/P/2018/144.

Regulatory Compliance Declaration

The company has formally declared its status in response to the SEBI circular dated November 26, 2018, which established the framework for fund raising by issuance of debt securities by Large Corporate Entities. Company Secretary and Compliance Officer Divya Agarwal confirmed that the disclosure requirements mentioned in the said circular are not applicable to Morarka Finance Limited.

Financial Position Details

The company provided specific financial information to support its non-Large Corporate status declaration:

Corporate Structure and Authorization

The disclosure document bears the digital signature of Divya Sunil Agarwal, who serves as the Company Secretary and Compliance Officer. The annexure format also includes authorization from P. P. Singh, Chief Financial Officer, demonstrating proper corporate governance in the disclosure process.

Regulatory Framework Context

The SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 establishes specific criteria for identifying Large Corporate Entities and mandates certain disclosure requirements for fund raising activities through debt securities. Companies that do not meet the Large Corporate criteria must formally communicate their status to ensure regulatory compliance and transparency with stock exchanges and investors.

Morarka Finance Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The Mumbai-based financial services company filed the mandatory certificate under Regulation 74(5) of SEBI regulations on April 2, 2026. Company Secretary and Compliance Officer Divya Agarwal signed the submission, ensuring compliance with securities market regulations.

Certificate Confirmation

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, serves as the company's registrar and share transfer agent. The agency issued the compliance certificate on April 1, 2026, confirming proper handling of securities during the quarter.

Ashok Shetty, Senior Vice President of Corporate Registry at MUFG Intime India Private Limited, signed the certificate. The document confirms that securities received from depository participants for dematerialisation during the quarter were properly processed and confirmed to the depositories.

Securities Processing Compliance

The certificate validates several key compliance aspects:

• Securities received for dematerialisation were confirmed or rejected within prescribed timelines
• Security certificates were properly mutilated and cancelled after verification
• Depository names were substituted in the register of members as registered owners
• All securities comprised in certificates have been listed on relevant stock exchanges

Regulatory Framework

The filing demonstrates adherence to SEBI's regulatory framework governing depositories and participants. The quarterly certification process ensures transparency in securities handling and maintains investor confidence in the dematerialisation process.

The company copied both National Securities Depository Limited and Central Depository Services (India) Limited on the submission, maintaining transparency with key market infrastructure institutions.