ND Metal Industries Limited Confirms Non-Compliance with SEBI Large Corporate Criteria
ND Metal Industries Limited has notified BSE that it does not meet SEBI's Large Corporate criteria under circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. The non-ferrous metals manufacturer confirmed through Managing Director Ajay Kumar Garg that Initial and Annual disclosure requirements under the said circular are not applicable to the company. The communication ensures regulatory compliance and transparency regarding the company's classification status.

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ND Metal Industries Limited, a manufacturer of non-ferrous metals, has officially informed the Bombay Stock Exchange (BSE) that it does not qualify as a Large Corporate under the Securities and Exchange Board of India (SEBI) regulations. The company made this clarification through a formal communication dated April 09, 2026, addressing its compliance status with specific SEBI guidelines.
Regulatory Compliance Clarification
The company's notification specifically references SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, which outlines the criteria for Large Corporate classification. ND Metal Industries Limited has confirmed that it does not fulfill the criteria mentioned in Para 2.2 of this circular.
| Parameter | Details |
|---|---|
| Company Name | ND Metal Industries Limited |
| CIN | L51900MH1984PLC032864 |
| Script Code | 512024 |
| Communication Date | April 09, 2026 |
| SEBI Circular Reference | SEBI/HO/DDHS/CIR/P/2018/144 |
| Circular Date | November 26, 2018 |
Disclosure Requirements Impact
As a result of not meeting the Large Corporate criteria, ND Metal Industries Limited has stated that the requirement for submission of Initial and Annual disclosures under the referenced SEBI circular is not applicable to the company. This clarification helps establish the company's regulatory obligations and compliance framework going forward.
Management Communication
The formal communication to BSE was signed by Ajay Kumar Garg, Managing Director of ND Metal Industries Limited, bearing DIN: 00088977. The company has requested BSE to take this information on record, ensuring proper documentation of its compliance status with regard to Large Corporate classification requirements.
This disclosure demonstrates the company's commitment to maintaining transparency with regulatory authorities and ensuring proper compliance with applicable SEBI guidelines and circulars.
What are the specific financial thresholds that ND Metal Industries would need to achieve to qualify as a Large Corporate under SEBI regulations?
How might this non-Large Corporate status affect ND Metal Industries' access to capital markets and institutional investor interest?
What competitive advantages or disadvantages does ND Metal Industries face in the non-ferrous metals sector given its current size classification?



























