NTC Industries Confirms Non-Applicability of SEBI Large Corporate Debt Securities Circular

NTC Industries Limited has officially communicated to stock exchanges that it does not qualify as a Large Corporate under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, which pertains to fund raising by issuance of debt securities by large entities.

Official Communication Details

In a formal communication dated April 8, 2026, to BSE Limited and The Calcutta Stock Exchange Ltd., the company confirmed its non-applicability status as of March 31, 2026. The confirmation was signed by Company Secretary and Compliance Officer Tanya Bansal through digital signature.

Classification Criteria

The company meets the exemption criteria under the SEBI circular based on two key parameters:

Parameter:	Company Status
Outstanding Long-term Borrowings:	Below ₹100 crore
Credit Rating:	Does not have AA and above rating

SEBI Circular Background

The SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, established specific guidelines for fund raising through debt securities issuance by large corporate entities. Companies falling under the Large Corporate classification are subject to additional regulatory requirements and compliance measures for debt securities issuance.

Corporate Information

NTC Industries Limited, an ISO 9001-2015 certified company, has its registered office located at 149 B. T. Road, P.O. Kamarhati, Kolkata - 700 058. The company's shares are listed on BSE Limited with scrip code 526723 and on The Calcutta Stock Exchange Ltd. with scrip code 28044.

This regulatory confirmation provides clarity to investors and stakeholders regarding the company's compliance status and its position relative to SEBI's debt securities regulations for large entities.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.77%	+2.50%	-4.42%	-16.03%	-25.89%	+154.77%

NTC Industries Limited has successfully conducted its board meeting on February 14, 2026, and announced the approval of unaudited financial results for the third quarter and nine months ended December 31, 2025. The meeting, which commenced at 3:00 PM and concluded at 3:30 PM, addressed both standalone and consolidated financial performance in compliance with regulatory requirements.

Board Meeting Outcome

The board meeting was conducted in accordance with Regulation 30 and 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The directors approved and took on record the unaudited financial results along with limited review reports issued by the statutory auditors.

Parameter:	Details
Meeting Date:	February 14, 2026
Meeting Duration:	3:00 PM to 3:30 PM
Financial Period:	Quarter and Nine Months ended December 31, 2025
Results Type:	Unaudited Standalone and Consolidated

Regulatory Compliance and Documentation

The company has fulfilled its disclosure obligations by formally communicating the results to relevant stock exchanges. The statutory auditors R. Rampuria & Company, Chartered Accountants, have conducted limited reviews of both standalone and consolidated financial results as required under the listing regulations.

Exchange:	Scrip Code
BSE Limited:	526723
The Calcutta Stock Exchange Ltd.:	28044

Auditor's Review Process

The independent auditor's review was conducted in accordance with Standard on Review Engagements (SRE) 2410, "Review on Interim Financial Information Performed by the Independent Auditor of the Entity," issued by the Institute of Chartered Accountants of India (ICAI). The review covered both standalone and consolidated financial statements prepared in accordance with Indian Accounting Standard 34 (Ind AS 34) "Interim Financial Reporting."

Consolidated Results Coverage

The consolidated financial results include the performance of NTC Industries Limited along with its subsidiaries, providing a comprehensive view of the group's financial position.

Subsidiary Companies:
NTOL Realty Private Limited:	Included
NTOL Shiguri Estate Private Limited:	Included
NTCIL Infrastructure Private Limited:	Included
NTCIL Real Estate Private Limited:	Included

The financial results have been prepared in accordance with Indian Accounting Standards as notified by the Ministry of Corporate Affairs and amended under the Companies (Indian Accounting Standards) Amendment Rules, 2016. The results are now available on the company's website and stock exchange portals for stakeholder review.