Odyssey Corporation Limited Confirms Non-Large Corporate Status Under SEBI Framework
Odyssey Corporation Limited has formally notified BSE Limited that it does not qualify as a Large Corporate under SEBI's regulatory framework per circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023. The company, through Whole Time Director Wilson Marshal John, confirmed its exemption from disclosure requirements related to debt securities fund raising by large entities, ensuring regulatory compliance transparency.

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Odyssey corporation Limited has officially communicated to BSE Limited regarding its classification status under the Securities and Exchange Board of India's Large Corporate regulatory framework. The company has confirmed that it does not meet the criteria to be classified as a Large Corporate entity under the current regulatory guidelines.
Regulatory Framework Reference
The disclosure relates to SEBI Circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023, which addresses fund raising by issuance of debt securities by Large Entities and the associated disclosure and compliance requirements for such Large Companies. This circular establishes specific criteria and obligations for entities classified as Large Corporates in the Indian financial market.
Company's Official Position
In the formal communication dated April 10, 2026, Odyssey Corporation Limited clearly stated its position regarding the Large Corporate classification. The company emphasized that it does not fall under the category of "Large Corporates" as per the framework provided in the aforementioned SEBI circular.
| Parameter | Details |
|---|---|
| Communication Date | April 10, 2026 |
| Regulatory Reference | SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 |
| Circular Date | October 19, 2023 |
| Classification Status | Non-Large Corporate |
Compliance Implications
The classification has direct implications for the company's regulatory obligations. Since Odyssey Corporation Limited does not qualify as a Large Corporate, it is not obligated to file disclosures as per the said circular. This exemption specifically relates to requirements concerning fund raising through debt securities issuance and associated compliance measures that apply exclusively to Large Corporate entities.
Official Authorization
The communication was officially authorized by Wilson Marshal John, Whole Time Director of Odyssey Corporation Limited, bearing Director Identification Number 02044154. The formal notification ensures proper compliance transparency and maintains accurate records with the stock exchange regarding the company's regulatory classification status.
This clarification provides stakeholders with clear understanding of the company's current position within SEBI's regulatory framework and confirms its compliance approach regarding Large Corporate criteria and associated disclosure requirements.
Historical Stock Returns for Odyssey Corporation
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.66% | +20.41% | +10.98% | -8.44% | -53.76% | +497.96% |
What are the specific financial thresholds that Odyssey Corporation would need to meet to qualify as a Large Corporate under SEBI's framework?
How might Odyssey Corporation's non-Large Corporate status affect its ability to raise capital through debt securities compared to larger competitors?
Could Odyssey Corporation's growth trajectory potentially push it into Large Corporate classification in the next 2-3 years?































