Orosil Smiths India Limited has informed BSE that it does not qualify as a Large Corporate under the SEBI framework for the financial year 2025-26. The company made this disclosure on April 15, 2026, confirming its exemption from specific regulatory requirements applicable to large corporates.

Regulatory Framework and Compliance

The disclosure was made pursuant to SEBI Circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023, read with Chapter XII of SEBI Operational Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, and SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. These circulars establish the framework for determining Large Corporate status and associated disclosure requirements.

As of March 31, 2026, Orosil Smiths India Limited confirmed it does not meet the criteria for Large Corporate classification under the specified SEBI framework. Consequently, the Annual Disclosure mentioned in Annexure B2 of the circular for FY 2025-26 is not applicable to the company.

Financial Position Details

The company provided key financial and operational details in its disclosure:

Zero Outstanding Borrowings

A significant aspect of the disclosure is that Orosil Smiths India Limited reported zero outstanding borrowings as of March 31, 2026. This nil borrowing status is a key factor in the company's non-qualification as a Large Corporate under the SEBI framework. The company also indicated that no credit rating was applicable during the previous financial year.

Compliance Documentation

The disclosure was signed by Sakshi Bansal, Company Secretary & Compliance Officer, and Chandar Prakash, Chief Financial Officer, on April 15, 2026. The communication was formally submitted to BSE's Corporate Relationship Department with proper documentation and annexures as required under the regulatory framework.

This disclosure ensures transparency regarding the company's regulatory status and confirms its compliance with SEBI's disclosure requirements for the determination of Large Corporate framework applicability.

Orosil smiths India Limited has filed its quarterly compliance certificate with BSE Limited, fulfilling regulatory requirements under SEBI Depositories & Participants Regulations for the fourth quarter and financial year ended March 31, 2026.

Regulatory Compliance Filing

The company submitted the compliance certificate on April 06, 2026, through Company Secretary & Compliance Officer Sakshi Bansal. The filing pertains to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, which governs the handling of physical share certificates received for dematerialization.

RTA Confirmation Certificate

Skyline Financial Services Private Limited, serving as the company's Registrar and Transfer Agent (RTA), issued the confirmation certificate dated April 01, 2026. The certificate confirms compliance with regulatory requirements for the quarter ended March 31, 2026, specifically regarding physical share certificates received for dematerialization from depository participants.

The RTA certified two key compliance aspects:

• Securities comprised in the certificates have been listed on the stock exchange where earlier issued securities are listed
• Certificates have been mutilated and cancelled after due verification, with the depository name substituted in records as registered owner within 15 days

Dematerialization Activity Summary

The quarterly report shows limited dematerialization activity during Q4 FY26. The company processed a single transaction involving 100 shares for dematerialization.

Transaction Details

The single dematerialization request was processed efficiently within the regulatory timeframe. The transaction involved shareholders Mayur Jamnadas Vora and Harsha Mayur Vora, with the request received on March 13, 2026, and confirmed on March 20, 2026, completing the process within 8 days.

Regulatory Framework

The filing demonstrates the company's adherence to SEBI's regulatory framework governing depositories and participants. Regulation 74(5) requires companies to maintain proper records and procedures for dematerialization of physical share certificates, ensuring investor protection and market integrity.

The zero rejection rate during the quarter indicates proper documentation and compliance with dematerialization procedures, reflecting effective coordination between the company and its RTA in handling shareholder requests.