Palred Technologies Limited has formally notified stock exchanges that it does not qualify as a Large Corporate under SEBI's regulatory framework. The company submitted its mandatory disclosure on April 15, 2026, to both BSE and NSE, confirming its compliance status with recent SEBI circulars regarding Large Corporate classification.

Regulatory Compliance Disclosure

The disclosure was made in reference to SEBI Circular dated November 26, 2018, and the subsequent SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023. These circulars pertain to fund raising through debt securities by large entities and the associated disclosure requirements for Large Corporates.

Company Financial Position

The company provided key financial details as part of its disclosure requirements:

Large Corporate Framework

The Large Corporate framework under SEBI regulations requires entities meeting specific criteria to comply with enhanced disclosure and borrowing requirements. Companies identified as Large Corporates must adhere to stricter norms regarding debt securities issuance and related compliances.

Official Confirmation

Company Secretary Shruti Mangesh Rege signed the disclosure document, officially confirming that Palred Technologies Limited does not qualify to be identified as a Large Corporate as per the applicability criteria outlined in the SEBI circular dated October 19, 2023. The disclosure serves as the company's formal communication to maintain transparency with regulatory authorities and market participants regarding its compliance status.

Palred technologies has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations for the quarter ended March 31, 2026. The filing demonstrates the company's adherence to regulatory requirements for securities dematerialization processes.

Compliance Certificate Details

The compliance certificate was filed with both BSE Limited and National Stock Exchange of India Limited on April 11, 2026. The document certifies that securities received for dematerialization have been properly processed according to regulatory guidelines.

Dematerialization Process Confirmation

Based on certificates received from KFIN Technologies Limited, the company's Registrar and Transfer Agent, Palred Technologies confirmed that all securities received for dematerialization were mutilated and cancelled after due verification. The depository's name was substituted in the company's records as the registered owner within the stipulated time of receipt of the certificate of security.

The company further certified that dematerialized securities are listed on the same stock exchanges where the earlier issued securities are listed, ensuring continuity in trading arrangements.

Registrar and Transfer Agent Certificates

KFIN Technologies Limited, serving as the Registrar to an Issue and Share Transfer Agent, provided supporting certificates to both major depositories. The certificates were issued on April 1, 2026, to Central Depository Services (India) Limited and National Securities Depository Limited.

Ganesh Chandra Patro, Deputy Vice President at KFIN Technologies Limited, signed both certificates confirming that details of securities dematerialized and rematerialized during the quarter were furnished to all stock exchanges where the company's shares are listed.

Regulatory Compliance

The filing ensures compliance with SEBI (Depositories and Participants) Regulations 2018, specifically Regulation 74(5), which mandates quarterly reporting of dematerialization activities. This regulatory framework ensures transparency and proper record-keeping in the securities dematerialization process, protecting investor interests and maintaining market integrity.