Piccadily Agro Industries Limited has formally disclosed to BSE and NSE that it does not qualify as a 'Large Corporate' for the financial year ended March 31, 2026, under the SEBI regulatory framework. The disclosure was made on April 15, 2026, in compliance with SEBI Circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023.

Regulatory Compliance Disclosure

The company submitted the mandatory disclosure regarding its status under the SEBI framework for fund raising by issuance of debt securities by large corporates. Company Secretary and Compliance Officer Niraj Kumar Sehgal confirmed that Piccadily Agro Industries does not meet the applicability criteria specified under the aforementioned SEBI circulars for classification as a Large Corporate.

Financial Position and Credit Ratings

As part of the disclosure requirements, the company provided detailed financial information in the prescribed format:

SEBI Framework Background

The disclosure relates to SEBI's framework governing fund raising through debt securities by large corporates. The regulatory framework, established through SEBI Circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023, requires companies to assess and disclose their status based on specific applicability criteria.

Corporate Information

Piccadily Agro Industries Limited operates with its registered office in Village Bhadson, Karnal, Haryana, and corporate office in Gurugram. The company, incorporated in 1994 with CIN L01115HR1994PLC032244, maintains listings on both BSE (Code: 530305) and NSE (Scrip Code: PICCADIL). The formal disclosure ensures compliance with stock exchange requirements and provides transparency regarding the company's regulatory status for the current financial year.

Piccadily Agro Industries Limited has announced a historic achievement for its flagship brand Indri Single Malt Indian Whisky, with the Indri Diwali Collector's Edition 2025 winning the "Best Special Edition Design" award at the World Whiskies Awards 2026. This recognition marks a significant milestone as Indri becomes the first Indian brand ever to claim this prestigious title in the World's Best Design Category.

Award-Winning Design Philosophy

The winning design was conceived by renowned designer Krsnaa Mehta, Founder of India Circus, who created a compelling tribute to India's rich heritage. The design draws inspiration from the lush gardens of India's royal era, featuring majestic elephants and birds that capture a sense of serenity, grandeur, and timeless elegance.

The packaging incorporates intricate layers of traditional motifs, ornate patterns, and symbolic elements, with each detail thoughtfully curated to reflect India's artistic legacy while underscoring Indri's commitment to excellence.

Designer's Vision and Cultural Storytelling

Krsnaa Mehta expressed his satisfaction with the creative process, stating: "I truly enjoyed crafting this packaging, it was a beautifully immersive process. The walking royal elephants and the royal courtyard bring in the Indianness I set out to capture, adding a sense of heritage and quiet grandeur to the design. I am utterly delighted to see it receive the recognition it so richly deserves."

The design transcends visual appeal to become immersive storytelling, capturing the essence of India during Diwali through:

• Vibrant, expressive, and celebratory themes
• Rich, evocative hues and heritage-inspired textures
• Narrative-led artwork transforming bottles into collectible art pieces
• Deep roots in Indian tradition and cultural belonging

Global Recognition and Market Impact

Shalini Sharma, Head of Marketing at Piccadily Agro Industries Limited, commented on the achievement: "With every Diwali edition, we set out to create something that celebrates India in its truest form. The 2025 design is a tribute to our heritage—our art, our symbols, our stories. To see it being recognised as the best in the world is incredibly special. It reinforces that Indian design, rooted in culture yet expressed with modernity, can stand tall on any global platform."

The recognition is particularly significant as it was achieved on a global stage, with Indri's India-inspired design standing out among leading international whisky brands, proving that authentic cultural storytelling has universal appeal.

Indri's Growing Legacy

Since its launch in 2022, Indri Single Malt Whisky has established itself as the fastest-growing single malt in the world, earning over 40 prestigious accolades, including 'Best Indian Single Malt' and 'Best Whisky in The World.' The brand is produced in Indri, a village in Haryana, using premium 6-row Indian barley from Rajasthan.

The Diwali Collector's Editions have become one of the most anticipated Indian single malts to launch every festive season, with each edition bringing fresh design language and renewed celebration of Indian culture. This latest recognition marks a broader shift in the global narrative, with India commanding attention not just for spirit quality but also for distinctive design language and powerful storytelling.