Piccadily sugar & allied Industries Limited has filed a regulatory disclosure with BSE Limited confirming its classification status under SEBI's Large Corporate framework. The company has formally declared that it does not qualify as a 'Large Corporate' for the financial year ended March 31, 2026.

Regulatory Compliance Disclosure

The disclosure was made in accordance with SEBI Circular no. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023, which addresses fund raising by issuance of debt securities by Large Corporates. This circular works in conjunction with the erstwhile SEBI Circular no. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018.

The communication was addressed to BSE Limited and signed by Kajal Goel, Company Secretary & Compliance Officer, confirming the company's status based on the framework and applicability criteria specified under the aforementioned circulars.

Financial Position Details

As part of the mandatory disclosure requirements, Piccadily Sugar & Allied Industries provided key financial information in the prescribed format:

Corporate Information

The company operates from two locations with its registered office situated at Jakhal Road, Tehsil Patran, District Patiala, Punjab-147001, and corporate office located at SCO 51, 1st Floor, Sector 30-C, Near CSIO, Chandigarh-160030. The company maintains its web presence at www.psailpatran.com and can be contacted via email at piccadilygroup34@rediffmail.com .

Regulatory Framework Context

The SEBI framework for Large Corporates includes specific criteria that determine whether an entity falls under this classification. Companies meeting certain thresholds are required to raise a specified portion of their incremental borrowings through debt securities. Piccadily Sugar & Allied Industries' confirmation of 'Not a Large Corporate' status indicates it does not meet these prescribed criteria, thereby exempting it from the associated regulatory requirements for the financial year 2026.

Piccadily sugar & allied Industries Limited has filed its quarterly compliance certificate with BSE Limited, confirming adherence to SEBI Depositories and Participants Regulations for the quarter ended March 31, 2026. The submission, dated April 06, 2026, demonstrates the company's commitment to regulatory compliance in securities dematerialization processes.

Regulatory Compliance Details

The compliance certificate was issued by Mas Services Limited, the company's registrar and transfer agent, on April 02, 2026. The certificate covers the period from January 01, 2026 to March 31, 2026, ensuring compliance with Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018.

Key Compliance Confirmations

Mas Services Limited confirmed several critical compliance aspects in their certificate:

• Timely Processing: Securities received from Depository Participants for dematerialization were confirmed within 15 days of receipt
• Certificate Management: Physical security certificates were properly mutilated and cancelled after due verification
• Register Updates: Depositories were substituted as registered owners in the register of members within the 15-day timeframe
• Exchange Notifications: All relevant stock exchanges were updated within the stipulated time limit

Administrative Framework

The compliance certificate was signed by Kajal Goel, Company Secretary & Compliance Officer of Piccadily Sugar & Allied Industries Limited. Sharwan Mangla, General Manager at Mas Services Limited, authenticated the registrar's confirmation. This dual-signature approach ensures proper verification and accountability in the compliance process.

Corporate Information

Piccadily Sugar & Allied Industries Limited operates with its registered office located at Jakhal Road, Tehsil Patran, Distt. Patiala, Punjab-147001. The company maintains its corporate office at SCO 51, 1st Floor, Sector 30-C, Near CSIO, Chandigarh-160030. Mas Services Limited, serving as the registrar and transfer agent, is based at T-34 IInd Floor Okhla Industrial Area Phase-II New Delhi 110020.

This quarterly compliance submission reinforces the company's adherence to SEBI regulations governing depositories and participants, ensuring transparent and efficient securities dematerialization processes for stakeholders.