Polylink Polymers (India) Limited has formally notified BSE Limited that it does not qualify as a "Large Corporate" under the Securities and Exchange Board of India's borrowing framework for FY 2026-27. The submission, dated April 17, 2026, addresses compliance requirements under SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 issued on November 26, 2018.

Regulatory Compliance Status

The company confirmed its non-applicability to the Large Corporate borrowing framework through an official communication to BSE Limited. According to the submission, Polylink Polymers (India) Limited does not meet the criteria specified in paragraphs 2.2 (ii) & (iii) of the SEBI circular regarding fund raising by issuance of debt securities by Large Corporates.

Financial Position Details

The company provided key financial metrics as part of its regulatory disclosure:

SEBI Framework Background

The SEBI circular dated November 26, 2018, establishes specific criteria for identifying Large Corporates and mandates compliance requirements for fund raising through debt securities. Companies falling under this framework must adhere to enhanced disclosure norms and borrowing guidelines. Polylink Polymers' submission clarifies its exemption from these requirements based on its current financial profile.

Company Profile

Polylink Polymers (India) Limited operates as an ISO 9001:2015 certified company with its registered office and manufacturing facility located in Valthera village, Dholka-Bagodara Highway, Ahmedabad district. The company maintains its head office in Ahmedabad and has been incorporated since 1993 under the Companies Act.

The regulatory filing was signed by Company Secretary and Compliance Officer Priyal Dangi and Chief Finance Officer Manoj Gohil, confirming the company's compliance status for the upcoming financial year 2026-27.

Polylink polymers (India) Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI's depositories and participants regulations. The certificate pertains to the quarter ended 31st March, 2026, marking the completion of Q4FY26 compliance obligations.

Regulatory Compliance Details

The certificate was submitted under Regulation 74(5) of the SEBI (Depositories and Participants) Regulation, 2018. This regulation mandates specific compliance requirements for listed companies regarding the dematerialization process of securities.

Certificate Issuance and Verification

MCS Share Transfer Agent Limited, serving as the company's registrar and share transfer agent, issued the compliance certificate on April 6, 2026. The certificate confirms adherence to critical dematerialization requirements:

• Securities received for dematerialization have been properly listed on stock exchanges
• Original certificates have been duly verified, mutilated, and cancelled following established procedures
• The depository's name has been substituted in records as the registered owner

All processes were completed within the mandatory 15-day timeframe as stipulated by SEBI regulations.

Corporate Communication

The submission was formally communicated to BSE Limited's Corporate Relationship Department by Ravi Prakash Goyal, Whole Time Director of Polylink Polymers (India) Limited. The communication included the digitally signed certificate and requested BSE to take the compliance information on record.

Company Information

Polylink Polymers (India) Limited operates as an ISO 9001:2015 certified company with its head office located in Ahmedabad and registered office in Dholka, Ahmedabad district. The company maintains regular compliance with SEBI regulations as part of its listing obligations on BSE.