Polyspin Exports Limited has announced the opening of a special window for transfer and dematerialization of physical shares, in compliance with recent SEBI regulations. The initiative provides shareholders with a dedicated timeframe to complete pending share transfer and dematerialization processes.

SEBI Circular Implementation

The special window has been established pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026. This regulatory directive specifically addresses the transfer and dematerialization of physical securities that were sold or purchased prior to April 01, 2019.

Public Notice and Communication

Polyspin Exports Limited published public notices on April 24, 2026 to inform shareholders about this special facility. The company ensured wide dissemination of information through multiple channels:

• Print Media: Business Line (All Edition - English) and Dinamalar (Madurai Edition - Tamil)
• Digital Platforms: YouTube and LinkedIn social media channels
• Official Communication: Direct notification to BSE Limited with scrip code 539354

Documentation Requirements

Shareholders seeking to utilize this special window must submit comprehensive documentation to ensure compliance with SEBI regulations. The required documents include:

• Transfer deeds executed prior to April 01, 2019
• Original security certificates
• Client Master List (for eligible shareholders)
• Additional documents as specified in the SEBI circular

Company Information

Polyspin Exports Limited operates as a 100% Export Oriented Unit (EOU) with its registered office located at 351, P.A.C.R. Salai, Rajapalayam - 626 117, Tamil Nadu. The company's manufacturing facility is situated at 1, Railway Feeder Road, Cholapuram South 626 139, via Rajapalayam. A. Emarajan serves as the Company Secretary and Compliance Officer, overseeing the implementation of this special window initiative.

The company has emphasized that this special window is exclusively designed for shareholders who had previously submitted transfer and dematerialization requests that were rejected, returned, or not accepted due to documentation or procedural deficiencies, provided the original transactions occurred before April 01, 2019.

Polyspin Exports Limited has formally disclosed to BSE Limited that it does not meet the criteria to be classified as a Large Corporate under the SEBI circular dated October 19, 2023. The company submitted its disclosure on April 17, 2026, providing detailed information about its financial position and credit rating status.

Financial Position and Credit Rating

The company's financial metrics clearly demonstrate its position relative to SEBI's Large Corporate framework. As of March 31, 2026, Polyspin Exports reported specific borrowing levels and maintained a particular credit rating profile.

SEBI Large Corporate Criteria

The SEBI circular SEBI/HO/DDHS-RACPOD1/P/CIR/2023/172 establishes specific thresholds for Large Corporate classification. Companies must meet both financial and credit rating requirements to qualify under this framework.

Required Criteria:

• Outstanding long-term borrowings of Rs. 1000 Crores or above
• Credit rating of AA/AA+/AAA

Polyspin Exports' current borrowings of Rs. 28.47 Crores fall substantially below the Rs. 1000 Crores threshold, while its BB+ Stable rating does not meet the minimum AA rating requirement.

Regulatory Compliance and Disclosure

The company fulfilled its regulatory obligations by submitting the required disclosure to BSE Limited. The communication was formally signed by key executives, ensuring proper authorization and compliance with corporate governance standards.

Disclosure Details:

• Company Secretary: A. Emarajan
• Chief Financial Officer: S. Seenivasa Varathan
• Stock Exchange: BSE Limited
• Scrip Code: 539354

Company Background

Polyspin Exports Limited operates as a 100% Export Oriented Unit (EOU) with its registered office in Rajapalayam, Tamil Nadu. The company holds Corporate Identification Number L51909TN1985PLC011683 and maintains HACCP system certification, indicating its commitment to quality standards in its export operations.

The disclosure confirms the company's transparency in regulatory compliance and provides clarity to stakeholders regarding its classification under current SEBI frameworks. This communication ensures that investors and market participants have accurate information about the company's status relative to Large Corporate criteria.