Prabhhans industries Limited has notified the Bombay Stock Exchange about its exemption from filing the Annual Secretarial Compliance Report under SEBI regulations for the financial year ended March 31, 2026. The company has invoked Regulation 15(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, citing its financial parameters that fall below the prescribed regulatory thresholds.

Regulatory Exemption Details

The company's exemption is based on specific financial criteria outlined in SEBI regulations. Prabhbhans Industries has demonstrated that both its paid-up equity share capital and net worth are significantly below the regulatory limits that would mandate compliance with certain disclosure requirements.

SEBI Circular Reference

The exemption claim is supported by SEBI Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026, which provides the format for Annual Secretarial Audit Report and Annual Secretarial Compliance Report for listed entities and their material subsidiaries. This circular specifically addresses the non-applicability of Regulation 24A provisions for companies meeting the exemption criteria under Regulation 15(2).

Company Communication

The formal communication to BSE was made on April 16, 2026, by Satnam Singh, who serves as both Managing Director and Chief Financial Officer of the company. The notification explicitly states that the provisions of Regulation 24A regarding submission of Annual Secretarial Compliance Report are not applicable to the company due to its qualifying financial position.

Regulatory Framework

Under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, companies with paid-up equity share capital of less than ₹10 crores and net worth of less than ₹25 crores can claim exemption from certain compliance requirements. This regulatory provision is designed to reduce compliance burden on smaller listed entities while maintaining appropriate oversight mechanisms for larger companies.

The company has requested BSE to take note of this exemption status and maintain it on record for the financial year ended March 31, 2026.

Prabhhans Industries Limited has submitted a clarification to the Bombay Stock Exchange regarding its status under the Large Entity framework for debt securities issuance. The company has confirmed that it does not fall within the applicability criteria outlined in relevant SEBI circulars.

Regulatory Compliance Clarification

The clarification was made in reference to two specific SEBI circulars that govern fund raising through debt securities by large entities. The company's communication addressed the requirements under these regulatory frameworks to ensure proper compliance disclosure.

Company Position Statement

Prabhbhans Industries Limited has explicitly stated that it does not fall in the category of Large Entities as per the applicability framework provided in the aforementioned SEBI circulars. This clarification ensures that the company's regulatory status is clearly communicated to the exchange and stakeholders.

Corporate Information

The communication was officially signed by Satnam Singh, who serves as both Managing Director and Chief Financial Officer of the company. The clarification document was digitally signed and submitted to maintain proper corporate governance standards.

This regulatory clarification demonstrates the company's commitment to maintaining transparency and compliance with SEBI guidelines regarding debt securities issuance frameworks.