Prabhu Steel Industries Limited has formally declared that it does not fall under the Large Corporate framework as specified in SEBI circular dated November 26, 2018. The company has communicated this declaration to both BSE Limited and The Calcutta Stock Exchange Association Limited.

Regulatory Declaration Details

The company's declaration references two key SEBI circulars regarding the Large Corporate framework. The primary circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, and the subsequent circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023, both relate to fund raising by issuance of debt securities by Large Entities and associated disclosure requirements.

Stock Exchange Communication

The declaration was submitted to both stock exchanges where Prabhu Steel Industries Limited is listed. The company communicated with BSE Limited's Department of Corporate Services and The Calcutta Stock Exchange Association Limited's Secretary office.

Company Information

Prabhu Steel Industries Limited, established in 1972, operates from its registered office located at Plot No. 158, Small Factory Area, Bagadganj, Nagpur – 440 008, Maharashtra. The company holds CIN L28100MH1972PLC015817 and has been in operation for over five decades in the steel industry.

Compliance Implications

By declaring its non-applicability under the Large Corporate framework, Prabhu Steel Industries Limited has clarified that it is not required to comply with the specific disclosure and compliance requirements mandated for Large Corporates under the referenced SEBI circulars. This declaration ensures regulatory clarity regarding the company's compliance obligations related to debt securities issuance and associated disclosures.

Prabhu Steel Industries Limited has filed its quarterly compliance certificate under SEBI regulations, reporting no dematerialization activity during the quarter ended March 31, 2026. The steel manufacturing company, established in 1972 and headquartered in Nagpur, Maharashtra, submitted the mandatory regulatory filing to stock exchanges on April 8, 2026.

Regulatory Compliance Filing

The company submitted its certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 to both BSE Limited and The Calcutta Stock Exchange Association Limited. This quarterly filing is mandatory for all listed companies to report their dematerialization activities and maintain transparency in share transfer processes.

Dematerialization Activity Report

Satellite Corporate Services Pvt. Ltd., serving as the company's registrar and share transfer agent, confirmed that no physical share certificates were received for dematerialization during the quarter ended March 31, 2026. The registrar issued its confirmation certificate on April 6, 2026, which was subsequently forwarded to the stock exchanges by the company management.

The certificate confirms compliance with standard dematerialization procedures, including:

• Verification that securities are listed on stock exchanges
• Proper mutilation and cancellation of physical certificates when received
• Substitution of depository name in records as registered owner

Company Leadership

The regulatory filing was signed by Mr. Dinesh Agrawal, Managing Director of Prabhu Steel Industries Limited, bearing DIN 00291086. The digital signature was authenticated on April 8, 2026, ensuring proper authorization and compliance with corporate governance requirements.

About the Registrar

Satellite Corporate Services Pvt. Ltd., a Category-I Registrar to an Issue & Share Transfer Agent with registration number INR000003639, handles the company's share transfer and dematerialization processes. The Mumbai-based registrar maintains the company's shareholder records and facilitates the conversion of physical shares to electronic format when requested by investors.

This quarterly nil reporting demonstrates the company's commitment to regulatory compliance and transparent disclosure practices, even when no material dematerialization activity occurs during the reporting period.