Premco Global Limited Confirms Non-Applicability of Large Corporate Status for FY26

1 min read     Updated on 17 Apr 2026, 12:56 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Premco Global Limited has disclosed to BSE that it does not fall under the Large Corporate category as per SEBI's regulatory framework for FY ended March 31, 2026. This means the company is exempt from initial and annual disclosure requirements mandated for Large Corporate entities under SEBI circulars related to debt securities fund raising. The formal communication was made on April 17, 2026, by Company Secretary Niharika Goyal.

powered bylight_fuzz_icon
37956364

*this image is generated using AI for illustrative purposes only.

Premco Global Limited has informed BSE that it does not qualify as a Large Corporate (LC) under SEBI's regulatory framework for the financial year ended March 31, 2026. The disclosure was made through a formal communication dated April 17, 2026, signed by Company Secretary and Compliance Officer Niharika Goyal.

Regulatory Framework and Compliance

The company's disclosure references multiple SEBI circulars that govern Large Corporate categorization and compliance requirements:

Regulation: Details
Primary Circular: SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023
Supporting Regulation: SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021 (Chapter XII)
Additional Reference: SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018

These regulations specifically address fund raising by issuance of debt securities by Large Corporates and the associated disclosure and compliance requirements for such entities.

Implications of Non-LC Status

By confirming its non-applicability to the Large Corporate category, Premco Global Limited is exempt from submitting initial and annual disclosures that are mandatory for Large Corporate entities. This classification is determined based on specific criteria outlined in SEBI's framework for identifying Large Corporates in the context of debt securities issuance.

Corporate Communication

The formal disclosure was addressed to the Manager of the Listing Department at BSE Limited, referencing the company's scrip code 530331. Company Secretary Niharika Goyal, holding membership number A77350, digitally signed the communication on April 17, 2026, ensuring proper authentication and compliance with regulatory requirements.

The company has requested BSE to take this disclosure on record, maintaining transparency in its regulatory compliance status and ensuring stakeholders are informed about its current classification under SEBI's Large Corporate framework.

Historical Stock Returns for Premco Global

1 Day5 Days1 Month6 Months1 Year5 Years
-0.24%+1.71%+1.71%+1.71%+1.71%+1.71%

What growth trajectory would Premco Global need to achieve to potentially qualify as a Large Corporate in future financial years?

How might this non-LC status impact Premco Global's ability to raise debt capital compared to Large Corporate entities?

Will Premco Global's exemption from LC disclosure requirements affect investor confidence or institutional investment interest?

Premco Global Ltd. Submits Compliance Certificate for Q4FY26 Under SEBI Regulations

1 min read     Updated on 07 Apr 2026, 11:33 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Premco Global Ltd. submitted its compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for Q4FY26 on April 07, 2026. The certificate, provided by registrar Bigshare Services Private Limited, confirms proper handling of securities dematerialization processes and compliance with regulatory requirements for the period ended March 31, 2026.

powered bylight_fuzz_icon
37130594

*this image is generated using AI for illustrative purposes only.

Premco Global Ltd. has submitted its compliance certificate under SEBI regulations for the quarter and financial year ended March 31, 2026. The company filed the mandatory certificate with BSE Limited on April 07, 2026, fulfilling its regulatory obligations under the Securities and Exchange Board of India framework.

Regulatory Compliance Submission

The compliance certificate was submitted under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. Company Secretary and Compliance Officer Niharika Goyal signed the submission letter, which was addressed to the Listing Department of BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai.

Parameter: Details
Regulation: SEBI (Depositories and Participants) Regulations, 2018 - Section 74(5)
Period Covered: Quarter and Financial Year ended March 31, 2026
Submission Date: April 07, 2026
Scrip Code: 530331

Registrar Confirmation

M/s. Bigshare Services Private Limited, serving as the company's Registrar and Share Transfer Agent, provided the compliance certificate dated April 06, 2026. The certificate confirms that securities received from depository participants for dematerialization up to March 31, 2026, were properly processed and confirmed to the depositories.

Bigshare Services confirmed several key compliance aspects in their certificate:

  • Securities received for dematerialization were accepted or rejected as appropriate
  • All securities comprised in the certificates have been listed on the stock exchange where earlier issued securities are listed
  • Security certificates received for dematerialization have been mutilated and cancelled after due verification
  • Names of depositories have been substituted in the register of members as registered owners within 15 days of receipt

Corporate Information

Premco Global Ltd. operates from Urmi Estate, Tower-A, 11th Floor, 95 Ganpatrao Kadam Marg, Lower Parel (West), Mumbai. The company holds ISO 9001:2015 certification and OEKO-TEX Standard 100 certification, indicating its commitment to quality management systems and textile safety standards. The company's CIN number is L18100MH1986PLC040911, reflecting its incorporation in Maharashtra in 1986.

Historical Stock Returns for Premco Global

1 Day5 Days1 Month6 Months1 Year5 Years
-0.24%+1.71%+1.71%+1.71%+1.71%+1.71%

Will Premco Global's consistent regulatory compliance improve its ESG ratings and attract institutional investors in the upcoming quarters?

How might the company's ISO 9001:2015 and OEKO-TEX certifications position it for expansion into new international textile markets?

What impact could potential changes to SEBI's depositories regulations have on Premco Global's compliance costs and operational procedures?

More News on Premco Global

1 Year Returns:+1.71%