Ratnabhumi Developers Limited Confirms Non-Large Corporate Status for Q4 FY26
Ratnabhumi Developers Limited has submitted a regulatory certificate to BSE confirming its non-large corporate status for Q4 FY26 ended 31st March, 2026. The certificate, signed by Chairman & Managing Director Kaivan Shah on 9th April, 2026, was issued pursuant to SEBI regulations governing fund raising through debt securities by large entities. The company formally confirmed it does not meet the criteria specified under SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 for large corporate classification.

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Ratnabhumi developers Limited has officially certified to BSE Limited that it does not qualify as a 'Large Corporate' under SEBI regulations for the quarter ended 31st March, 2026. The regulatory filing demonstrates the company's compliance with mandatory disclosure requirements under the depositories and participants regulations.
Regulatory Compliance Certificate
The certificate was issued pursuant to SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, and BSE Circular No. LIST/COMP/05/2019-20 dated April 11, 2019. These circulars specifically address fund raising by issuance of debt securities by large entities and establish the criteria for determining 'Large Corporate' status.
| Parameter: | Details |
|---|---|
| Certificate Date: | 9th April, 2026 |
| Quarter Ended: | 31st March, 2026 |
| Regulation: | SEBI (Depositories and Participants) Regulations, 2018 |
| Specific Provision: | Regulation 74(5) |
| Status Confirmed: | Non-Large Corporate |
Corporate Leadership and Authorization
The certificate was digitally signed by Kaivan Shah, who serves as Chairman & Managing Director of Ratnabhumi Developers Limited. Shah holds DIN 01887130 and provided the formal confirmation that the company does not fulfill the criteria specified in Para 2.2 of the referenced SEBI circular.
Company Information
Ratnabhumi Developers Limited operates from its registered office at Ratna Corporate House, Near Santoor Bungalows, Ambli Daskroi, Ahmedabad, Gujarat. The company maintains its corporate identification number as L45200GJ2006PLC048776 and can be contacted through official channels including email at cs@ratnacorp.com and phone at 87585 51175.
Regulatory Framework Context
The SEBI regulations require companies to periodically certify their status regarding the 'Large Corporate' classification. This classification impacts various regulatory requirements, particularly related to debt securities issuance and compliance obligations. Companies that do not meet the specified criteria must formally notify stock exchanges of their non-large corporate status through such certificates.
Historical Stock Returns for Ratnabhumi Developers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | -100.00% | -100.00% | -100.00% | -100.00% | -100.00% |
What growth trajectory would Ratnabhumi Developers need to achieve to potentially qualify as a 'Large Corporate' in future quarters?
How might the company's non-large corporate status affect its ability to raise capital through debt securities compared to larger competitors?
Will Ratnabhumi Developers face any regulatory advantages or disadvantages in upcoming real estate projects due to its current classification?






























