Rishabh Digha Steel & Allied Products Limited has officially declared to BSE that it does not fall under the Large Corporate Framework as specified in SEBI regulations. The company made this declaration in compliance with regulatory requirements regarding corporate classification and disclosure obligations.

Regulatory Framework Reference

The declaration was made with reference to specific SEBI circulars that govern Large Corporate entities and their compliance requirements. The company cited two key regulatory documents in its communication to the stock exchange.

Company's Declaration

Rishabh Digha Steel & Allied Products Limited formally stated that it does not meet the criteria to be classified as a "Large Corporate" under the framework provided in the aforementioned SEBI circulars. This classification is significant as it determines the company's regulatory obligations and disclosure requirements.

The company emphasized that since it does not qualify as a Large Corporate, it is not obligated to file any disclosures as per the said circular. This declaration helps clarify the company's regulatory status and compliance obligations to stakeholders and regulatory authorities.

Communication Details

The declaration was submitted to BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai. The communication was digitally signed by Managing Director Ashok Maganlal Mehta on April 07, 2026.

Regulatory Implications

This declaration serves to formally establish the company's position regarding SEBI's Large Corporate Framework. The framework typically applies to entities meeting specific financial thresholds and requires enhanced disclosure and compliance measures. By declaring non-applicability, the company has clarified its regulatory standing and informed the exchange that it will not be filing disclosures mandated specifically for Large Corporates under the referenced circulars.

Rishabh Digha Steel & Allied Products Limited conducted a separate meeting of independent directors on March 18, 2026, fulfilling its corporate governance obligations under regulatory requirements. The meeting represents a key component of the company's board evaluation and oversight framework.

Meeting Details and Duration

The independent directors' meeting was held on Wednesday, March 18, 2026, with specific timing parameters established for the proceedings. The session commenced at 03:00 P.M. and concluded at 03:40 P.M., spanning a total duration of 40 minutes.

Key Agenda Items and Evaluations

The independent directors addressed three critical areas of board governance and performance assessment during their meeting. These evaluations form part of the company's systematic approach to maintaining effective board oversight and governance standards.

The meeting agenda encompassed comprehensive performance reviews across multiple dimensions:

• Board Performance Review: Independent directors conducted a thorough evaluation of non-independent directors and assessed the overall performance of the board as a collective entity
• Chairperson Assessment: The directors reviewed the performance of the company's chairperson, incorporating perspectives and feedback from both executive directors and non-executive directors
• Information Flow Analysis: A detailed assessment was undertaken regarding the quality, quantity, and timeliness of information flow between company management and the board

Governance and Information Management

The evaluation of information flow between management and the board represents a crucial aspect of corporate governance. The independent directors specifically assessed whether the information provided enables the board to effectively and reasonably perform their fiduciary duties and oversight responsibilities.

This assessment ensures that board members receive adequate, timely, and relevant information necessary for informed decision-making and effective governance. The review process helps identify any gaps or improvements needed in the communication framework between management and the board.

Regulatory Compliance and Documentation

The meeting was conducted in accordance with regulatory requirements, with proper documentation and notification procedures followed. Jigar Rajendra Sheth, serving as Independent Director with DIN: 09152187, signed the official communication to BSE Limited regarding the meeting outcomes.

The company maintains its registered office at 1, Floor-GRD, Plot-514B, Amar Kunj, R P Masani Road, Road No 32 Khalsa Collage, Matunga, Mumbai -400019, with CIN: L15310MH1991PLC064563.