Saboo Sodium Chloro Limited has formally notified BSE Limited regarding its classification status under SEBI regulations. The company has confirmed that it does not qualify as a 'Large Corporate' entity as per the Securities and Exchange Board of India guidelines.

Regulatory Compliance Declaration

In a communication dated April 6, 2026, the company addressed BSE Limited to clarify its corporate classification status. The declaration specifically pertains to SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, which deals with fund raising by issuance of debt securities by large entities.

Corporate Leadership

The formal confirmation was signed by Girdhar Saboo, Managing Director of the company, bearing DIN: 00364750. The digital signature was applied on April 6, 2026, at 13:48:35 +05'30', ensuring the authenticity and timeliness of the regulatory communication.

SEBI Circular Context

The referenced SEBI circular addresses regulations concerning fund raising through debt securities issuance by large corporate entities. Companies are required to assess and declare their classification status based on specific criteria outlined in the circular. This ensures appropriate regulatory oversight and compliance measures are applied based on the entity's size and operational scale.

The company's proactive communication to BSE demonstrates its commitment to maintaining transparency and regulatory compliance in its corporate governance practices.

Saboo Sodium Chloro Limited announced that its Board of Directors has approved a significant investment in its wholly owned subsidiary through a rights issue subscription. The decision was made during a board meeting held on March 25, 2026, at the company's registered office in Jaipur, with Managing Director Girdhar Saboo presiding over the proceedings.

Board Meeting Outcome

The board meeting was conducted at L-5, B-II, Krishna Marg, C-Scheme Jaipur, Rajasthan, commencing at 03:00 P.M. and concluding at 03:30 P.M. The board approved the subscription to equity shares proposed to be issued by way of Rights Issue by Samskara Resorts Private Limited, the company's wholly owned subsidiary.

Investment Details

The company will subscribe to its complete 100% entitlement in the rights issue of Samskara Resorts Private Limited. The key parameters of this investment decision are outlined below:

Strategic Investment Structure

Saboo Sodium Chloro Limited will maintain its complete ownership in Samskara Resorts Private Limited through this rights issue subscription. The investment will not exceed ₹3,80,00,000 and will be made on terms and conditions as offered by the wholly owned subsidiary. Since the company already holds 100% ownership in Samskara Resorts Private Limited, the shareholding percentage will remain unchanged after the subscription.

Regulatory Compliance and Documentation

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided detailed information as required under the SEBI Master Circular dated January 30, 2026, ensuring full transparency and regulatory compliance. Managing Director Girdhar Saboo (DIN: 00364750) digitally signed the board meeting outcome documents, reflecting the company's commitment to supporting its subsidiary's business operations and growth initiatives.