Sai Capital Limited Confirms Non-Large Corporate Status Under SEBI Debt Securities Framework

1 min read     Updated on 13 Apr 2026, 06:05 PM
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AI Summary

Sai Capital Limited has confirmed to BSE Limited that it does not fall under the Large Corporate category per SEBI's debt securities framework. The company reported outstanding borrowings of Rs. 4.99 crores as of March 31, 2026, placing it below the Large Corporate threshold. This regulatory compliance declaration was submitted on April 13, 2026, in accordance with multiple SEBI circulars governing debt securities issuance and disclosure requirements.

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Sai Capital Limited has formally notified BSE Limited that it does not qualify as a Large Corporate under the SEBI framework governing debt securities issuance by large corporates. The confirmation was submitted on April 13, 2026, in compliance with regulatory disclosure requirements.

Regulatory Compliance Declaration

The company's declaration references multiple SEBI circulars, including SEBI/HO/DDHS/CIR/P/2018/144 dated November 16, 2018, SEBI/HO/DDHS/P/CIR/2021/613 dated April 13, 2022, and SEBI Circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023. These circulars establish the framework for fund raising through debt securities by Large Corporates and mandate specific disclosures.

Financial Position Details

Sai Capital Limited provided comprehensive details regarding its financial standing and regulatory compliance status:

Parameter Details
Company Name M/s. Sai Capital Limited
CIN L74110DL1995PLC069787
Outstanding Borrowing (March 31, 2026) Rs. 4.99 Crores
Credit Rating Status Not Applicable
Designated Stock Exchange BSE Limited

Key Confirmation

The company explicitly confirmed that it does NOT qualify as a Large Corporate under the applicability criteria specified in SEBI Circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023. This confirmation indicates that Sai Capital Limited's financial parameters fall below the thresholds that would classify it as a Large Corporate under the regulatory framework.

Authorization and Documentation

The declaration was duly authorized by key company officials, with Dr. Niraj Kumar Singh, Chairman and Managing Director, signing the primary communication. Additional authorization came from Karan Mehra, Company Secretary & Compliance Officer, and Ankur Rawat, Non-Executive Director & Chief Financial Officer, who jointly signed the detailed annexure containing the company's financial particulars.

Historical Stock Returns for Sai Capital

1 Day5 Days1 Month6 Months1 Year5 Years
+3.80%+13.69%+7.40%-28.05%-31.94%+870.41%

What are Sai Capital's plans for scaling operations to potentially reach Large Corporate status in the future?

How might this non-Large Corporate status affect Sai Capital's access to debt capital markets and funding costs?

Will Sai Capital explore alternative financing mechanisms given its exclusion from the Large Corporate debt securities framework?

Sai Capital Limited Reports Company Secretary Resignation at Material Subsidiary Butterfly Ayurveda

1 min read     Updated on 10 Apr 2026, 12:25 AM
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AI Summary

Sai Capital Limited has reported the resignation of Mr. Sachin Chauhan as Company Secretary of its material subsidiary Butterfly Ayurveda Private Limited, effective April 09, 2026. The resignation was submitted to pursue better career opportunities and will be subject to Board confirmation at the subsidiary's upcoming meeting. The company has fulfilled its disclosure obligations under SEBI Listing Regulations.

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Sai Capital Limited has notified BSE about a key personnel change at its material subsidiary, with the resignation of the Company Secretary from Butterfly Ayurveda Private Limited. The development was communicated to the exchange on April 09, 2026, in compliance with regulatory disclosure requirements.

Company Secretary Resignation Details

Mr. Sachin Chauhan, who served as Company Secretary of Butterfly Ayurveda Private Limited, has tendered his resignation to pursue better career growth and opportunities. The resignation letter was submitted on April 09, 2026, and will be placed before the Board of Directors of the material subsidiary at their upcoming meeting for consideration and appropriate action.

Parameter: Details
Name: Mr. Sachin Chauhan
Position: Company Secretary
Company: Butterfly Ayurveda Private Limited
Resignation Date: April 09, 2026
Reason: Better career growth and opportunities
ACS Membership: 75803

Regulatory Compliance

The intimation was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Sai Capital Limited provided comprehensive details as required under the listing regulations, including the reason for cessation and confirmation that the resignation will be subject to Board approval.

About the Subsidiary

Butterfly Ayurveda Private Limited operates as a material subsidiary of Sai Capital Limited. The company is located at Flat No. 1, Guru Nanak Colony (Hemkunt Colony), Greater Kailash – I, New Delhi – 110048. The resignation will require the subsidiary to file necessary forms with the Office of Registrar of Companies, NCT of Delhi and Haryana.

Next Steps

The cessation of Mr. Chauhan's role as Company Secretary will be subject to confirmation by the Board of Directors of Butterfly Ayurveda Private Limited at their upcoming meeting. The company will need to arrange for the submission of necessary regulatory forms following the Board's decision on the resignation.

Historical Stock Returns for Sai Capital

1 Day5 Days1 Month6 Months1 Year5 Years
+3.80%+13.69%+7.40%-28.05%-31.94%+870.41%

How quickly will Butterfly Ayurveda identify and appoint a replacement Company Secretary to ensure regulatory compliance continuity?

Could this resignation signal broader organizational changes or restructuring within Sai Capital's subsidiary operations?

What impact might the temporary absence of a Company Secretary have on Butterfly Ayurveda's upcoming board decisions and regulatory filings?

More News on Sai Capital

1 Year Returns:-31.94%