Sawaca Enterprises Limited Confirms Non-Applicability of SEBI Large Corporate Disclosure Requirements
Sawaca Enterprises Limited has informed BSE that it does not qualify as a Large Corporate entity under SEBI's October 19, 2023 circular regarding fund raising through debt securities. The company clarified that it is exempt from the initial and annual disclosure requirements mandated by SEBI circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172. This formal communication was made on April 7, 2026, and signed by Managing Director Shetal Shah, requesting BSE to record this compliance clarification.

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Sawaca enterprises Limited has officially communicated to BSE Limited that it does not fall under the Large Corporate category as per the Securities and Exchange Board of India (SEBI) framework, thereby exempting it from specific disclosure requirements related to fund raising through debt securities.
Regulatory Compliance Clarification
The company has formally disclosed its non-applicability status regarding SEBI circular reference number SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023. This circular pertains to fund raising by issue of debt securities by large entities and establishes specific disclosure requirements for companies falling under the Large Corporate category.
| Parameter | Details |
|---|---|
| Communication Date | April 7, 2026 |
| Regulatory Body | BSE Limited |
| SEBI Circular Reference | SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 |
| Circular Date | October 19, 2023 |
| Company Status | Not covered under Large Corporate category |
Disclosure Requirements Impact
Sawaca Enterprises Limited has clarified that since it does not meet the criteria for Large Corporate classification under the SEBI framework, the initial and annual disclosure requirements mandated by the circular do not apply to the company. This exemption relieves the company from compliance obligations specifically designed for larger corporate entities in the context of debt securities fund raising.
Official Communication Details
The disclosure was made through a formal letter addressed to BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai. The communication was digitally signed by Shetal Shah, Managing Director of Sawaca Enterprises Limited, bearing DIN 02148909. The company has requested BSE to take this information on record for regulatory compliance purposes.
Company Background
Sawaca Enterprises Limited, formerly known as Sawaca Business Machines Limited, operates with its registered office located at 45, Chinubhai Tower, opposite Handloom House, Ashram Road, Ahmedabad. The company holds CIN number L74110GJ1994PLC023926 and maintains its corporate communications through established channels including email and website platforms.
Historical Stock Returns for Sawaca Enterprises
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.88% | 0.0% | +8.33% | -7.14% | -30.36% | +160.00% |
What are Sawaca Enterprises' current debt financing plans and how might this exemption influence their capital raising strategy?
Could Sawaca Enterprises potentially grow to meet Large Corporate criteria in the future, and what would trigger such reclassification?
How might this regulatory exemption provide Sawaca Enterprises with a competitive advantage over larger peers in debt market access?





























