Scan steels Limited has submitted its annual disclosure for Financial Year 2025-26 to BSE Limited on April 10, 2026, in compliance with SEBI regulations governing fund raising by large entities through debt securities. The company had previously confirmed its non-Large Corporate status under the Securities and Exchange Board of India (SEBI) framework as on March 31, 2026.

Annual Disclosure Filing Details

The annual disclosure was filed pursuant to SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018 and SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023. The filing was signed by Prabir Kumar Das, Company Secretary and Compliance Officer, and Kalyan Kiran Mishra, Chief Financial Officer.

Financial Year 2025-26 Borrowing Details

According to the annual disclosure, Scan Steels Limited reported no incremental borrowing activities during FY 2025-26. The company's disclosure indicates that all mandatory borrowing requirements and penalty provisions are marked as "NOT APPLICABLE" for the financial year.

Regulatory Compliance Framework

The disclosure was made in accordance with SEBI regulations that establish criteria for identifying Large Corporates and mandate specific fund-raising requirements through debt securities. Companies classified as Large Corporates must meet stringent disclosure and compliance obligations, including mandatory borrowing through debt markets. The framework requires entities to file annual disclosures within 45 days of the financial year end.

Previous Financial Standing

As per the company's earlier disclosure, Scan Steels Limited had reported outstanding borrowings of INR 72.97 crore as on March 31, 2026, with credit ratings of CRISIL BBB+/Stable for long-term and CRISIL A2+ for short-term obligations from CRISIL Ratings Limited. The company confirmed that it does not meet the criteria prescribed under section 2.2 of the SEBI Circular dated November 26, 2018 for Large Corporate classification.

Corporate Information

Scan Steels Limited operates with CIN L27209MH1994PLC076015 and maintains its registered office at Office No. 104, 105, E-Square, Subhash Road, Vile Parle (East), Mumbai-400057, while its corporate office is located at Trishna Nirmalya, Plot No. 516/1723/3991, 3rd Floor, Patia, Bhubaneswar-751024. The annual disclosure ensures continued compliance with stock exchange listing requirements and maintains transparency with regulatory authorities and stakeholders.

Scan Steels Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI's depositories regulations for the quarter ended March 31, 2026.

Regulatory Filing Details

The company filed the certificate on April 8, 2026, addressing compliance with Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. Company Secretary and Compliance Officer Prabir Kumar Das (Membership No: F6333) signed and submitted the documentation to BSE Limited.

Registrar Confirmation Certificate

Adroit Corporate Services Pvt. Ltd., serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate dated April 1, 2026. The registrar confirmed that all securities received from depository participants for dematerialisation during the quarter ended March 31, 2026, were properly processed and confirmed to the depositories.

The certificate validates several key compliance aspects:

• Securities received for dematerialisation were confirmed (accepted/rejected) to depositories
• All securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialisation were mutilated and cancelled after due verification
• Depositories' names were substituted in the register of members as registered owners within 15 days

Corporate Information

Scan Steels Limited operates with CIN L27209MH1994PLC076015 and maintains its registered office at Office No. 104, 105, E-Square, Subhash Road, Vile Parle (East), Mumbai-400057. The company's corporate office is located at Trishna Nirmalya, Plot No. 516/1723/3991, 3rd Floor, Pati, Bhubaneswar-751024.

Regulatory Distribution

The compliance certificate was also copied to both major depositories in India - National Securities Depository Limited (NSDL) at Bandra Kurla Complex and Central Depository Services (India) Ltd. (CDSL) at Lower Parel, Mumbai, ensuring comprehensive regulatory notification across the securities infrastructure ecosystem.