SH Kelkar and Company Limited Files Initial Disclosure for FY 2026-27 Debt Securities Framework
SH Kelkar and Company Limited has submitted its mandatory initial disclosure for FY 2026-27 under SEBI's debt securities framework, confirming it does not qualify as a Large Corporate. The company reported outstanding borrowings of Rs 222.70 crore as of March 31, 2026, and maintains a CRISIL AA- (Stable) credit rating.

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SH Kelkar & Company Limited has filed its initial disclosure for FY 2026-27 under the SEBI framework governing fund raising through debt securities by large corporates. The submission, made on April 06, 2026, clarifies the company's status under the regulatory requirements established by SEBI's operational circulars.
Regulatory Compliance Status
The company has formally confirmed that it does not qualify as a Large Corporate under Chapter XII of SEBI Operational Circular SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, as amended, read with SEBI Circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023. This classification determines the company's obligations regarding debt securities issuance and associated regulatory requirements.
Financial Position and Credit Rating
The disclosure provides key financial metrics and credit assessment details for the company as of March 31, 2026:
| Parameter | Details |
|---|---|
| Outstanding Borrowings (March 31, 2026) | Rs 222.70 crore |
| Credit Rating | CRISIL AA- (Stable) |
| Credit Rating Agency | CRISIL Ratings Limited |
| Stock Exchange Fine Applicability | Not Applicable |
Corporate Information
SH Kelkar and Company Limited operates under CIN L74999MH1955PLC009593 and trades on stock exchanges with scrip code 539450 and symbol SHK. The company's registered office is located at Devkaran Mansion, 36, Mangaldas Road, Mumbai - 400 002, while its corporate office is situated at Lal Bahadur Shastri Marg, Mulund (West), Mumbai - 400 080.
Disclosure Framework
The SEBI framework requires companies to make annual disclosures regarding their status as Large Corporates for debt securities issuance purposes. This regulatory mechanism ensures transparency in corporate borrowing patterns and helps maintain market oversight. Companies that do not meet the Large Corporate criteria are exempt from certain additional compliance requirements under the framework.
The disclosure was signed by Deepti Chandratre, Global Legal Council and Company Secretary, confirming the company's compliance with the mandatory reporting requirements for FY 2026-27.
Historical Stock Returns for SH Kelkar & Company
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.58% | -1.31% | +17.40% | -37.62% | -31.75% | +10.44% |
Will SH Kelkar's strong CRISIL AA- rating enable the company to secure more favorable debt terms for future expansion plans?
How might changes in SEBI's Large Corporate classification thresholds impact SH Kelkar's regulatory obligations in upcoming fiscal years?
What strategic investments or acquisitions could SH Kelkar pursue given its current borrowing capacity and credit profile?


































