Shanti Educational Initiatives Limited has notified the stock exchange of an upcoming board meeting, intimated on May 13, 2026, in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting of the Board of Directors is scheduled to be held on Thursday, May 21, 2026.

Board Meeting Agenda

The board meeting, designated as Meeting No. 01/FY 2026-27, has been convened to transact the following business:

Trading Window Closure

In accordance with Shanti Educational Initiatives' Code of Conduct for Prevention of Insider Trading, read with applicable provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended, the Trading Window for dealing in securities of the company shall remain closed and will re-open 48 hours after the declaration of the Financial Results. The closure of the Trading Window has been communicated to all Designated Persons covered under the Code.

The intimation was signed by Darshan Yogendrabhai Vayeda, Whole-time Director (DIN: 07788073), on behalf of Shanti Educational Initiatives Limited.

Shanti Educational Initiatives Limited has officially communicated to BSE Limited that it does not qualify as a Large Corporate under the criteria specified in SEBI circulars dated November 26, 2018, and October 19, 2023. The company has confirmed through a formal letter dated April 10, 2026, that the disclosure requirements under these regulatory frameworks are not applicable to its operations.

SEBI Large Corporate Criteria

The SEBI circulars establish specific criteria for Large Corporate classification, which companies must meet to fall under the enhanced disclosure requirements. The regulatory framework outlines three key conditions that entities must satisfy:

The borrowing criteria specifically excludes external commercial borrowings, inter-corporate borrowings involving holding, subsidiary, or associate companies, government grants and deposits, interest capitalization borrowings, and borrowings for merger and acquisition schemes.

Company's Regulatory Position

Shanti Educational Initiatives Limited has confirmed that it does not meet the Large Corporate criteria outlined in the SEBI circulars. Consequently, the company is exempt from filing initial disclosure and annual disclosure requirements as specified in Annexures A, B1, and B2 of the mentioned circulars.

The confirmation letter was signed by key executives, demonstrating the company's commitment to regulatory transparency:

Regulatory Compliance Implications

This formal confirmation provides clarity on the company's regulatory obligations and ensures proper compliance with SEBI requirements. By explicitly stating its non-applicability status, Shanti Educational Initiatives Limited has fulfilled its responsibility to inform the stock exchange about its regulatory position regarding the Large Corporate disclosure framework.

The communication serves as an official record for BSE Limited and demonstrates the company's proactive approach to regulatory compliance and transparency in corporate governance matters.