Shree Ram Twistex Limited Confirms Non-Large Corporate Status Under SEBI Guidelines
Shree Ram Twistex Limited has notified stock exchanges that it does not fall under the Large Corporate criteria as per SEBI circular dated November 26, 2018. The Gujarat-based cotton yarn manufacturer submitted this regulatory compliance confirmation on April 10, 2026, with digital authorization from Managing Director Bhaveshbhai Bhikhubhai Ramani.
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Shree Ram Twistex Limited has officially communicated to stock exchanges that it does not qualify as a "Large Corporate" under the Securities and Exchange Board of India (SEBI) guidelines. The Gujarat-based cotton yarn manufacturer submitted this confirmation to both BSE and NSE on April 10, 2026.
Regulatory Compliance Communication
The company's notification references SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, which addressed "Fund raising by issuance of Debt Securities by Large Entities." This original circular was subsequently superseded by Operational Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated April 10, 2021, and received further updates on April 13, 2022.
| Parameter: | Details |
|---|---|
| Communication Date: | April 10, 2026 |
| Status Confirmation Date: | March 31, 2026 |
| Regulatory Framework: | SEBI Large Corporate Guidelines |
| Company Classification: | Non-Large Corporate |
Company Information and Authorization
Shree Ram Twistex Limited operates from its factory and registered office located at Survey No. 566P1, behind Ramanath Temple, near Bajrang Cotspin, Umwada Road, near N.H. - 27, At. Gondal-360 311, Rajkot district, Gujarat. The company is engaged in the manufacturing of cotton yarn and maintains its corporate identification number as L17120GJ2013PLC078074. The company can be contacted at +91 75100 1200 and through email at cs@shreeramtwistex.com .
Management Confirmation
The regulatory communication was digitally signed and authorized by Bhaveshbhai Bhikhubhai Ramani, Managing Director of the company, holding DIN: 00534813. The digital signature was executed on April 10, 2026, at 14:52:21 +05'30', providing official authentication to the compliance notification.
Stock Exchange Details
The notification was simultaneously submitted to both major Indian stock exchanges where the company's securities are listed:
| Exchange: | Trading Details |
|---|---|
| BSE Limited: | Scrip Code 544716 |
| National Stock Exchange: | Symbol SRTL |
| ISIN: | INE19GK01015 |
This confirmation ensures that Shree Ram Twistex Limited remains compliant with SEBI's regulatory framework regarding corporate classification and associated compliance requirements for debt securities issuance by large entities.
Historical Stock Returns for Shree Ram Twistex
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.52% | +7.98% | -18.48% | -35.60% | -35.60% | -35.60% |
What are the potential advantages for Shree Ram Twistex in terms of reduced regulatory compliance costs now that it's classified as a non-large corporate?
How might this classification impact the company's future debt fundraising options and borrowing costs in the cotton yarn manufacturing sector?
Could this status change signal potential expansion opportunities for mid-sized textile manufacturers who face less stringent regulatory requirements?
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