Shringar House of Mangalsutra Limited Files Initial Disclosure Confirming Non-Large Corporate Status
Shringar House of Mangalsutra Limited submitted initial regulatory disclosure to NSE and BSE confirming its non-Large Corporate status under SEBI framework. The company reported ₹2.50 crore outstanding long-term borrowings as on March 31, 2026, and confirmed exemption from mandatory debt securities borrowing requirements, providing greater financing flexibility while maintaining regulatory compliance.

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Shringar House of Mangalsutra Limited has submitted its initial regulatory disclosure to stock exchanges on April 06, 2026, confirming its non-qualification as a Large Corporate entity under SEBI's regulatory framework. The disclosure was filed with both NSE and BSE as part of mandatory compliance requirements under SEBI circular SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021.
Regulatory Compliance Framework
The company confirmed that it does not fall under the "Large Corporate" category as per SEBI circulars SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, and SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, along with their amendments. These circulars establish the framework for fund raising through debt securities by large entities.
The disclosure was digitally signed by Rachit S Sinha, Company Secretary and Compliance Officer (Membership No A64256), and Ritesh Doshi, Chief Financial Officer, ensuring proper authorization and regulatory compliance.
Financial Position Details
As part of the initial disclosure requirements, the company provided key financial information in the prescribed Annexure-A format:
| Particulars | Details |
|---|---|
| Company Name | Shringar House of Mangalsutra Limited |
| CIN | L36911MH2009PLC189306 |
| Outstanding Long-term Borrowing | ₹2.50 crore |
| Credit Rating | Not Applicable |
| Stock Exchange for Fine Payment | Not Applicable |
The outstanding long-term borrowing figure of ₹2.50 crore represents the company's position as on March 31, 2026, excluding External Commercial Borrowings (ECB).
Compliance Status Impact
The non-Large Corporate status exempts Shringar House of Mangalsutra Limited from specific borrowing requirements through debt securities under the SEBI framework. This classification provides the company with greater flexibility in its financing decisions while maintaining compliance with applicable regulatory requirements.
Company Information
Shringar House of Mangalsutra Limited operates with CIN L36911MH2009PLC189306 and was previously known as Shringar House of Mangalsutra Pvt. Ltd. The company maintains its registered office at B1, Jewel World, Cotton Exchange Building, Kalbadevi Road, Mumbai, with manufacturing facilities located at Government Industrial Estate, Kandivali West, Mumbai.
The initial disclosure filing ensures the company's continued compliance with SEBI's regulatory framework for corporate borrowing and maintains transparency with stock exchange stakeholders regarding its corporate classification status.
Will Shringar House of Mangalsutra Limited pursue debt market fundraising opportunities given its exemption from Large Corporate borrowing requirements?
How might the company's relatively low debt burden of ₹2.50 crore impact its expansion plans in the competitive jewelry market?
Could the company's non-Large Corporate status influence its ability to secure institutional investors or affect its credit rating prospects?
































