Shubham Polyspin Limited has formally confirmed to BSE Limited that it does not meet the criteria for Large Corporate classification, making certain SEBI debt securities regulations non-applicable to the company. The disclosure was made on April 2, 2026, pursuant to regulatory compliance requirements under SEBI's fund raising framework.

Regulatory Compliance Disclosure

The company submitted its non-applicability confirmation addressing SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. This circular relates to fund raising by issuance of debt securities by large entities and establishes specific disclosure requirements for companies meeting certain criteria.

Company Classification Status

Shubham Polyspin Limited confirmed that as of March 31, 2026, it does not fall under the criteria of Large Corporate as defined in the SEBI circular. This classification determines whether companies must comply with specific initial disclosure requirements when raising funds through debt securities issuance.

The non-applicability status means the company is not required to make initial disclosures under the referenced SEBI framework for debt securities fund raising. This regulatory clarification provides transparency regarding the company's compliance obligations under current securities regulations.

Corporate Details and Authorization

The disclosure was authorized and signed by Ankit Anil Somani, Managing Director (DIN: 05211800) of Shubham Polyspin Limited. The formal communication was addressed to BSE Limited at Phiroze Jeejeebhoy Towers, Mumbai, ensuring proper regulatory notification through established stock exchange channels.

This compliance disclosure reflects the company's adherence to SEBI's regulatory framework while confirming its current status regarding debt securities fund raising requirements. The notification ensures transparency with market participants and regulatory authorities regarding applicable compliance obligations.

Shubham Polyspin Limited has received a regulatory disclosure from promoter Akshay Anil Somani regarding the reduction of his shareholding in the company. The transaction involved the sale of equity shares through open market operations conducted on March 30, 2026.

Transaction Details

The disclosure filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, reveals that Akshay Anil Somani disposed of 40,246 equity shares through open market sale on March 30, 2026.

Shareholding Structure

Prior to this transaction, Akshay Anil Somani held 15,51,000 equity shares, representing 12.79% of the total share capital and voting rights. The sale of 40,246 shares reduced his holding to 15,10,754 equity shares, equivalent to 12.46% of the company's equity share capital.

Company Share Capital

Shubham Polyspin Limited's total equity share capital remains unchanged at 1,21,22,000 equity shares both before and after the transaction. The company's shares are listed on BSE Limited under the code 542019.

Promoter Group Holdings

According to the disclosure, following this share sale, the combined promoter and promoter group shareholding in Shubham Polyspin Limited stands at 82,49,352 equity shares, representing 68.05% of the total voting rights in the company.

Regulatory Compliance

The disclosure was signed digitally by Akshay Anil Somani in his capacity as promoter and filed from Ahmedabad on April 1, 2026. The transaction represents a routine compliance filing under SEBI regulations for substantial shareholding changes by promoters and persons acting in concert.