NewsSMT Engineering Limited Files Non-Applicability Disclosure for SEBI Large Entity Debt Securities Circular for FY25SMT Engineering Limited Files Non-Applicability Disclosure for SEBI Large Entity Debt Securities Circular for FY25
SMT Engineering Limited filed a disclosure with BSE Limited on April 17, 2026, confirming that it does not qualify as a Large Corporate under SEBI circulars governing debt securities issuance. The company is therefore exempt from filing mandatory initial and annual disclosures under the specified SEBI framework for the financial year ended March 31, 2025.
*this image is generated using AI for illustrative purposes only.
SMT Engineering Limited has submitted a regulatory disclosure to BSE Limited confirming its non-applicability status under SEBI circulars governing debt securities issuance by large entities for the financial year 2025.
Regulatory Disclosure Details
The company filed the disclosure on April 17, 2026, addressing its compliance status with respect to SEBI's framework for large corporate debt securities issuance. The disclosure specifically references three key SEBI circulars that establish the regulatory framework for large entities seeking to raise funds through debt securities.
| Parameter: | Details |
|---|---|
| Filing Date: | April 17, 2026 |
| Period Covered: | Financial Year ended March 31, 2025 |
| Regulatory Status: | Non-applicable (Not a Large Corporate) |
| Exchange: | BSE Limited |
| Scrip Code: | 538563 |
SEBI Circular Framework
The disclosure references three specific SEBI circulars that govern fund raising by large entities through debt securities issuance:
- SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018
- SEBI Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021 (updated April 13, 2022)
- SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPODI/P/CIR/2023/172 dated October 19, 2023
These circulars establish compliance requirements and disclosure obligations for entities classified as Large Corporates when raising funds through debt securities.
Compliance Implications
Since SMT Engineering Limited does not meet the criteria for classification as a Large Corporate under the aforementioned SEBI circulars, the company is exempt from filing mandatory disclosures. Specifically, the company is not required to submit:
- Initial Disclosure in 'Annex - XII-A'
- Annual Disclosure in 'Annex - XII-B1/B2'
This exemption applies for the financial year ended March 31, 2025, based on the company's assessment of its status as of March 31, 2026.
Corporate Information
SMT Engineering Limited, formerly known as Adarsh Mercantile Limited, operates with Corporate Identity Number L33120MP1992PLC080093. The company's registered office is located at Plot No. 23d 'Sector A' Sanwer Road Industrial Area, Near Parle G Biscuit Factory, Indore 452015, Madhya Pradesh.
The disclosure was signed by Ajay Jaiswal, Managing Director and CFO (DIN: 01754887), and Mohd Shanawaz Shekh, Company Secretary & Compliance Officer, both providing digital signatures for the regulatory filing.
Historical Stock Returns for SMT Engineering
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.71% | +2.57% | -13.09% | +432.82% | +3,323.50% | +6,318.38% |
What revenue or asset thresholds would SMT Engineering Limited need to cross to become classified as a Large Corporate under SEBI regulations?
How might SMT Engineering's funding strategy change if it grows large enough to fall under these mandatory debt disclosure requirements?
Will SEBI's evolving regulatory framework for large corporates impact mid-sized companies like SMT Engineering in future years?
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