Star Paper Mills Limited has officially communicated to stock exchanges that it does not fall under the Large Corporate category as defined by SEBI's regulatory framework for the financial year ending March 31, 2026.

Regulatory Compliance Disclosure

The company submitted a formal disclosure to both the National Stock Exchange of India Limited and BSE Limited on April 9, 2026, clarifying its status under SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. This circular pertains to fund raising by issuance of debt securities by Large Corporates and the associated annual disclosures and compliance requirements.

Financial Position

A key highlight of the disclosure is the company's debt-free status. Star Paper Mills Limited reported zero borrowings as of March 31, 2026, which significantly impacts its classification under the Large Corporate framework.

Stock Exchange Communication

The formal communication was signed by Company Secretary Saurabh Arora and submitted to both major Indian stock exchanges where the company's shares are listed. The disclosure ensures transparency regarding the company's regulatory compliance status and helps investors understand the applicable framework for the entity.

This announcement provides clarity to stakeholders about Star Paper Mills Limited's current financial structure and regulatory obligations, particularly emphasizing its debt-free operational model as of the latest financial year end.

Star Paper Mills Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories & Participants) Regulations 2018 for the quarter ended March 31, 2026. The submission was made to both the National Stock Exchange of India Limited and BSE Limited, where the company's shares are listed.

Certificate Details

The certificate was issued by KFin Technologies Limited, serving as the Registrar to an Issue and Share Transfer Agent for Star Paper Mills Limited. The document confirms that all required details of securities dematerialized and rematerialized during the specified period have been properly furnished to the relevant stock exchanges.

Stock Exchange Communications

Star Paper Mills submitted the certificate to both major Indian stock exchanges where its shares are traded. The company secretary, Saurabh Arora, signed the covering letter addressed to the exchanges, requesting acknowledgment of receipt.

Regulatory Compliance

The certificate represents mandatory compliance with SEBI regulations governing depositories and participants. KFin Technologies Limited, through Deputy Vice President Ganesh Chandra Patro, certified that the company has fulfilled its obligations under Regulation 74(5) for the quarter ended March 31, 2026.

The certificates were separately issued to both Central Depository Services (India) Limited and National Securities Depository Limited, the two main depositories in India. This dual submission ensures comprehensive compliance with depository regulations across both major clearing and settlement systems.

Company Information

Star Paper Mills Limited operates from Saharanpur, Uttar Pradesh, with its corporate identification number L21011WB1936PLC008726. The company maintains its registered office in Kolkata and conducts regular compliance activities through its designated RTA, KFin Technologies Limited, which operates from multiple locations including Hyderabad and Mumbai.