Sungold Capital Limited has issued an official undertaking to BSE Limited confirming that the company does not fall under the Large Corporate criteria as defined by SEBI regulations. The communication, dated April 10, 2026, addresses compliance requirements related to debt securities issuance.

Regulatory Compliance Communication

The company's notification references SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, which pertains to "Fund raising by issuance of Debt Securities by Large Entities." This circular establishes specific criteria and disclosure requirements for companies classified as Large Corporates.

Exemption from Disclosure Requirements

Sungold Capital Limited has confirmed that it does not meet the Large Corporate criteria established in the referenced SEBI circular. Consequently, the company is not required to submit the specific disclosures mandated for Large Corporates under this regulatory framework. This exemption relates to requirements for fund raising through debt securities issuance.

Official Authorization

The undertaking was formally signed by Shruti Asati, who serves as the Company Secretary and Compliance Officer. The document bears her digital signature dated April 10, 2026, and includes her membership number A63929. The communication was addressed to the Manager of the Listing Department at BSE Limited's Mumbai office.

Corporate Governance

This notification demonstrates the company's commitment to regulatory compliance and transparent communication with stock exchange authorities. By proactively clarifying its status regarding SEBI's Large Corporate criteria, Sungold Capital Limited ensures proper adherence to applicable disclosure norms and maintains regulatory compliance standards.

Sungold Capital Limited has formally communicated to BSE Limited regarding its exemption from SEBI's Large Corporate Entity classification requirements for the upcoming financial year 2026-27. The company submitted its notification on April 10, 2026, confirming its non-applicability status under the relevant SEBI circular.

Regulatory Compliance Status

The company has confirmed that it does not meet the criteria for Large Corporate Entity classification as outlined in SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. This determination was made based on the framework and applicability criteria specified in clause 2.2 of the circular, assessed as on March 31, 2026.

Exemption from Disclosure Requirements

Due to its non-classification as a Large Corporate Entity, Sungold Capital Limited is exempt from filing the Initial Disclosure requirements as mandated by the SEBI circular for the beginning of financial year 2026-27. This exemption relates specifically to fund raising by issuance of debt securities by large corporates, as outlined in the circular's scope.

Corporate Communication Details

The formal notification was submitted to the Department of Corporate Services at BSE Limited, located at Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai. The communication was digitally signed by Shruti Asati, who serves as the Company Secretary and Compliance Officer with membership number A63929.

This regulatory compliance update ensures transparency with stakeholders and maintains the company's adherence to SEBI's disclosure requirements while confirming its current exemption status from specific large corporate entity obligations.