Sunil Agro Foods Limited Reports Non-Applicability of Large Corporate Status
Sunil Agro Foods Limited has submitted an initial disclosure to BSE Limited confirming that it does not qualify as a Large Corporate as of March 31, 2026, under the criteria specified in SEBI Circular dated October 19, 2023. The disclosure was made pursuant to SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172, which outlines the framework for fund raising by issuance of debt securities by large corporates. The communication, addressed to the Listing Department of BSE Limited, references the company's scrip code 530953 and was signed by Priya Sharma, Company Secretary and Compliance Officer, on April 29, 2026.

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Sunil Agro Foods Limited has submitted an initial disclosure to BSE Limited confirming that it does not qualify as a Large Corporate as of March 31, 2026, under the criteria specified in clause 3.2 of SEBI Circular dated October 19, 2023. The disclosure was filed pursuant to SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172, which addresses the ease of doing business and development of corporate bond markets through a revised framework for fund raising by issuance of debt securities by large corporates.
The communication, addressed to the Listing Department of BSE Limited, references the company's scrip code 530953. The letter was submitted on April 29, 2026, and formally confirms that sunil agro foods does not meet the applicability criteria to be classified as a Large Corporate under the said SEBI Circular.
Key Disclosure Details
| Parameter | Details |
|---|---|
| Company | Sunil Agro Foods Limited |
| Scrip Code | 530953 |
| Reference Date | March 31, 2026 |
| SEBI Circular Reference | SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 |
| Circular Date | October 19, 2023 |
| Disclosure Date | April 29, 2026 |
| Status | Not a Large Corporate |
The SEBI Circular establishes specific criteria for identifying entities as Large Corporates, which impacts their ability to raise funds through the issuance of debt securities. The framework aims to streamline processes and develop corporate bond markets while ensuring appropriate regulatory oversight.
The disclosure was signed by Priya Sharma, Company Secretary and Compliance Officer of Sunil Agro Foods Limited, bearing membership number A75486. The document was digitally signed on April 29, 2026, at 09:47:08 IST, confirming the authenticity of the communication submitted to the stock exchange.
Sunil Agro Foods Limited maintains its corporate office at 1/104, Ahuja Chambers, Kumara Krupa Road, Bengaluru - 560001, and its factory and registered office at Plot 39/A2, Chokkahalli, Hosakote Industrial Area, Hosakote - 562114. The company's CIN number is L01111KA1988PLC008861.
Historical Stock Returns for Sunil Agro Foods
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.12% | -6.94% | +7.94% | -16.74% | -20.10% | +119.72% |
What growth trajectory would Sunil Agro Foods need to achieve to qualify as a Large Corporate under SEBI's framework in future assessments?
How might the company's non-Large Corporate status affect its access to debt capital markets and funding costs compared to larger competitors?
Will Sunil Agro Foods consider alternative financing strategies given its current exclusion from the revised debt securities framework for large corporates?




























