Supershakti Metaliks Limited Confirms Non-Classification as Large Corporate Under SEBI Framework for FY2025-26

1 min read     Updated on 02 Apr 2026, 01:20 PM
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Supershakti Metaliks Limited filed annual disclosure with BSE confirming non-classification as Large Corporate under SEBI debt securities framework for FY2025-26. The company reported nil incremental borrowing, no mandatory debt securities requirements, and no applicable penalties, demonstrating compliance with regulatory transparency requirements while maintaining its status outside the Large Corporate framework.

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Supershakti Metaliks Limited has submitted its annual regulatory disclosure to BSE confirming that the company does not qualify as a Large Corporate under SEBI's debt securities framework for FY2025-26. The disclosure was filed on April 2, 2026, as part of mandatory compliance requirements for listed entities.

Regulatory Compliance Framework

The filing was made pursuant to three key SEBI circulars addressing fund raising by large entities through debt securities. These include Circular No. SEBI/HO/DDHS CIR/P/20181144 dated November 26, 2018, Circular no. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, and Circular no. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/049 dated March 31, 2023. The company explicitly confirmed it does not fall under the Large Corporate category as defined under Clause 2.2 of the regulatory framework.

Financial Position and Borrowing Details

The company's Annexure B2 disclosure reveals a clear financial position regarding debt securities and borrowing requirements for FY2025-26:

Parameter Amount (₹ Crore)
Incremental borrowing in FY2025-26 NIL
Mandatory debt securities borrowing NIL
Actual debt securities borrowing NIL
Shortfall carried forward from FY2024-25 NIL
Shortfall for FY2025-26 NIL

Penalty and Previous Block Details

The disclosure also addressed penalty provisions related to previous block periods. The company reported that no penalties are applicable, with the three-year block period marked as "Not Applicable" and the fine amount calculated at 0.2% of shortfall also listed as "Not Applicable."

Corporate Authorization

The filing was authorized by key company officials including Navin Agarwal, Company Secretary & Compliance Officer (Membership No. 17290), and Shyam Sundar Somani, Chief Financial Officer. The document bears the official company stamp and signatures, confirming its authenticity and regulatory compliance.

The disclosure demonstrates Supershakti Metaliks Limited's adherence to SEBI's transparency requirements while confirming its current status outside the Large Corporate classification framework for the specified financial year.

Historical Stock Returns for Supershakti Metaliks

1 Day5 Days1 Month6 Months1 Year5 Years
-100.00%-100.00%-100.00%-100.00%-100.00%-100.00%

What revenue or asset thresholds would Supershakti Metaliks need to cross to qualify as a Large Corporate under SEBI's framework in future years?

How might the company's growth strategy be affected by its current exemption from mandatory debt securities borrowing requirements?

Will Supershakti Metaliks consider voluntary debt securities issuance despite not being mandated to do so for capital expansion?

Supershakti Metaliks Declares Non-Applicability of SEBI Compliance Reports for SME Listed Entity

1 min read     Updated on 02 Apr 2026, 12:59 PM
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Supershakti Metaliks Limited has declared to BSE the non-applicability of Annual Secretarial Compliance Report under Regulation 24A and Corporate Governance Report under Regulation 27, citing its status as SME listed entity. The company is exempt from multiple SEBI regulations including Regulations 17-27 and specific clauses under regulation 46 and Schedule V as per Regulation 15(2). The declaration was submitted on 02-April, 2026, by Company Secretary Navin Agarwal to ensure proper documentation of compliance exemptions.

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Supershakti metaliks Limited has formally communicated to BSE regarding the non-applicability of certain SEBI compliance requirements for SME listed entities. The company submitted its declaration on 02-April, 2026, clarifying its regulatory compliance obligations as an entity listed on the SME platform.

Regulatory Exemptions for SME Listed Entities

The company has declared that it is exempt from compliance with Annual Secretarial Compliance Report under Regulation 24A and Corporate Governance Report under Regulation 27 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. This exemption is based on Regulation 15(2) of the same regulations, which provides specific relief to SME listed entities.

Exemption Details: Specifications
Regulation 24A: Annual Secretarial Compliance Report
Regulation 27: Corporate Governance Report
Legal Basis: SEBI Regulation 15(2)
Reference Circular: CIR/CFD/CMDI/27/2019 dated February 08, 2019

Comprehensive SEBI Regulation Exemptions

As per Regulation 15(2), SME listed entities are exempt from compliance with multiple SEBI regulations. The comprehensive list of non-applicable regulations includes Regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 27 and clauses (b) to (i) and (t) of sub-regulation (2) of regulation 46 and para C, D and E of Schedule V.

Company Information and Communication

The declaration was signed by Navin Agarwal, Company Secretary & Compliance Officer (Membership No.: 17290), on behalf of Supershakti Metaliks Limited. The company's registered office is located at 'PREMLATA', 39, Shakespeare Sarani, 2nd Floor, Kolkata - 700 017, West Bengal.

Company Details: Information
Scrip Code: 541701
Script ID: SUPERSHAKT
Exchange: BSE SME Platform
Registered Office: Kolkata, West Bengal

The company has requested BSE to take this declaration on record, ensuring proper documentation of its compliance status as an SME listed entity. This formal communication helps maintain transparency regarding the company's regulatory obligations and exemptions under SEBI guidelines for SME platform listed companies.

Historical Stock Returns for Supershakti Metaliks

1 Day5 Days1 Month6 Months1 Year5 Years
-100.00%-100.00%-100.00%-100.00%-100.00%-100.00%

Will SEBI consider tightening compliance requirements for SME listed entities in response to growing market participation and investor protection concerns?

How might Supershakti Metaliks' reduced compliance burden impact its operational costs and competitiveness compared to mainboard listed peers?

Could the company's SME status and regulatory exemptions influence its timeline for potential graduation to the main board?

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1 Year Returns:-100.00%