Suratwwala Business Group Limited Confirms Non-Large Corporate Status Under SEBI Debt Framework
Suratwwala Business Group Limited filed a regulatory disclosure pursuant to SEBI's debt securities framework, reporting outstanding borrowings of Rs. 76.28 crores as of March 31, 2026. The company confirmed it does not qualify as a Large Corporate under SEBI circular SEBI/HO/DDHS/CIR/P/2018/144, which governs fund raising through debt securities by large entities.

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Suratwwala business group Limited has submitted a regulatory disclosure to stock exchanges confirming its status under SEBI's debt securities framework for large entities. The disclosure, dated April 23, 2026, was made pursuant to SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018.
Key Financial Disclosure
The company provided essential financial and regulatory information as part of its compliance obligations under the SEBI framework:
| Particulars | Details |
|---|---|
| Company Name | Suratwwala Business Group Limited |
| CIN | L45200PN2008PLC131361 |
| Outstanding Borrowings (March 31, 2026) | Rs. 76.28 crores |
| Credit Rating | Not Available |
| Designated Stock Exchange for Fine Payment | BSE Limited |
Regulatory Status Confirmation
The company explicitly confirmed that it does not qualify as a "Large Corporate" under the applicability criteria specified in SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. This classification is significant as it determines the company's obligations under the SEBI framework for fund raising through debt securities.
Compliance Framework
The SEBI circular pertains to fund raising by issuance of debt securities by large entities and establishes specific disclosure requirements and compliance obligations. Companies falling under this framework must make periodic disclosures regarding their borrowing status and credit ratings.
Filing Details
The disclosure was signed by Pooja Thorave, Company Secretary & Compliance Officer (Membership No. A74339), and Manish Kasliwal, Chief Financial Officer, on behalf of Suratwwala Business Group Limited. The communication was addressed to both BSE Limited and National Stock Exchange of India Limited, where the company's shares are listed.
Will Suratwwala Business Group pursue obtaining a credit rating to enhance its debt market access and borrowing capabilities?
How might the company's borrowing levels change if it crosses the threshold to become classified as a 'Large Corporate' under SEBI regulations?
What are Suratwwala's plans for utilizing its current Rs. 76.28 crores in outstanding borrowings for business expansion or operations?































