Suratwwala Business Group Limited Confirms Non-Large Corporate Status Under SEBI Debt Framework

1 min read     Updated on 24 Apr 2026, 04:55 PM
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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?

Suratwwala Business Group Limited Files SEBI Compliance Certificate for Q4FY26

1 min read     Updated on 09 Apr 2026, 03:22 AM
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Suratwwala Business Group Limited filed its Q4FY26 compliance certificate under SEBI Depositories Participants Regulations on April 8, 2026. The certificate, issued by RTA MUFG Intime India Private Limited, confirmed no securities were received for dematerialization during the quarter ended March 31, 2026. Company Secretary Ms. Pooja Thorave executed the regulatory filing to BSE and NSE.

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Suratwwala business group Limited has filed its quarterly compliance certificate with stock exchanges for the fourth quarter ended March 31, 2026, in accordance with SEBI regulatory requirements. The filing demonstrates the company's adherence to mandatory disclosure norms under securities regulations.

Regulatory Compliance Filing

The company submitted the certificate under Regulation 74(5) of the SEBI (Depositories Participants) Regulations, 2018 to both BSE Limited and National Stock Exchange of India Limited on April 8, 2026. The filing was made through official communication reference number SBGL/Outward/2025-2026/31.

Filing Details: Information
Quarter: Q4FY26 (ended March 31, 2026)
Filing Date: April 8, 2026
Reference Number: SBGL/Outward/2025-2026/31
Regulation: SEBI (Depositories Participants) Regulations, 2018

RTA Confirmation Certificate

The compliance certificate was issued by MUFG Intime India Private Limited, the company's Registrar and Share Transfer Agent. The RTA confirmed that no securities were received for dematerialization during the quarter ended March 31, 2026. This confirmation was provided in a letter dated April 6, 2026, signed by Ashok Shetty, Vice President – Corporate Registry at MUFG Intime India Private Limited.

RTA Details: Information
Name: MUFG Intime India Private Limited
Former Name: Link Intime India Private Limited
SEBI Registration: INR000004058
Certificate Date: April 6, 2026
Signatory: Ashok Shetty, Vice President

Company Information

The filing was executed by Ms. Pooja Thorave, Company Secretary and Compliance Officer, holding membership number A74339. The document was digitally signed on April 8, 2026, at 18:54:01 +05'30'. Suratwwala Business Group Limited, formerly known as Suratwwala Business Group Pvt. Ltd. & Suratwwala Housing Pvt. Ltd., is incorporated under CIN L45200PN2008PLC131361 and headquartered in Pune, Maharashtra.

The quarterly compliance filing represents part of the company's ongoing regulatory obligations to maintain transparency and adherence to SEBI guidelines for listed entities.

What factors might explain the absence of dematerialization activity during Q4FY26, and could this indicate changes in investor sentiment or trading patterns?

How might the recent transition from Link Intime to MUFG Intime as RTA impact the company's shareholder services and operational efficiency going forward?

Will Suratwwala Business Group's compliance track record influence its ability to access capital markets or attract institutional investors in FY27?

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