Syncom Formulations Confirms Non-Applicability of Large Corporate Criteria Under SEBI Regulations
Syncom Formulations (India) Limited confirmed to BSE and NSE on April 3, 2026, that it does not qualify as a "Large Corporate" under SEBI regulations. This status exempts the WHO-GMP and ISO certified pharmaceutical company from Annual Disclosure requirements in Annexure B2 for FY2025-26. The confirmation references multiple SEBI circulars including the primary regulation SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, and ensures compliance transparency with investors.

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Syncom formulations (India) Limited has formally notified stock exchanges that it does not fall under the "Large Corporate" classification as defined by SEBI regulations. The WHO-GMP and ISO 9001-2000 certified pharmaceutical company submitted this confirmation to both BSE and NSE on April 3, 2026.
Regulatory Compliance Confirmation
The company's confirmation specifically references multiple SEBI circulars that define Large Corporate criteria. The primary regulation cited is SEBI Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, which was subsequently updated on April 13, 2022. Additionally, the company referenced SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023, along with BSE Notice No. 20220427-2 dated April 27, 2022.
| Regulatory Reference: | Details |
|---|---|
| Primary SEBI Circular: | SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021 |
| Updated: | April 13, 2022 |
| Additional Circular: | SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023 |
| BSE Notice: | 20220427-2 dated April 27, 2022 |
| Filing Date: | April 3, 2026 |
Exemption from Annual Disclosure Requirements
By confirming its non-Large Corporate status, Syncom Formulations is exempt from specific regulatory obligations. The company stated that the requirement for submission of Annual Disclosure in Annexure B2 for the financial year ended March 31, 2026, is not applicable. This exemption represents a significant compliance relief for the company, as Large Corporates face additional disclosure and reporting requirements under SEBI regulations.
Company Profile and Operations
Syncom Formulations operates as a WHO-GMP and ISO 9001-2000 certified pharmaceutical company with CIN No. L24239MH1988PLC047759. The company maintains multiple operational locations across India:
- Registered Office: 7, Niraj Industrial Estate, Off Mahakali Caves Road, Andheri (East), Mumbai-400 093
- Manufacturing Works: 256-257, Sector-I, Pithampur, Dist.-Dhar, M.P. - 454 775
- Corporate Office: 207, Saket Nagar, Near Saket Club, Indore - 452 018
Stock Exchange Communication
The formal communication was signed by Vaishali Agrawal, Company Secretary and Compliance Officer, and submitted to both major Indian stock exchanges. The company requested that this information be disseminated on BSE and NSE websites for investor awareness. This transparent communication approach demonstrates the company's commitment to regulatory compliance and stakeholder information sharing.
The confirmation ensures that investors and market participants are aware of the company's regulatory status and the corresponding compliance obligations that apply to its operations.
Historical Stock Returns for Syncom Formulations
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.39% | +20.00% | +13.95% | -20.05% | -16.96% | +67.41% |
What are the specific financial thresholds that would trigger Syncom Formulations to be reclassified as a Large Corporate in future years?
How might this exemption from additional disclosure requirements impact Syncom's competitive positioning against larger pharmaceutical companies?
Will Syncom's non-Large Corporate status affect its ability to access capital markets or institutional funding for expansion plans?


































