Syschem India Limited Declares Non-Applicability of Large Corporate Entity Status Under SEBI Circular

1 min read     Updated on 07 Apr 2026, 03:49 AM
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Syschem (India) Limited has declared non-applicability under the Large Corporate category per SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144, submitted to BSE on April 6, 2026. The company's outstanding borrowings of Rs. 39.91 lakh for FY2025-26 remain well below the Rs. 100 crore threshold, exempting it from enhanced disclosure requirements applicable to Large Corporate entities.

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Syschem (India) Limited has formally declared its non-applicability under the Large Corporate (LC) category as defined by SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144. The company submitted this declaration to BSE Limited on April 6, 2026, confirming that it does not meet the criteria for Large Corporate classification under the regulatory framework.

Regulatory Compliance Declaration

The company has officially communicated to BSE Limited that it falls outside the purview of the Large Corporate category as per the framework provided in the SEBI circular dated November 26, 2018. This declaration confirms that the disclosure requirements mandated under the said circular are not applicable to Syschem (India) Limited.

Financial Position and Borrowing Details

The key factor supporting this declaration is the company's borrowing position, which remains well below the regulatory threshold for Large Corporate classification.

Parameter Details
Outstanding Borrowings (FY2025-26) Rs. 39.91 lakh
Large Corporate Threshold Rs. 100 crore
Credit Rating Agency Not Applicable
Credit Rating Not Applicable

The company's outstanding borrowings of Rs. 39.91 lakh for the previous financial year FY2025-26 are significantly below the Rs. 100 crore threshold that defines Large Corporate entities under the SEBI framework.

Company Information

Syschem (India) Limited, incorporated with CIN L24219HR1993PLC032195, is registered at Village Bargodam, Tehsil Kalka, District Panchkula, Haryana. The declaration was signed by key officials including Company Secretary and Compliance Officer Shikha Kataria, Chief Financial Officer Sanjeev Agrawal, and Director Suninder Veer Singh.

Regulatory Implications

With this declaration, Syschem (India) Limited is exempt from the enhanced disclosure and compliance requirements that apply to Large Corporate entities under the SEBI circular. The company has requested BSE Limited to take this declaration on record for regulatory compliance purposes.

Historical Stock Returns for Syschem

1 Day5 Days1 Month6 Months1 Year5 Years
-1.41%-2.24%+17.85%-7.31%+23.45%+559.25%

What are Syschem's expansion plans that could potentially push its borrowings above the Rs. 100 crore threshold in future years?

How might this exemption from enhanced disclosure requirements affect investor confidence and transparency perceptions?

Will Syschem voluntarily adopt any of the Large Corporate disclosure practices to attract institutional investors?

Syschem (India) Limited Files Quarterly Regulatory Disclosure for March 2026

1 min read     Updated on 06 Apr 2026, 05:26 PM
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Syschem (India) Limited has filed its quarterly regulatory disclosure under SEBI Regulation 74(5) for the quarter ended March 2026. The filing, submitted to BSE Limited on April 6, 2026, includes a confirmation certificate from RTA Beetal Financial & Computer Services confirming compliance with dematerialization requirements and proper processing of securities during the quarter.

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Syschem (India) Limited has filed its quarterly regulatory disclosure with BSE Limited, fulfilling mandatory compliance requirements under SEBI regulations for the quarter ended March 2026.

Regulatory Compliance Filing

The company submitted its disclosure under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 on April 6, 2026. The filing was signed by Company Secretary Shikha Kataria and addressed to the Corporate Relationship Department of BSE Limited.

Filing Details: Information
Filing Date: April 6, 2026
Quarter Ended: March 2026
Regulation: SEBI Regulation 74(5)
Exchange: BSE Limited
Equity Script Code: 531173

RTA Confirmation Certificate

The disclosure includes a confirmation certificate from Beetal Financial & Computer Services (P) Ltd, the company's SEBI-approved Registrar and Share Transfer Agent. The certificate, dated April 3, 2026, provides comprehensive confirmation of compliance with dematerialization requirements.

RTA Details: Information
Agent Name: Beetal Financial & Computer Services (P) Ltd
SEBI Registration: INR 000000262
Certificate Date: April 3, 2026
Reference Number: BTL/Q4-2025-2026/199

Compliance Confirmations

The RTA certificate confirms several key compliance aspects for the quarter ended March 2026:

  • All securities received from Depository Participants for dematerialization were properly confirmed to the depositories
  • Securities comprised in the certificates have been listed on stock exchanges where earlier issued securities are listed
  • Security certificates received for dematerialization have been mutilated and cancelled after due verification
  • Names of depositories have been substituted in the register of members as registered owners within the stipulated 15-day period

Company Information

Syschem (India) Limited operates from its registered office in Village Bargodam, Tehsil Kalka, District Panchkula, Haryana. The company maintains its corporate presence with CIN L24219HR1993PLC032195 and trades on BSE under equity script code 531173.

Historical Stock Returns for Syschem

1 Day5 Days1 Month6 Months1 Year5 Years
-1.41%-2.24%+17.85%-7.31%+23.45%+559.25%

What operational or financial developments might Syschem reveal in its upcoming Q4 FY2026 earnings announcement?

How could changes in SEBI's dematerialization regulations impact Syschem's compliance costs in future quarters?

Will Syschem consider listing on additional stock exchanges beyond BSE to improve liquidity and market access?

More News on Syschem

1 Year Returns:+23.45%