Tokyo Finance Limited has submitted a declaration under Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, to BSE Limited, addressing a discrepancy related to the non-submission of the required declaration for the financial year ended March 31, 2026. The submission, dated May 13, 2026, was accompanied by a clarification letter signed by Managing Director Velji L Shah (DIN: 00007239).

Background of the Filing

The company's audited financial results for the quarter and financial year ended March 31, 2026, were submitted to the exchange on April 25, 2026. However, the covering declaration required under Regulation 33(3)(d) was not attached to the primary filing due to an inadvertent clerical oversight during the compilation of the final PDF document for upload. Tokyo Finance acknowledged the omission and sought condonation of the delay from BSE Limited.

Declaration Details

The following key details pertain to the declaration submitted:

Auditor's Opinion

In the declaration dated April 25, 2026, Tokyo Finance confirmed that its statutory auditors, U B G & Co., Chartered Accountants (Firm Registration No.: 141076W), issued an audit report with an unmodified opinion on the audited standalone financial results for the quarter and financial year ended March 31, 2026. An unmodified opinion indicates that the auditors found the financial statements to be presented fairly and in accordance with applicable accounting standards, without any qualifications or adverse remarks.

Company's Clarification

In its clarification letter to BSE, Tokyo Finance emphasized that the omission of the declaration was unintentional and attributed solely to a clerical error during document preparation. The company expressed regret over the oversight and requested BSE to take the submitted declaration on record and close the pending discrepancy. The declaration has been enclosed with the filing for reference and records.

Tokyo Plast International Limited has submitted a formal confirmation to the Bombay Stock Exchange Ltd and National Stock Exchange of India Ltd stating that it does not fall under the Large Corporate Category as defined by the Securities and Exchange Board of India (SEBI). The communication, dated 27 April 2026, references SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated 19th October 2023, which outlines regulations for fund raising by issuance of debt securities by large entities.

The company explicitly stated that it does not meet the applicability criteria mentioned in Clause 3.2 of the circular. As a result, the provisions specified in the SEBI circular are not applicable to Tokyo Plast International Limited. The confirmation was addressed to the Corporate Relationship Department of both stock exchanges, with the company's scrip code listed as 500418 on the Bombay Stock Exchange.

The letter was signed by Haresh Velji Shah, Director of Tokyo Plast International Limited, bearing DIN: 00008339. The digital signature was recorded on 27 April 2026 at 16:16:15 IST. The company requested both exchanges to take this confirmation on record.

Key Details of the Communication

The SEBI circular in question establishes guidelines for large entities undertaking fund raising activities through debt securities. By confirming its exclusion from the Large Corporate Category, Tokyo Plast International Limited has clarified its regulatory position regarding these specific debt securities issuance provisions.