Trescon Limited Confirms Non-Large Corporate Status Under SEBI Debt Securities Framework

1 min read     Updated on 17 Apr 2026, 04:52 PM
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Trescon Limited disclosed to BSE that it does not qualify as a 'Large Corporate' under SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 as of March 31, 2026. The company confirmed it does not meet the criteria in paragraph 2.2 of the circular governing debt securities issuance by large entities. Consequently, initial and annual disclosure requirements under paragraph 4 are not applicable to the company. The disclosure was made on April 17, 2026, by Company Secretary Mandar Chavan, ensuring regulatory compliance and transparency regarding the company's status under SEBI's debt securities framework.

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Trescon Limited has formally disclosed to BSE Limited that it does not qualify as a 'Large Corporate' under the Securities and Exchange Board of India's regulatory framework for debt securities issuance. The disclosure was made on April 17, 2026, in compliance with mandatory reporting requirements.

Regulatory Compliance Status

The company confirmed that it does not fulfill the criteria outlined in paragraph 2.2 of SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. This circular specifically addresses fund raising by issuance of debt securities by large entities and establishes the framework for identifying companies that fall under the 'Large Corporate' category.

Parameter Status
Large Corporate Status: Not Qualified
Assessment Date: March 31, 2026
SEBI Circular Reference: SEBI/HO/DDHS/CIR/P/2018/144
Circular Date: November 26, 2018

Disclosure Requirements Exemption

As a result of not meeting the large corporate criteria, Trescon Limited is exempt from the initial and annual disclosure requirements specified under paragraph 4 of the aforementioned SEBI circular. This exemption applies to the company's current status as assessed on March 31, 2026.

Corporate Communication

The disclosure was signed by Mandar Chavan, Company Secretary of Trescon Limited, and submitted to BSE Limited at P. J. Towers, Dalal Street, Fort, Mumbai. The company's scrip code on BSE is 532159. This formal communication ensures transparency and regulatory compliance regarding the company's status under SEBI's debt securities framework.

The disclosure represents part of the ongoing regulatory compliance obligations that listed companies must fulfill to maintain transparency with stock exchanges and regulatory authorities regarding their corporate status and applicable regulatory requirements.

Historical Stock Returns for Trescon

1 Day5 Days1 Month6 Months1 Year5 Years
-0.73%+1.60%+12.83%-20.77%-15.56%-81.90%

What are Trescon's alternative funding strategies now that it cannot access the large corporate debt securities framework?

How might this regulatory status impact Trescon's cost of capital and borrowing capacity in the coming quarters?

Will Trescon's growth plans be affected by the limitations on debt securities issuance under SEBI's large corporate framework?

Trescon Limited Reports Mixed Q2 Results, Appoints Three Senior Executives

2 min read     Updated on 13 Nov 2025, 07:41 AM
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Trescon Limited reported mixed financial results for Q2 FY2025-26. Standalone revenue was Rs 764.34 lakhs with a total comprehensive income of Rs 15.28 lakhs. Consolidated revenue was Rs 774.44 lakhs, but with a net loss of Rs 60.81 lakhs. The company appointed three new senior executives: Mrs. Nidhi Laad as VP, Mr. Hasmukh Thakkar as VP, and Mr. Yogesh Mhatre as PRO. Total assets increased to Rs 21,205.48 lakhs as of September 30, 2025, up from Rs 18,371.02 lakhs on March 31, 2025.

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Trescon Limited , a real estate development company, has announced its unaudited financial results for the quarter and half-year ended September 30, 2025, along with key management appointments.

Financial Performance

The company reported mixed results for the second quarter:

Particulars (in Rs. lakhs) Q2 FY2025-26 (Standalone) Q2 FY2025-26 (Consolidated)
Revenue from Operations 764.34 774.44
Total Comprehensive Income 15.28 -
Net Loss After Tax - 60.81
Earnings Per Share (Basic) 0.02 (0.09)

On a standalone basis, Trescon Limited achieved a revenue from operations of Rs 764.34 lakhs for the quarter, with a total comprehensive income of Rs 15.28 lakhs. The company's standalone earnings per share stood at Rs 0.02 (basic and diluted).

However, the consolidated results show a different picture. While the consolidated revenue from operations was slightly higher at Rs 774.44 lakhs, the company reported a net loss after tax of Rs 60.81 lakhs for the quarter. This resulted in a negative consolidated earnings per share of Rs 0.09.

Management Appointments

Trescon Limited has announced three key appointments to its senior management, effective from November 12, 2025:

  1. Mrs. Nidhi Laad: Appointed as Vice President, bringing extensive experience in administration and human resources.

  2. Mr. Hasmukh Thakkar: Joins as Vice President, with over 35 years of experience in the civil and construction industry. Mr. Thakkar holds a Bachelor's degree in Civil Engineering.

  3. Mr. Yogesh Mhatre: Takes on the role of Public Relations Officer (PRO), bringing expertise in liaising and public relations functions.

Balance Sheet Highlights

As of September 30, 2025, Trescon Limited's consolidated balance sheet shows:

Particulars (in Rs. lakhs) As at Sept 30, 2025 As at March 31, 2025
Total Assets 21,205.48 18,371.02
Total Equity 14,437.05 13,852.36
Current Liabilities 6,522.69 4,401.74

The company's total assets have increased from Rs 18,371.02 lakhs as of March 31, 2025, to Rs 21,205.48 lakhs as of September 30, 2025, indicating growth in the company's asset base.

Cash Flow and Liquidity

The consolidated cash flow statement reveals:

  • Net cash used in operating activities: Rs 84.80 lakhs
  • Net cash from investing activities: Rs 146.53 lakhs
  • Net cash from financing activities: Rs 58.73 lakhs

This resulted in a net increase of Rs 120.46 lakhs in cash and cash equivalents during the period.

The mixed financial results, coupled with strategic management appointments, suggest that Trescon Limited is navigating challenges while positioning itself for future growth in the real estate sector.

Historical Stock Returns for Trescon

1 Day5 Days1 Month6 Months1 Year5 Years
-0.73%+1.60%+12.83%-20.77%-15.56%-81.90%

More News on Trescon

1 Year Returns:-15.56%