UTL Industries Limited has officially declared that it does not meet the Large Corporate criteria as specified under SEBI circular dated November 26, 2018, pertaining to fund raising through debt securities issuance. The company made this declaration in a formal communication to BSE Limited on April 13, 2026.

Regulatory Compliance Declaration

The company confirmed its status in accordance with SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, which governs fund raising by issuance of debt securities by Large Corporates. UTL Industries stated that as of March 31, 2026, it does not fall under the criteria specified in Para 2.2 of the aforesaid circular, hence it shall not be considered as Large Corporate (LC).

Impact on Financial Year 2025-2026

Due to its non-Large Corporate status, UTL Industries confirmed that the annual disclosure requirements for incremental borrowings are not applicable to the company for Financial Year 2025-2026. This exemption relates specifically to the disclosure obligations mandated under the aforementioned SEBI circular for fund raising by issuance of debt securities.

Corporate Information and Communication Details

The declaration was digitally signed by Mr. Paras Jain, Managing Director of UTL Industries Limited, bearing DIN 10293593, on April 13, 2026 at 09:51:33 +05'30'. The company is incorporated under CIN L27100GJ1989PLC012843 and maintains its registered office at 1st floor, Vadodara-Hyper, Dr. Vikram Sarabhai Marg, Vadodara, Gujarat 390007. UTL Industries operates under the scrip code 500426 on BSE Limited.

Regulatory Context

The SEBI circular dated November 26, 2018, establishes specific criteria for categorizing companies as Large Corporates and mandates certain disclosure requirements for such entities when raising funds through debt securities. Companies falling under this category are required to file annual disclosures regarding their incremental borrowings, ensuring enhanced transparency in corporate debt management. UTL Industries' declaration confirms its exemption from these enhanced disclosure requirements.

UTL Industries Limited has submitted its quarterly compliance report to BSE Limited under Regulation 57(5) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 for the quarter ended March 31, 2026. The report was filed on April 13, 2026, by Managing Director Mr. Paras Jain.

Compliance Report Details

The company submitted a NIL report, indicating no compliance obligations related to non-convertible securities during the reporting quarter. This filing is mandatory under SEBI regulations for listed companies to ensure transparency regarding their debt securities obligations.

Regulatory Compliance Status

The compliance report covers two key regulatory requirements under Regulation 57(5):

Both compliance requirements show NIL status as the company has not issued any non-convertible securities.

Company Information

UTL Industries Limited operates from its registered office located at 1st floor, Vadodara-Hyper, Dr. Vikram Sarabhai Marg, Vadodara, Gujarat 390007. The company is incorporated under CIN L27100GJ1989PLC012843 and trades on BSE with scrip code 500426.

Filing Authority

The compliance report was digitally signed and submitted by Mr. Paras Jain, Managing Director (DIN: 10293593), ensuring proper authorization and accountability for the regulatory filing. The submission maintains the company's commitment to regulatory compliance and transparency with stock exchange requirements.