Velox Shipping and Logistics Limited has officially notified BSE Limited that it does not meet the criteria to be classified as a Large Corporate under SEBI's debt securities framework for the financial year ended March 31, 2026. The velox shipping and logistics communication was filed on April 13, 2026, pursuant to SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018.

Regulatory Compliance Status

The company confirmed that it does not fall under the Large Corporate classification as per clause 2.2 of the SEBI circular regarding fundraising through debt securities. Consequently, Velox Shipping and Logistics Limited is exempt from filing initial disclosure and annual disclosure requirements specified in Annexures A, B1, and B2 of the aforementioned circular.

Financial Position Details

The company's financial metrics as of March 31, 2026, demonstrate its position relative to the Large Corporate criteria:

Corporate Information

Velox Shipping and Logistics Limited, formerly known as Velox Industries Limited, operates from its registered office at 902 Felix Commercial Complex, Opp Asian Paints L.B.S. Marg, Bhandup Mumbai 400078 Maharashtra. The company is incorporated under CIN L52242MH1983PLC029364 and maintains contact through phone numbers +91 2262536600 and 9082267347, with email correspondence at veloxindustriesltd@gmail.com .

Key Personnel

The regulatory filing was executed by the company's key officers:

The confirmation letter was digitally signed by Company Secretary Pinal Parekh on April 13, 2026, ensuring compliance with regulatory documentation requirements.

SEBI Framework Context

The SEBI circular establishes criteria for Large Corporate classification and mandates specific borrowing requirements through debt securities. Companies meeting the Large Corporate threshold must maintain mandatory borrowing levels, with potential penalties of 0.20% of any shortfall levied by stock exchanges at the end of two-year block periods. Velox Shipping and Logistics Limited's confirmation indicates it remains below these regulatory thresholds for FY26, thereby avoiding the mandatory borrowing obligations under the framework.

Velox shipping and logistics Limited has submitted its quarterly compliance certificate under SEBI regulations for the quarter ended March 31, 2026. The company fulfilled its regulatory obligations by providing the required documentation to BSE Limited through its designated compliance officer.

Regulatory Compliance Submission

The company submitted a confirmation certificate received from Alankit Assignments Limited, its Registrar and Share Transfer Agent (RTA), as per Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The submission was made to BSE Limited on April 10, 2026, covering the quarter and year ended March 31, 2026.

Certificate Confirmation Details

Alankit Assignments Limited, serving as the company's RTA, confirmed that securities received from depository participants for dematerialization during Q4FY26 were properly processed. The registrar verified that all securities comprised in the certificates have been listed on the stock exchanges where the company's earlier issued securities are traded.

The key confirmations provided by the RTA include:

• Securities received for dematerialization were confirmed to depositories
• All certificates were duly verified, mutilated, and cancelled
• Depository names were substituted as registered owners in records
• Securities remain listed on appropriate stock exchanges

Corporate Structure and Leadership

The compliance submission was handled by Pinal Parekh, who serves as Company Secretary and Compliance Officer for Velox Shipping and Logistics Limited. The company, formerly known as Velox Industries Limited, operates from its registered office at Filix Commercial Complex in Bhandup, Mumbai.

Registrar and Transfer Agent Role

Alankit Assignments Limited, with SEBI registration numbers across multiple categories, continues to serve as the company's registrar and share transfer agent. The Mumbai-based regional office of Alankit handled the quarterly compliance certification, ensuring proper documentation and regulatory adherence for the dematerialization processes during the reporting period.