Vivid Mercantile Limited Confirms Non-Applicability of Large Corporate Status for FY26

Vivid Mercantile Limited has formally notified BSE Limited that it does not qualify as a 'Large Corporate' under the regulatory framework established by SEBI and BSE for the financial year 2026. The company made this confirmation through an official communication dated April 15, 2026, addressed to the Listing Corporate Relations Department of BSE.

Regulatory Compliance Framework

The confirmation relates to specific SEBI and BSE circulars governing fund raising through debt securities by large corporates. The regulatory framework is established through multiple circulars including SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, and its subsequent updates.

Regulatory Reference:	Details
Primary SEBI Circular:	SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018
Updated Circular:	SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021
Additional BSE Circulars:	LIST/COMP/59/2019-20 dated March 3, 2020
BSE Notice:	20220427-2 dated April 27, 2022
Assessment Date:	March 31, 2026

Large Corporate Classification Exemption

Based on the criteria provided in the regulatory circulars, Vivid Mercantile Limited confirmed that it does not meet the threshold requirements to be classified as a 'Large Corporate' as of March 31, 2026. This classification is crucial as it determines the company's obligations regarding disclosure requirements for debt security issuances.

Annual Disclosure Requirements Exemption

Due to its non-qualification as a Large Corporate, the company is exempt from filing Annual Disclosure requirements. Specifically, Vivid Mercantile Limited is not required to file disclosures in 'Annexure B' as per BSE notices and circulars, nor in 'Annexure XII B2' as specified in the operational circular dated August 10, 2021 for the financial year ended March 31, 2026.

Corporate Information

Vivid Mercantile Limited operates under CIN L74110GJ1994PLC021483 and maintains its registered office at G/19, Hemkut Owners Association, Opp. Capital Comm Centre, Ashram Road, Ahmedabad, Gujarat. The confirmation was signed by Director Satishkumar Ramanlal Gajjar, who holds DIN 05254111. The company can be contacted at 079-48921375 and maintains its website at www.vividmercantile.com .

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.82%	-2.69%	-10.62%	+13.48%	-0.96%	+289.25%

Vivid Mercantile Limited has submitted a regulatory declaration confirming the non-encumbrance of shares held by its promoters during the financial year 2025-26. The filing was made under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Regulatory Filing Details

The declaration was filed on April 04, 2026, with BSE Limited by Mr. Satishkumar Ramanlal Gajjar, who serves as the Managing Director and Promoter of the company. The filing was made on behalf of all promoters and persons acting in concert with the promoters.

Filing Parameter:	Details
Filing Date:	April 04, 2026
Regulation:	SEBI Takeover Regulations 31(4)
BSE Scrip Code:	542046
Financial Year Covered:	2025-26
Signatory:	Satishkumar Ramanlal Gajjar (DIN: 05254111)

Declaration Statement

In the formal declaration, Mr. Gajjar confirmed that the promoters and promoter group have not made any encumbrance on the shares of Vivid Mercantile Limited held by them, either directly or indirectly, during the financial year 2025-26. The statement specifically noted that this excludes any encumbrances that may have been previously disclosed.

Compliance Significance

This declaration represents a routine compliance requirement under SEBI regulations for listed companies. The filing ensures transparency regarding any potential encumbrances on promoter shareholdings and maintains regulatory compliance for the company's continued listing status on BSE Limited.