Wallfort Financial Services Limited has formally communicated to the Bombay Stock Exchange regarding its status under recent SEBI regulations concerning large corporate entities. The company has confirmed that it does not fall under the Large Corporate category as defined by the Securities and Exchange Board of India.

Regulatory Compliance Confirmation

The confirmation was made through an official letter dated April 15, 2026, addressed to the Manager of the Listing Department at BSE Limited. The communication specifically references SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023, which deals with fund raising by issuance of debt securities by large entities.

SEBI Circular Compliance

Wallfort Financial Services Limited has explicitly stated that it does not meet the applicability criteria mentioned in Clause 3.2 of the SEBI circular dated October 19, 2023. This confirmation ensures that the company remains compliant with the regulatory framework established by SEBI for categorizing large corporate entities in the context of debt securities issuance.

Official Authorization

The confirmation letter was signed by Deepak Lahoti, who serves as the Whole-time Director and CFO of Wallfort Financial Services Limited. The official communication was submitted to BSE Limited for information and record-keeping purposes, ensuring transparency in regulatory compliance matters.

This confirmation helps clarify the company's regulatory status and ensures proper categorization under the current SEBI guidelines for debt securities issuance by corporate entities.

Wallfort Financial Services Ltd has announced the re-appointment of its Internal Auditors following a Board of Directors meeting held on April 15, 2026. The decision was made in compliance with SEBI regulations and represents continuity in the company's internal audit framework.

Board Meeting Details

The Board of Directors meeting was conducted on April 15, 2026, commencing at 11:00 am and concluding at 12:00 pm. The primary agenda item was the re-appointment of Internal Auditors for the upcoming financial year. The disclosure was made under Regulation 30(2) Para A of Part A of Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Internal Auditor Appointment

The board approved the re-appointment of M/s. Rashmi Jain and Associates, Chartered Accountants, bearing Firm Registration Number 157588W, as Internal Auditors for the financial year 2026-27. This represents a continuation of the existing relationship between the firm and Wallfort Financial Services.

Auditor Profile and Expertise

M/s. Rashmi Jain and Associates is described as a distinguished Chartered Accountancy firm specializing in meticulous auditing and certification services. The firm is led by experienced Chartered Accountant Rashmi Jain and is dedicated to providing comprehensive financial solutions and strategic business advice. The firm brings over 11 years of experience in the field of finance and accounting to its role.

The auditing firm focuses on ensuring financial transparency, compliance, and excellence in every aspect of its service delivery. Their expertise spans across auditing, certification services, and comprehensive financial solutions, making them well-positioned to serve Wallfort Financial Services' internal audit requirements.

Regulatory Compliance

The appointment disclosure confirms that there are no relationships between the Directors and the appointed Internal Auditors, ensuring independence in the audit process. This re-appointment demonstrates Wallfort Financial Services' commitment to maintaining robust internal audit mechanisms and regulatory compliance for the upcoming financial year.