Amarnath Securities declares non-applicability of Large Entities framework under SEBI circular
Amarnath Securities Limited has declared to BSE that it falls outside the Large Corporate category under SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, which governs fund raising through debt securities by Large Entities. The declaration was digitally signed by Whole-Time Director Chetan Patel on April 16, 2026, and submitted to BSE's Corporate Relationship Department for record purposes.

*this image is generated using AI for illustrative purposes only.
Amarnath Securities Limited has formally declared to the Bombay Stock Exchange that it does not fall under the Large Corporate category as defined by SEBI's regulatory framework for debt securities issuance.
Regulatory Declaration Details
The company submitted its declaration pursuant to SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, which establishes the framework for fund raising by issuance of debt securities by Large Entities and their associated compliance requirements.
| Parameter | Details |
|---|---|
| Declaration Date | April 16, 2026 |
| Regulatory Authority | Bombay Stock Exchange Limited |
| SEBI Circular Reference | SEBI/HO/DDHS/CIR/P/2018/144 |
| Circular Date | November 26, 2018 |
| Signatory | Chetan Patel, Whole-Time Director |
| Director Identification Number | 03556088 |
Company Position on Large Entities Framework
Amarnath Securities Limited has explicitly stated that it is "out of the purview of Large Corporate category as per the applicability of framework provided in the aforesaid circular." This declaration indicates that the company does not meet the criteria that would classify it as a Large Entity under SEBI's regulatory definitions.
Corporate Communication
The declaration was addressed to the Corporate Relationship Department of Bombay Stock Exchange Limited and was digitally signed by Whole-Time Director Chetan Patel. The company has requested BSE to take this declaration on record for compliance purposes.
Company Information
Amarnath Securities Limited is registered with CIN L67120GJ1994PLC023254 and has its registered office located at Sarthak 1/104, Opp. City Centre, Near Swastik Cross Road, Navrangpura, Ahmedabad - 380009. The company maintains its web presence at amarnathsecurities.org.
What are the specific financial thresholds or criteria that Amarnath Securities would need to meet to be classified as a Large Corporate under SEBI's framework?
How might this declaration impact Amarnath Securities' future fundraising options and debt issuance strategies?
Will the company's exclusion from Large Corporate status affect its compliance costs and regulatory reporting requirements going forward?

































