Amarnath Securities declares non-applicability of Large Entities framework under SEBI circular

1 min read     Updated on 16 Apr 2026, 08:53 PM
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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.

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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?

Amarnath Securities Limited Submits SEBI Compliance Certificate for Q4FY26

1 min read     Updated on 16 Apr 2026, 04:15 PM
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Amarnath Securities Limited submitted its Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulation, 2018 for Q4FY26 to the Bombay Stock Exchange on April 16, 2026. The certificate, issued by registrar Bigshare Services Private Limited, confirms compliance with dematerialization processes and regulatory requirements for the quarter ended March 31, 2026. The submission demonstrates the company's adherence to SEBI guidelines regarding securities handling and depository participant obligations.

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Amarnath Securities Limited has filed its quarterly compliance certificate with the Bombay Stock Exchange, fulfilling regulatory requirements under SEBI guidelines. The submission, dated April 16, 2026, covers the quarter ended March 31, 2026.

Regulatory Compliance Certificate

The company submitted its Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulation, 2018 for Q4FY26. This certificate was issued by Bigshare Services Private Limited, which serves as the Registrar and Share Transfer Agent for Amarnath Securities Limited.

Parameter: Details
Regulation: SEBI Regulation 74(5)
Quarter Covered: March 31, 2026
Submission Date: April 16, 2026
Registrar: Bigshare Services Private Limited
Exchange: Bombay Stock Exchange Limited

Certificate Confirmation

Bigshare Services Private Limited confirmed several key compliance aspects in their certificate dated April 15, 2026. The registrar verified that securities received from depository participants for dematerialization up to March 31, 2026 were properly confirmed to the depositories.

The certificate also confirmed that:

  • Securities comprised in the certificates have been listed on the stock exchange where earlier issued securities are listed
  • Security certificates received for dematerialization have been mutilated and cancelled after due verification
  • Names of depositories have been substituted in the register of members as registered owners within 15 days of receipt

Corporate Communication

The submission was signed by Chetan Patel, Whole-Time Director of Amarnath Securities Limited, with DIN number 03556088. The communication was addressed to the Corporate Relationship Department of Bombay Stock Exchange Limited at PJ Towers, Dalal Street, Fort, Mumbai.

Company Information

Amarnath Securities Limited operates from its registered office at Sarthak 1/104, opposite City Centre, near Swastik Cross Road, Navrangpura, Ahmedabad - 380009. The company maintains its corporate website at amarnathsecurities.org and holds CIN number L67120GJ1994PLC023254.

This quarterly submission represents part of the company's ongoing regulatory compliance obligations under SEBI guidelines for depositories and participants, ensuring transparency in securities handling and dematerialization processes.

Will Amarnath Securities expand its depository services to other major exchanges beyond BSE in the coming quarters?

How might upcoming SEBI regulatory changes in 2026-27 impact the company's compliance costs and operational procedures?

What growth strategies is Amarnath Securities considering to increase its market share in the competitive securities services sector?

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