Cityman Limited confirms non-applicability of SEBI Large Corporate debt securities regulations for FY26
Cityman Limited has confirmed to BSE that it does not qualify as a Large Corporate under SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. This exempts the company from filing Annual Disclosure for Incremental borrowings in Annexure B2 for FY26. The official confirmation was communicated on April 2, 2026, by Managing Director Santhosh Joseph Karimattom.

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Cityman Limited has formally notified BSE Limited that it does not fall under the Large Corporate classification as defined by SEBI regulations, thereby exempting the company from specific debt securities disclosure requirements for the financial year 2026.
SEBI Large Corporate Classification
The company's confirmation relates to SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, which addresses fund raising through issuance of debt securities by Large Corporates. According to the company's official communication to BSE, Cityman Limited does not meet the criteria specified in para 2.2 of the aforementioned SEBI circular for Large Corporate classification.
Regulatory Compliance Impact
Due to its non-applicability under the Large Corporate category, Cityman Limited is exempt from several regulatory requirements:
| Exemption Details: | Status |
|---|---|
| Annual Disclosure Filing: | Not Required |
| Incremental Borrowings Report: | Not Applicable |
| Annexure B2 Submission: | Exempted |
| Financial Year Coverage: | March 31, 2026 |
Official Communication
The confirmation was communicated through an official letter dated April 2, 2026, addressed to the Listing Department of BSE Limited. The communication was signed by Santhosh Joseph Karimattom, Managing Director of Cityman Limited, bearing DIN 00998412. The letter specifically states that the requirement of filing the Annual Disclosure for Incremental borrowings in Annexure B2 for the financial year March 31, 2026 is not applicable to the company.
Company Information
Cityman Limited operates from its registered office located at 153 (Old No. 43/35) 2nd Floor, Promenade Road 2nd Cross, Fraser Town, Bengaluru - 560005. The company trades on BSE under script code 521210 and maintains its corporate identification number as L52322KA1992PLC013512.
Historical Stock Returns for Cityman
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.52% | -7.52% | -5.90% | -14.97% | -51.27% | +105.21% |
What factors could potentially push Cityman Limited into the Large Corporate classification in future years, requiring compliance with SEBI debt securities disclosure requirements?
How might this regulatory exemption impact Cityman Limited's ability to raise debt capital compared to larger corporations subject to stricter disclosure norms?
Will SEBI consider revising the Large Corporate classification criteria, and how could such changes affect mid-sized companies like Cityman Limited?




























