Cityman Limited confirms non-applicability of SEBI Large Corporate debt securities regulations for FY26

1 min read     Updated on 02 Apr 2026, 04:31 PM
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AI Summary

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 Day5 Days1 Month6 Months1 Year5 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?

Cityman Limited Appoints Mrs. Vidhya K V as Company Secretary and Compliance Officer

1 min read     Updated on 08 Jan 2026, 03:01 PM
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Cityman Limited has appointed Mrs. Vidhya K V as Company Secretary and Compliance Officer effective January 08, 2026. She is an Associate Member of ICSI with membership number A35782 and brings over 10 years of post-qualification experience in corporate legal and secretarial matters. The appointment was approved by the Board of Directors and disclosed under SEBI (LODR) Regulations 2015.

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Cityman Limited has announced the appointment of Mrs. Vidhya K V as Company Secretary and Compliance Officer, effective January 08, 2026. The appointment was approved by the Board of Directors during their meeting held on Thursday, January 08, 2026, and has been disclosed under Regulation 30 of SEBI (LODR) Regulations 2015.

Appointment Details

The company has provided comprehensive details of the appointment in compliance with SEBI regulations. Mrs. Vidhya K V holds membership number A35782 with the Institute of Company Secretaries of India and will serve as both Company Secretary and Compliance Officer for the organization.

Parameter Details
Name Mrs. Vidhya K V
Membership Number A35782
Appointment Date January 08, 2026
Position Company Secretary and Compliance Officer
Qualification Associate Member of ICSI

Professional Background

Mrs. Vidhya K V brings substantial expertise to her new role at Cityman Limited. She is an Associate Member of the Institute of Company Secretaries of India and possesses more than 10 years of post-qualification experience in corporate legal and secretarial matters. Her extensive background in these areas positions her well to handle the compliance and secretarial responsibilities of the company.

Regulatory Compliance

The appointment follows proper regulatory procedures and has been disclosed in accordance with SEBI (LODR) Regulations 2015. The disclosure was made pursuant to SEBI Circular SEBI/HO/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, which outlines the requirements for such appointments.

Regulatory Aspect Details
Regulation SEBI (LODR) Regulations 2015 - Regulation 30
SEBI Circular SEBI/HO/CFD-PoD-1/P/CIR/2023/123
Circular Date July 13, 2023
Disclosure Date January 08, 2026

Consent and Documentation

Prior to her appointment, Mrs. Vidhya K V had submitted her consent letter dated December 26, 2025, expressing her willingness to act as Company Secretary, Compliance Officer, and Key Managerial Personnel. The consent was provided in accordance with Section 203 of the Companies Act, 2013, read with Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.

The appointment strengthens Cityman Limited's compliance framework and ensures adherence to corporate governance standards. With her decade-long experience in corporate legal and secretarial matters, Mrs. Vidhya K V is expected to contribute significantly to the company's regulatory compliance and corporate governance initiatives.

Historical Stock Returns for Cityman

1 Day5 Days1 Month6 Months1 Year5 Years
+4.52%-7.52%-5.90%-14.97%-51.27%+105.21%

More News on Cityman

1 Year Returns:-51.27%