Continental Controls Limited has officially confirmed to BSE Limited that it does not qualify as a "Large Corporate" under the Securities and Exchange Board of India's regulatory framework for debt securities issuance. The company made this declaration through a formal communication dated April 07, 2026, ensuring compliance with established regulatory guidelines.

Regulatory Compliance Declaration

The notification pertains to SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, which addresses "Fund raising by issuance of Debt Securities by Large Entities." Continental Controls Limited has confirmed that it does not fall under the Large Corporate category as defined in this regulatory framework.

Company Information and Authorization

The communication was signed by Jyoti Darade, who serves as Company Secretary and Compliance Officer with membership number A70171. The document was digitally signed on April 07, 2026, at 12:14:47 +05'30', demonstrating the company's commitment to proper documentation and regulatory compliance.

Continental Controls Limited, incorporated under CIN L66110MH1995PLC086040, operates from its registered office located at Plot No. A 356/357, Road No. 26, Wagle Industrial Estate, MIDC, Thane (West) – 400604, Maharashtra, India. The company's proactive approach to regulatory compliance ensures transparency with stock exchange authorities and maintains proper corporate governance standards.

Implications of Non-LC Status

By confirming its non-Large Corporate status, Continental Controls Limited clarifies that the specific requirements and restrictions outlined in the SEBI circular for large entities do not apply to its operations. This classification affects the company's approach to debt securities issuance and related regulatory obligations, providing clarity for stakeholders regarding the applicable regulatory framework.

Continental Controls Limited has successfully completed its postal ballot process, securing shareholder approval for the re-appointment of four directors through special resolutions. The company submitted comprehensive disclosure documents to BSE Limited on February 24, 2026, in compliance with Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Director Re-appointments with Strong Mandate

The postal ballot, concluded on February 21, 2026, resulted in the approval of four key director re-appointments with overwhelming shareholder support of 99.9958% votes in favor:

All three independent directors have been re-appointed for their second consecutive term of 5 years, while Mr. Rajnish Kumar Pandey continues as Executive Whole-Time Director for another 5-year term.

Director Profiles and Expertise

The re-appointed directors bring substantial professional experience across diverse domains. Mr. Rajnish Kumar Pandey, with qualifications including M.Com, MA (Econ), LLB, FCS, FCA, PhD, and IP (IBBI), contributes over 38 years of experience in law, project management, corporate matters, and finances.

Voting Results and Shareholder Participation

The detailed voting results revealed strong shareholder confidence, with each director re-appointment receiving 1,593,750 votes in favor against only 67 votes opposed. The company also secured approval for two additional financial resolutions with 99.9204% approval rate:

Regulatory Compliance and Corporate Governance

The postal ballot process was conducted under the supervision of Mr. Abhishek Wagh (ACS A65319) from M/S Abhishek Wagh & Associates as scrutinizer. Company Secretary Jyoti Darade (ACS 70171) confirmed that all re-appointed directors are not debarred from holding directorship by virtue of any SEBI order or other regulatory authority. The company has fulfilled all disclosure requirements under SEBI Master Circular guidelines dated November 11, 2024, and December 31, 2024, ensuring complete transparency and regulatory adherence.