DHP India Limited has filed its initial disclosure with the Bombay Stock Exchange under SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, pertaining to Large Corporate classification requirements. The company has confirmed that it does not qualify as a Large Corporate entity under the specified applicability criteria.

Regulatory Compliance Status

The company submitted the mandatory disclosure format to BSE, clarifying its position regarding the Large Corporate framework. DHP India Limited emphasized that while the circular's provisions are not applicable to them, they have provided the required information as a compliance measure.

Financial Position Details

The company disclosed its financial standing as part of the regulatory submission:

Credit Rating and Framework Applicability

DHP India Limited stated that credit rating requirements are not applicable to the company since it does not fall under the Large Corporate Group classification. The company confirmed that provisions related to credit ratings and potential fines for shortfall in required borrowing under the framework do not apply to their operations.

Regulatory Framework Background

The SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 requires entities identified as Large Corporates to submit initial disclosures to stock exchanges within 30 days from the beginning of the financial year. The framework aims to enhance transparency and regulatory oversight of large corporate entities in the Indian capital markets.

Company Profile

DHP India Limited, incorporated in 1991, operates with its registered office located at 7B Shreelekha, 7th Floor, 42A Park Street, Kolkata. The company holds ISO 9001, ISO 14001, and ISO 45001 certifications, demonstrating its commitment to quality, environmental management, and occupational health and safety standards.

DHP India Limited has submitted a confirmation certificate to the Bombay Stock Exchange (BSE) regarding compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The submission, dated April 7, 2026, demonstrates the company's adherence to dematerialization requirements and regulatory obligations.

Certificate Submission Details

The certificate was issued by Niche Technologies Private Limited, the company's Registrar and Share Transfer Agent (RTA), and confirms compliance with SEBI's dematerialization framework. The document was submitted under BSE securities code 531306 and covers the quarter ending March 31, 2026.

Dematerialization Compliance Confirmation

The RTA certificate confirms that all securities received from depository participants for dematerialization during the quarter were properly processed and confirmed to the depositories. The certificate validates that securities comprised in the dematerialization requests have been listed on stock exchanges where the company's earlier issued securities are already listed.

Regulatory Framework and Process

The certificate references SEBI's regulatory framework established through multiple circulars including SEBI letter MRD/DOP2/0W/2019/2498/1 dated January 24, 2019, and corresponding NSDL and CDSL circulars dated January 25, 2019. The RTA confirmed that security certificates received for dematerialization have been mutilated and cancelled after due verification, with depository names substituted in the company's register of members as registered owners.

Company Information

DHP India Limited operates under Corporate Identity Number L65921WB1991PLC051555 with its registered office at 7B Shreelekha, 7th Floor, 42A Park Street, Kolkata 700 016. The company maintains ISO 9001, ISO 14001, and ISO 45001 certifications. The submission was signed by CA Ashok Kumar Singh, Chief Financial Officer, and includes the company's official seal, demonstrating proper authorization and documentation of the regulatory compliance process.