GHUSHINE FINTRRADE OCEAN LIMITED has officially informed the Bombay Stock Exchange (BSE) that it does not qualify as a Large Corporate under SEBI regulations as on March 31, 2026. The notification was submitted on April 17, 2026, ensuring compliance with regulatory disclosure requirements.

Regulatory Compliance Status

The company's notification specifically addresses SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, which governs fund raising by issuance of debt securities by large entities. GHUSHINE FINTRRADE OCEAN LIMITED has confirmed that it does not meet the criteria outlined in this circular's framework for large corporate classification.

Company Information

The notification was signed by Bhagirath Radhakrishna Vaishnav, who serves as the Company Secretary and Compliance Officer with membership number ACS 57369. The document was digitally signed and submitted from the company's Surat office.

Regulatory Framework

The SEBI circular in question establishes specific criteria for determining large corporate status and mandates particular compliance requirements for entities that qualify under this category. By confirming its non-large corporate status, GHUSHINE FINTRRADE OCEAN LIMITED clarifies that these specific debt securities regulations do not apply to its operations.

This disclosure ensures transparency with stakeholders and maintains proper regulatory compliance as required under BSE listing regulations. The company has requested BSE to take this information on record for future reference.

Ghushine Fintrrade Ocean Limited has notified the Bombay Stock Exchange (BSE) about its exemption from certain SEBI compliance requirements under the Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. The company's notification, dated 17th April, 2026, specifically addresses the non-applicability of Regulation 24A and related corporate governance provisions.

Regulatory Exemption Details

The exemption is granted under Regulation 15(2) of SEBI LODR 2015, which provides relief to smaller listed entities from various corporate governance compliance requirements. According to the regulation, companies meeting specific criteria are exempt from complying with Regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 27, and certain clauses of Regulation 46, along with specific paragraphs of Schedule V.

Company Qualification and Impact

Ghushine Fintrrade Ocean Limited, with its registered office located at Ground Floor-27, Aagam Cross Road, AC Market Opposite, Star Galaxy Near Shrunagar Residency, Vesu Abhava Road, Surat-395007, falls within the scope of the aforementioned exemption criteria. The company operates under CIN L65910GJ1995PLC025823 and trades on BSE with equity script code 539864.

As a direct consequence of this exemption status, the company is not required to submit its Annual Secretarial Compliance Report for the year ended 31st March 2026. This represents a significant compliance relief for the organization, reducing its regulatory reporting burden.

Corporate Communication

The notification was signed by Bhagirath Radhakrishna Vaishnav, who serves as the Company Secretary and Compliance Officer with membership number ACS 57369. The communication was digitally signed and submitted to BSE management for official record-keeping purposes, ensuring proper documentation of the company's exemption status under current SEBI regulations.