ISF Limited has formally disclosed to BSE Limited that it does not fall under the Large Corporate (LC) category as defined by SEBI's circular dated November 26, 2018. The disclosure, made on April 13, 2026, clarifies the company's exemption from specific regulatory requirements for the Financial Year 2026-27.

SEBI Large Corporate Framework

The SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 establishes a framework for fund raising through issuance of debt securities by Large Corporates. This regulation requires qualifying companies to meet specific disclosure obligations to enhance transparency in debt market operations.

Company's Regulatory Status

ISF Limited has confirmed that it does not meet the criteria to be classified as a Large Corporate under the SEBI framework. The company's assessment is based on the applicability criteria outlined in the November 2018 circular.

Exemption from Disclosure Requirements

Due to its non-LC status, ISF Limited is exempt from filing mandatory disclosures for Financial Year 2026-27. The exemption covers:

• Initial disclosure requirements under Annexure A
• Annual disclosure requirements under Annexure B1
• Additional annual disclosure requirements under Annexure B2

The company has requested BSE to take this confirmation on record, ensuring compliance with regulatory communication requirements while clarifying its exemption status.

Corporate Information

This disclosure ensures transparency regarding ISF Limited's regulatory obligations and confirms its compliance status under current SEBI guidelines for debt securities issuance by large entities.

ISF Limited has formally notified BSE Limited of its exemption from certain corporate governance provisions under SEBI regulations. The company submitted a compliance notification dated April 10, 2026, regarding the non-applicability of Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Exemption Details

The exemption is granted under Regulation 15(2) of SEBI LODR Regulations, 2015, which provides relief to smaller listed entities from specific corporate governance requirements. According to this provision, companies with paid-up equity share capital not exceeding INR 10 crore and net worth not exceeding INR 25 crore are exempt from compliance with regulations 17 through 27, including Regulation 24A.

Company's Financial Position

ISF Limited's financial metrics as per the last audited financial statement dated March 31, 2025, demonstrate its qualification for the exemption:

Both parameters fall below the specified regulatory thresholds, confirming the company's eligibility for exemption from Regulation 24A compliance.

Impact on Compliance Requirements

As a result of this exemption, ISF Limited is not required to submit the Annual Secretarial Compliance Report mandated under Regulation 24A of SEBI LODR Regulations, 2015. This represents a significant reduction in regulatory compliance burden for the company.

Future Compliance Commitment

The company has provided an undertaking to BSE that it will ensure compliance with Regulation 24A within six months if the provision becomes applicable at a later date. This would occur if the company's paid-up capital or net worth exceeds the specified thresholds in future financial years.

The notification was signed by Anjali Raj, Company Secretary and Compliance Officer, and submitted to BSE Limited for official record. ISF Limited trades on BSE under scrip code 526859.