ISF Limited Confirms Non-applicability of SEBI Large Corporate Framework for FY26
ISF Limited has disclosed to BSE that it does not qualify as a Large Corporate under SEBI's November 26, 2018 circular regarding debt securities fund raising. The company confirmed on April 10, 2026, that it is exempt from filing initial and annual disclosure requirements under Annexures A, B1, and B2 for Financial Year 2025-26. This exemption is based on the company not meeting the Large Corporate criteria established in SEBI circular SEBI/HO/DDHS/CIR/P/2018/144.

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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 10, 2026, clarifies the company's exemption from specific regulatory requirements for the Financial Year 2025-26.
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.
| Parameter | Status |
|---|---|
| Large Corporate Classification | Not Applicable |
| SEBI Circular Reference | SEBI/HO/DDHS/CIR/P/2018/144 |
| Financial Year | 2025-26 |
| Disclosure Date | April 10, 2026 |
Exemption from Disclosure Requirements
Due to its non-LC status, ISF Limited is exempt from filing mandatory disclosures for Financial Year 2025-26. 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
| Detail | Information |
|---|---|
| Company Secretary | Anjali Raj |
| Membership Number | A77251 |
| BSE Scrip Code | 526859 |
| CIN | L74899DL1988PLC076648 |
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.
Historical Stock Returns for ISF
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.10% | +11.11% | 0.0% | -10.00% | -54.55% | -11.76% |
What factors could cause ISF Limited to qualify as a Large Corporate in future financial years?
How might ISF Limited's exemption from disclosure requirements affect investor confidence in its debt securities?
Will SEBI consider revising the Large Corporate classification criteria that could impact companies like ISF Limited?





























