Libord Finance Limited Confirms Non-Applicability of Large Entity Disclosure Requirements

1 min read     Updated on 03 Apr 2026, 06:50 PM
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AI Summary

Libord Finance Limited has notified BSE that it does not qualify as a Large Corporate under SEBI Circular SEBI/HO/DDHS/P/CIR/2021/613, exempting it from specific disclosure requirements for debt securities issuance. The formal intimation was submitted on April 03, 2026, by Company Secretary Mohini Bhavsar to BSE's Department of Corporate Services. This classification clarifies the company's regulatory obligations under the Large Corporate framework for fund raising through debt securities.

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Libord Finance Limited has officially communicated to BSE Limited that it does not fall under the Large Corporate category as defined by SEBI's regulatory framework. The company submitted this formal intimation on April 03, 2026, to clarify its classification status under current securities regulations.

Regulatory Framework Reference

The notification specifically references SEBI Circular SEBI/HO/DDHS/P/CIR/2021/613, which was updated on April 13, 2022. This circular pertains to fund raising by issuance of debt securities by Large Corporates and the associated disclosure and compliance requirements for such entities.

Parameter: Details
Reference Date: April 03, 2026
SEBI Circular: SEBI/HO/DDHS/P/CIR/2021/613
Last Update: April 13, 2022
BSE Reference: 511593 (LIBORDFIN)

Compliance Implications

By confirming its non-classification as a Large Corporate, Libord Finance Limited is exempt from the specific disclosure and compliance requirements that apply to entities falling under the Large Corporate framework. This classification affects the company's obligations regarding debt securities issuance and related regulatory disclosures.

Official Communication

The intimation was addressed to BSE Limited's Department of Corporate Services at Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai. Company Secretary and Compliance Officer Mohini Bhavsar signed the communication, which was digitally authenticated and submitted for official records.

Corporate Details: Information
Company: Libord Finance Limited
CIN: L65990MH1994PLC077482
Address: 104, M.K.Bhawan, 300, Shahid Bhagat Singh Road, Fort, Mumbai - 400001
Signatory: Mohini Bhavsar, Company Secretary & Compliance Officer

This formal notification ensures regulatory compliance and provides clarity to stakeholders regarding the company's classification status under SEBI's Large Corporate framework for debt securities regulations.

Historical Stock Returns for Libord Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-4.44%-0.64%-6.49%+1.86%+14.48%+183.33%

What are Libord Finance's future debt fundraising plans now that it's confirmed exempt from Large Corporate disclosure requirements?

Could this classification change if Libord Finance experiences significant growth in assets or revenue over the next few years?

How might this regulatory exemption impact Libord Finance's competitive positioning against larger financial institutions in the debt market?

Libord Finance Limited Appoints Ms. Mohini Devanand Bhavsar as Company Secretary and Compliance Officer

1 min read     Updated on 23 Jan 2026, 04:22 PM
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Libord Finance Limited has appointed Ms. Mohini Devanand Bhavsar as Company Secretary and Compliance Officer effective January 23, 2026. Ms. Bhavsar, an Associate Member of the Institute of Company Secretaries of India (ACS 79405), brings extensive experience in corporate laws and compliances. The appointment was made pursuant to Section 203 of the Companies Act, 2013 and relevant SEBI regulations, with proper disclosure made to BSE Limited under Regulation 30 requirements.

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Libord Finance Limited has announced the appointment of Ms. Mohini Devanand Bhavsar as Company Secretary and Compliance Officer, effective January 23, 2026. The appointment was disclosed to BSE Limited under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

The company has appointed Ms. Bhavsar pursuant to Section 203 of the Companies Act, 2013 and Regulation 6(1) of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015. The disclosure was made in compliance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Parameter: Details
Name: Ms. Mohini Devanand Bhavsar
Membership Number: ACS 79405
Appointment Date: January 23, 2026
Position: Company Secretary and Compliance Officer
Term of Appointment: Not specified

Professional Background

Ms. Mohini Devanand Bhavsar is an Associate Member of the Institute of Company Secretaries of India with membership number ACS 79405. According to the company's disclosure, she brings rich experience in corporate laws and compliances to her new role at Libord Finance Limited.

Regulatory Compliance

The appointment disclosure was made in accordance with multiple regulatory requirements including Schedule III – Para A (7) of Part A of the SEBI (LODR) Regulations, 2015. The company has fulfilled all necessary disclosure obligations under the applicable securities regulations.

The announcement was signed by Dr. Vandna Dangi, Managing Director of Libord Finance Limited, and communicated to the Department of Corporate Services at BSE Limited on January 23, 2026.

Historical Stock Returns for Libord Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-4.44%-0.64%-6.49%+1.86%+14.48%+183.33%

More News on Libord Finance

1 Year Returns:+14.48%