Prime Fresh Limited has officially communicated to BSE Limited regarding the non-applicability of specific SEBI regulatory requirements related to debt securities issuance. The company clarified its position through a formal disclosure dated April 6, 2026, addressing compliance obligations under existing market regulations.

SEBI Circular Classification

The communication specifically references SEBI circular no. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, which pertains to fund raising through issuance of debt securities by large entities. Prime Fresh Limited has determined that it does not qualify as a "Large Corporate (LC)" under the framework and applicability criteria outlined in the aforementioned circular.

Regulatory Compliance Impact

As a result of not meeting the Large Corporate criteria, Prime Fresh Limited is exempt from the disclosure requirements specified under Para No-4 of the SEBI circular. This exemption means the company is not obligated to comply with certain reporting and disclosure norms that apply specifically to large entities seeking to raise funds through debt securities.

The notification was formally submitted to BSE Limited's listing department, addressed to the Manager, Listing at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai. The company has requested BSE to acknowledge receipt of this communication and find the disclosure in order.

Corporate Authorization

The disclosure was digitally signed and authorized by Jasmin Doshi, Company Secretary of Prime Fresh Limited. The digital signature includes comprehensive authentication details and was executed on April 6, 2026, at 11:27:53 +05'30'. The communication also bears the official circular stamp of Prime Fresh Limited, Ahmedabad, providing additional authentication to the regulatory filing.

Prime Fresh Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulation, 2018 for the quarter ended March 31, 2026. The certificate was filed with BSE Limited on April 4, 2026, as part of the company's regulatory obligations.

Regulatory Compliance Certificate

The certificate was issued by Bigshare Services Private Limited, which serves as the Registrar and Share Transfer Agent for Prime Fresh Limited. The document confirms compliance with SEBI's quarterly reporting requirements for depository activities.

Certificate Confirmation

Bigshare Services Private Limited confirmed in their certificate dated April 3, 2026, that no securities were received from depository participants for dematerialization up to March 31, 2026. The registrar stated that since there were no securities for dematerialization, no certificates were mutilated and cancelled, and consequently, there was no substitution of the name of depositories in the register of members as registered owner within the stipulated 15-day period.

Corporate Governance

The filing was signed by Jasmin Doshi, Company Secretary of Prime Fresh Limited, demonstrating the company's commitment to maintaining proper corporate governance standards. The certificate from Bigshare Services was authorized by Akash Shamal as the authorized signatory.

Regulatory Framework

This quarterly certificate submission is mandated under SEBI (Depositories and Participants) Regulation, 2018, which requires companies to report on their dematerialization activities through their registrar and share transfer agents. The regulation ensures transparency in the handling of securities and maintains investor confidence in the depository system.