Sahara Housingfina Corporation Limited has formally notified the Bombay Stock Exchange that it does not fall under the category of large corporate as defined by SEBI regulations, making certain fund raising provisions non-applicable to the company.

SEBI Circular Compliance Status

The company has confirmed its non-applicability status regarding SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. This circular specifically addresses fund raising by issuance of debt securities by large corporates and mandates submission of initial disclosure and annual disclosure/confirmation within prescribed due dates.

Official Communication Details

The formal communication was submitted to the Corporate Relations Department of Bombay Stock Exchange Limited on April 15, 2026. The letter was signed by D J Bagchi, who serves as CEO, Company Secretary & Compliance Officer of Sahara Housingfina Corporation Limited.

Regulatory Implications

Since Sahara Housingfina Corporation Limited does not meet the criteria specified in para 2.2 of the SEBI circular for classification as a large corporate, the company is exempt from the following requirements:

• Initial disclosure submissions for debt securities fund raising
• Annual disclosure/confirmation filings
• Compliance with prescribed due dates for such submissions

The company has requested the stock exchange to take this confirmation on record, ensuring proper documentation of its regulatory status for future reference.

Sahara housing fina corporation Limited has issued a formal response to the Bombay Stock Exchange (BSE) regarding an inquiry about recent price movements in the company's shares. The clarification, dated April 09, 2026, addresses concerns raised by the exchange about stock price behavior.

Company's Response to Exchange Inquiry

The company received a communication from BSE with Letter Reference Number L/SURV/ONL/PV/APJ/2026-2027/3534 dated April 08, 2026, seeking clarification on price movement. In response, the housing finance company emphasized its commitment to regulatory compliance and transparency in all disclosures.

Regulatory Compliance Statement

Sahara Housingfina Corporation stated that it has "regularly and diligently reported all the events material, financial or otherwise to the exchange as required by the law and the listing regulations." The company clarified that it currently has no pending events, information, or announcements that may impact the price behavior of its scrip.

The management emphasized that all filings with regulatory bodies are in full compliance:

• ROC (Registrar of Companies) - All statutory filings current
• SEBI (Securities and Exchange Board of India) - Market regulator compliance maintained
• BSE (Bombay Stock Exchange) - Exchange requirements fulfilled
• RBI (Reserve Bank of India) - Banking sector regulations adhered to
• NHB (National Housing Bank) - Housing finance specific compliances met

Management's Position on Price Movement

The company's leadership, through CEO and Company Secretary D J Bagchi, attributed the observed price movement to market dynamics beyond the company's control. The response stated: "The price movement, it seems is a market play of which we are neither a party nor an element."

This statement indicates that the company does not believe internal factors or undisclosed information contributed to the stock price fluctuations that prompted the exchange's inquiry.

Corporate Governance and Transparency

The response highlighted the company's commitment to maintaining transparency and compliance across all regulatory requirements. The management confirmed that all filings demonstrate "completeness and transparency as well as veracity of the statements made" in accordance with applicable laws and regulations.

The company concluded its response by requesting guidance from BSE on any additional steps that might be necessary to address the exchange's concerns, demonstrating a cooperative approach to regulatory oversight.