Saraswati commercial (India) Limited has formally disclosed to BSE Limited that it does not qualify as a "Large Corporate" under the SEBI regulatory framework for debt securities issuance. The company submitted this mandatory disclosure on April 8, 2026, in compliance with SEBI Circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023.

Regulatory Compliance Framework

The disclosure was made in reference to SEBI's framework for fund raising by issuance of debt securities by large entities, as outlined in Chapter XII of SEBI Operational Circular No. SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021 (updated as on April 13, 2022). Under this framework, companies meeting specific criteria are classified as "Large Corporates" and must comply with mandatory borrowing requirements through debt securities markets.

Company's Financial Position

As per the official disclosure submitted to BSE, Saraswati Commercial (India) Limited confirmed that for the financial year ended March 31, 2026, the company does not fulfill any of the criteria of "Large Corporate" as provided in the SEBI Circular:

Official Communication Details

The company's official communication to BSE was comprehensive, referencing multiple regulatory circulars and confirming exemption from annual disclosure requirements. The disclosure specifically mentioned that the Annual Disclosure as per the framework provided in format Annex XII-B2 is not applicable to the company for the financial year ended March 31, 2026.

Management Authorization

The disclosure was duly authorized and digitally signed by key management personnel on April 8, 2026:

The company maintains its registered office at 209-210, Arcadia Building, 2nd Floor, 195, Nariman Point, Mumbai-400021, and operates under CIN: L51909MH1983PLC166605. This disclosure ensures full compliance with SEBI's regulatory requirements for transparency in corporate borrowing frameworks.

Saraswati Commercial (India) Limited has submitted its quarterly compliance certificate to BSE Limited for the quarter ended March 31, 2026, in accordance with regulatory requirements. The filing, dated April 6, 2026, demonstrates the company's adherence to mandatory disclosure norms under SEBI regulations.

Regulatory Compliance Filing

The certificate was filed under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, which mandates quarterly reporting of securities dematerialization activities. Company Secretary and Compliance Officer Avani Sanghavi submitted the documentation to BSE's Corporate Relationship Department on behalf of the company.

Registrar Confirmation

MUFG Intime India Private Limited, formerly Link Intime India Private Limited, serves as the company's registrar and share transfer agent. The registrar issued the compliance certificate confirming that all required details of securities dematerialized during the quarter have been properly furnished to the depositories and stock exchanges.

Damodar Kambli, Assistant Vice President at MUFG Intime India Private Limited, signed the certificate on behalf of the registrar. The confirmation ensures that the company has met its obligations regarding the reporting of dematerialized securities transactions during the specified quarter.

Corporate Information

Saraswati Commercial (India) Limited operates from its registered office at Arcadia Building, Nariman Point, Mumbai. The company maintains its compliance framework through designated officers and external service providers to ensure adherence to regulatory requirements.

The quarterly filing represents part of the company's ongoing regulatory compliance activities, ensuring transparency in securities transactions and maintaining good standing with market regulators and stock exchanges.