Sungold Media Submits Official Undertaking on SEBI Large Corporate Exemption
Sungold Media and Entertainment Limited has formally submitted an undertaking to BSE Limited confirming its exemption from SEBI's Large Corporate Entity requirements under circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. The official communication, digitally signed by Company Secretary Bhavya Devang Maniyar on April 10, 2026, states that the company does not meet the Large Corporate criteria and is therefore not required to submit disclosures related to fund raising through debt securities.

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Sungold Media & Entertainment Limited has submitted an official undertaking to BSE Limited confirming its exemption from SEBI's Large Corporate Entity requirements. The company formally communicated its non-applicability status through a detailed undertaking dated April 10, 2026.
Official Undertaking to BSE
The company submitted a comprehensive undertaking to the Listing Department of BSE Limited, clearly stating that it does not fall under the Large Corporate criteria as defined under SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. This circular specifically addresses "Fund raising by issuance of Debt Securities by Large Entities" and establishes mandatory disclosure requirements for qualifying companies.
| Parameter: | Details |
|---|---|
| SEBI Circular Reference: | SEBI/HO/DDHS/CIR/P/2018/144 |
| Circular Date: | November 26, 2018 |
| Communication Date: | April 10, 2026 |
| Script Code: | 541799 |
| Recipient: | BSE Limited, Listing Department |
Regulatory Compliance Confirmation
In the formal communication addressed to BSE Limited's Listing Department at Phiroze Jejeebhoy Towers, Mumbai, the company explicitly stated that it is not required to submit disclosures mentioned in the said circular due to its non-qualification as a Large Corporate Entity. This exemption relieves the company from specific filing obligations under the SEBI framework.
Authorization and Digital Signature
The official undertaking was authorized and digitally signed by Bhavya Devang Maniyar, Company Secretary and Compliance Officer, holding membership number A62856. The digital signature was applied on April 10, 2026, at 15:47:52 +05'30', ensuring the document's authenticity and legal validity.
| Authorization Details: | Information |
|---|---|
| Signatory: | Bhavya Devang Maniyar |
| Designation: | Company Secretary and Compliance Officer |
| Membership Number: | A62856 |
| Digital Signature Time: | 2026.04.10 15:47:52 +05'30' |
The communication concluded with a request to BSE Limited to acknowledge receipt of the undertaking and maintain it on record, ensuring proper documentation of the company's compliance status for the upcoming financial year.
Historical Stock Returns for Sungold Media & Entertainment
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.98% | -4.98% | -4.98% | +37.50% | -0.95% | +108.76% |
What factors could potentially cause Sungold Media & Entertainment to qualify as a Large Corporate Entity in future financial years?
How might changes in SEBI's Large Corporate Entity criteria impact smaller entertainment companies like Sungold in the coming years?
Will Sungold Media & Entertainment's exemption status affect its ability to raise debt capital or access institutional funding?


































