Vapi Enterprise Ltd has formally notified BSE Limited that it does not fall under the category of "Large Corporate" as defined by SEBI regulations, making certain fund raising requirements non-applicable to the company.

Regulatory Compliance Confirmation

The company submitted an official communication to BSE on April 7, 2026, confirming its non-applicability status under SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. This circular specifically addresses fund raising regulations for large entities through debt securities issuance.

Corporate Structure and Leadership

Vapi Enterprise Ltd, formerly known as Vapi Paper Mills Ltd, operates from its registered office at 213 Udyog Mandir, Pitamber Lane, Mahim (West), Mumbai 400016. The company secretary Riddhi Harsh Desai, holding membership number A61493, digitally signed the compliance confirmation document.

SEBI Large Corporate Classification

The SEBI circular in question establishes specific criteria for determining "Large Corporate" status, which triggers additional regulatory requirements for debt securities fund raising. Companies that do not meet these criteria are exempt from certain compliance obligations outlined in the regulation.

Market Communication

The formal notification serves as an important disclosure to stakeholders and regulatory authorities, ensuring transparency regarding the company's regulatory status. This confirmation allows Vapi Enterprise Ltd to operate under the standard regulatory framework rather than the enhanced requirements applicable to large corporate entities.

Vapi Enterprise Ltd. has filed its quarterly compliance certificate with BSE Limited under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The regulatory filing demonstrates the company's adherence to mandatory compliance requirements for listed entities.

Regulatory Compliance Filing

The certificate was submitted on April 7, 2026, by Company Secretary Riddhi Harsh Desai to BSE Limited's Department of Corporate Services. The filing pertains to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, which mandates quarterly compliance reporting for dematerialization processes.

Registrar Confirmation

Bigshare Services Private Limited, serving as the company's Registrar and Share Transfer Agents, issued the compliance certificate dated April 6, 2026. The certificate was signed by Akash Shamal, Authorised Signatory of Bigshare Services.

The registrar confirmed that all securities received from depository participants for dematerialization up to March 31, 2026, were properly processed and confirmed to the depositories. The certificate validates that all dematerialized securities have been listed on the stock exchange where the company's earlier issued securities are traded.

Dematerialization Process Compliance

The compliance certificate confirms adherence to prescribed dematerialization procedures during the quarter. Key compliance aspects include:

• Securities received for dematerialization were confirmed (accepted/rejected) to depositories
• Security certificates were mutilated and cancelled after due verification by depository participants
• Depository names were substituted in the register of members as registered owners
• All processes were completed within the mandated 15-day timeframe from receipt of security certificates

Company Information

Vapi Enterprise Ltd., formerly known as Vapi Paper Mills Ltd., operates from its registered office at 213 Udyog Mandir, Pitamber Lane, Mahim (West), Mumbai 400016. The company maintains its corporate website at www.vapienterprise.com and holds CIN number L21010MH1974PLC032457.

The quarterly compliance filing represents part of the company's ongoing regulatory obligations as a BSE-listed entity, ensuring transparency in share transfer and dematerialization processes for investor protection.