John cockerill India Limited has officially confirmed to BSE Limited that it does not meet the Large Corporate criteria as on December 31, 2025. The confirmation was made through a formal disclosure filed on January 23, 2026, under security code 500147.

Regulatory Compliance Disclosure

The company's notification was made pursuant to several SEBI circulars that govern fund raising activities through debt securities issuance by large entities. The disclosure specifically references three key regulatory documents that establish the framework for Large Corporate disclosure requirements.

Corporate Structure and Leadership

The disclosure was signed by Nidhi Salampuria, who serves as Company Secretary and Compliance Officer with membership number FCS 10448. The document was digitally signed on January 23, 2026, demonstrating the company's adherence to modern compliance practices.

Business Operations Framework

John Cockerill India Limited operates from multiple locations across Maharashtra. The company maintains its registered office at Aurum Q2 IT Parc in Navi Mumbai, while conducting manufacturing operations through workshops in the MIDC industrial areas of Raigad district.

This regulatory confirmation ensures transparency in the company's compliance status and provides clarity to stakeholders regarding its current classification under SEBI's Large Corporate framework. The disclosure maintains the company's commitment to regulatory adherence and transparent communication with market participants.

John Cockerill India has received significant financial relief with the approval of a payment extension from its parent company. The Indian subsidiary has been granted additional time to fulfill a substantial financial obligation to John Cockerill SA.

Payment Extension Details

The company has secured approval for delaying a €5 million payment obligation until March 31, 2026. This extension represents a significant development in the company's financial management strategy.

Financial Implications

This payment extension provides John Cockerill India with enhanced financial flexibility and improved cash flow management capabilities. The additional time allows the company to better align its payment obligations with its operational cash generation and strategic business priorities.

Corporate Support

The approval from John Cockerill SA demonstrates the parent company's continued confidence in and support for its Indian operations. This extension reflects a collaborative approach to financial management within the group structure, enabling the Indian subsidiary to optimize its financial planning and resource allocation strategies.