Ushakiran Finance Limited has informed BSE Limited about the non-applicability of a specific SEBI circular for the quarter ended December 31, 2025. The company clarified that SEBI circular no. SEBI/HO/DDHS/DDHS/CIR/P/2020/231 dated November 13, 2020 does not apply to its operations.

SEBI Circular Non-Applicability

The company submitted a formal communication to BSE on January 19, 2026, stating that it has not issued any Non-Convertible Debt Securities, Non-Convertible Redeemable Preference Shares (NCRPS), Commercial Papers, or any other similar instruments. This makes the SEBI circular regarding such securities non-applicable to the company's operations.

Regulatory Compliance Status

The filing confirms the company's adherence to regulatory disclosure requirements by proactively informing the exchange about the non-applicability of specific regulations. This demonstrates the company's commitment to maintaining transparency with regulatory authorities and stakeholders.

Corporate Information

The communication was digitally signed by Sanjana Jain, Company Secretary, confirming her continued role in ensuring regulatory compliance. The company operates from its headquarters at 405, Raghava Ratna Towers, Chirag Ali lane, Hyderabad-500001, under CIN L65923TG1986PLC006294.

This disclosure reinforces Ushakiran Finance Limited's commitment to maintaining proper regulatory compliance and transparent communication with market participants and regulatory bodies.

In a significant development following the bifurcation of Andhra Pradesh, Ushakiran Finance Limited has seen a transfer of ownership for a portion of its shares. The Andhra Pradesh Industrial Development Corporation Limited (APIDC) has transferred its entire 7.58% shareholding in the company to the Telangana State Industrial Development Corporation Limited (TSIDC).

Key Details of the Transfer

Transfer Context and Implications

This transfer of shares is part of a government-directed reallocation following the bifurcation of Andhra Pradesh into two separate states. It's important to note that this transaction does not involve any commercial aspects or changes in the management control of Ushakiran Finance Limited.

The transfer was executed through the Demat route, which ensures a seamless and electronic transfer of securities. This method is in line with modern corporate practices and regulatory requirements for share transfers.

Key Points to Note

1. No Commercial Transaction: The transfer is purely administrative and does not involve any monetary exchange between the parties.

2. Management Control Unchanged: Despite the change in ownership of this 7.58% stake, there is no alteration in the management control of Ushakiran Finance Limited.

3. Government Initiative: This move is part of the broader reorganization of state-owned assets following the creation of Telangana as a separate state from Andhra Pradesh.

The transfer of shares between state development corporations reflects the ongoing process of asset reallocation between Andhra Pradesh and Telangana. It underscores the complex administrative tasks involved in state bifurcation, particularly concerning the division of government-held corporate assets.

Investors and stakeholders of Ushakiran Finance Limited should note that while this transfer represents a change in the identity of one of its significant shareholders, the overall shareholding structure and operational aspects of the company remain unaffected by this transaction.