With reference to the SEBI circular , this is confirmed that Garnet Construction Limited is not a Large Corporate as on March 31, 2026 as per the framework provided under aforesaid SEBI Circular
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Garnet Construction Limited has filed a confirmation with BSE stating that it does not qualify as a 'Large Corporate' as of March 31, 2026, under SEBI's framework for fund raising through debt securities. This is a routine compliance filing required under SEBI Circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/049 dated March 31, 2026. The company, listed on BSE with scrip code 526727, falls below the thresholds that would classify it as a Large Corporate, which would trigger additional disclosure and reporting obligations. The confirmation has been signed by Company Secretary & Compliance Officer Neha Verma and will be published on the company's website.
This filing has no direct impact on shareholders or stock price as it simply confirms the company's regulatory status. It indicates Garnet Construction is a smaller entity outside the enhanced compliance requirements applicable to Large Corporates under SEBI's debt issuance framework.