Hemisphere Properties India Ltd

📋 Hemisphere Properties India Declares Non-Applicability of SEBI's Large Corporate Framework

- Hemisphere Properties India Limited (HPIL) submitted a declaration to BSE and NSE regarding non-applicability of SEBI's Large Corporate Framework.

- The company stated it does not qualify as a 'Large Corporate' for the period ended March 31, 2026, as per SEBI circulars dated November 26, 2018, and October 19, 2023.

- Outstanding borrowings as of March 31, 2026, were reported as Rs. 2.26 crore.

- HPIL indicated that credit rating and stock exchange details for potential fine payment are not applicable, as it is not classified as a Large Corporate.