Hemisphere Properties India Limited has officially confirmed its status regarding the Large Corporate framework for the period ended March 31, 2026. Following a thorough review of its financial position, the company has declared that it does not meet the necessary criteria to be classified as a Large Corporate, as its outstanding borrowings as of that date remain at ₹26.00 crore, well below the thresholds defined by the regulatory framework.
Company Status Clarification
As of March 31, 2026, Hemisphere Properties India Limited has evaluated its corporate standing in accordance with established financial guidelines. The company has formally notified stakeholders that it does not fall under the category of a Large Corporate entity. This determination ensures that the firm remains exempt from the specific disclosure and compliance mandates tailored exclusively for larger, highly leveraged corporate bodies.
Financial Overview
The company provided a clear breakdown of its current financial obligations to support this determination. As of the end of the fiscal year, the total outstanding borrowing of the company stood at ₹26.00 crore. Due to the nature of these debt levels, key requirements such as specific credit ratings and mandatory declarations regarding borrowing shortfalls are listed as Not Applicable for the firm.
Source: BSE
