Company says no debt securities issued since 1991, escrow payment mechanism return not applicable
Shree Karthik Papers has written to BSE confirming that it has not issued any debt securities since 1991 onwards.
By ScoutQuest · · 1 min read
- Debt securities issued
- has not issued any debt securities since 1991 onwards
- Quarter referenced
- quarter ended 30 September 2026
- SEBI circular referenced
- SEBI's circular dated November 13, 2019
What the company told the exchange
Shree Karthik Papers Ltd has written to BSE stating that it has not issued any debt securities since 1991 onwards. Because of this, the company says the question of update an escrow payment mechanism return does not arise for the quarter ended 30 September 2026. It has asked the exchange to take this on record.
The letter is marked under Regulation 30A of the LODR rules and refers to SEBI's circular dated November 13, 2019 issued under the SEBI (Issue and Listing of Municipal Debt Securities) Regulations.
What the escrow payment mechanism refers to
- It is a requirement tied to companies that have issued listed debt securities, where payment obligations are routed and reported through an escrow arrangement.
- A periodic return on that arrangement is shared with the exchange for each quarter.
- The company's stated position is that since it has not issued any debt securities, this return does not apply to it for the quarter ended 30 September 2026.
How to read this as an investor
- This is a compliance letter, not a business, order or earnings announcement.
- It does not involve any money being raised, borrowed, repaid or transferred. The letter only records that no debt securities were issued.
- It does not change the company's share capital, and it is not a disclosure about buying or selling of shares by anyone.
The takeaway
A short, routine quarterly confirmation that a particular debt-related reporting requirement does not apply to the company. For a retail reader, the practical information is simply that the company states it has no debt securities in issue, so there is no escrow-related return for this quarter.
Also from Shree Karthik Papers
Company tells BSE it is not a group of listed companies for the September 2026 quarter
17 Oct 2026
No non-convertible debt securities issued; debt-segment compliance officer appointment not applicable
17 Oct 2026
Promoters confirm no encumbrance on their 74.52% holding in September quarter
17 Oct 2026
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