Company says Escrow Payment Mechanism requirement does not apply to it, asks BSE to take it on record

Vinyoflex Ltd has told BSE that the Escrow Payment Mechanism requirement is not applicable to it.

Tue 6 Oct 2026

What the company told the exchange

Vinyoflex Limited has written to BSE stating that the requirement for submission of the Escrow Payment Mechanism is not applicable to the listed entity. In the company's words, it "has not issued / does not have any instruments or arrangements for which the said mechanism is applicable under the relevant SEBI Regulations." On that basis, the company states that no disclosure or submission is required in this respect, and it has requested the exchange to take this clarification on record.

What this letter refers to

The submission is made with reference to Para 4 of the continuous disclosures and compliances required of listed entities under the SEBI (Issue and Listing of Municipal Debt Securities) Regulations, in terms of a SEBI circular dated November 13, 2019.

• The letter is a clarification about whether a specific SEBI requirement applies to the company.
• The company states that this mechanism covers entities having instruments or arrangements of the kind the regulations refer to.
• The company states that it has not issued, and does not have, any such instruments or arrangements.
• The company has asked BSE to take this clarification on record.

How to read this

This is a routine compliance communication. It is a statement of non-applicability of a particular requirement, and it is signed by the company's Managing Director, Vinodkumar Khimji Tilva.

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