Declaration With Respect To Non-Applicability of "Large Corporate Framework"
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Aadi Industries Ltd has informed BSE that it does not qualify as a 'Large Corporate' under SEBI's Operational Circular SEBI/HO/DDHS/P/CIR/2021/613 dated August 10, 2021, for the financial year 2025-26. The Large Corporate Framework applies to companies exceeding certain borrowing thresholds and requires them to raise a minimum portion of incremental borrowings through debt securities. By declaring non-applicability, the company confirms its borrowings are below the prescribed threshold. The declaration has been signed by Rushabh Shah, Managing Director, on April 15, 2025.
This is a routine compliance filing with no material impact on shareholders or stock price. It simply confirms that the company is below the SEBI-mandated large corporate threshold for FY 2025-26 and therefore has no obligation to issue a minimum share of its borrowings as listed debt securities.