We, Adeshwar Meditex Limited confirm that our company does not fall under the criteria for Large Corporate (LC) as per the applicability criteria mentioned in SEBI Circular (SEBI/HO/DDHS/CIR/P/2018/144) ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Adeshwar Meditex Limited has informed BSE that it does not qualify as a 'Large Corporate' under the SEBI Circular dated 26 November 2018. This circular applies to companies whose outstanding borrowings exceed certain thresholds, requiring them to follow additional fundraising and disclosure norms. By filing this confirmation, the company is declaring that its borrowings fall below the prescribed limits. The letter was signed on May 7, 2025 by Krishnojirao Nagaraja Rao, Director and Promoter.
This is a routine regulatory clarification with no direct impact on shareholders or stock price. It simply means the company is small enough to be exempt from extra disclosure and funding requirements meant for larger listed entities.