Announced Fri, 3 Apr · 18:24 IST
Advik Capital confirms it is not a Large Corporate; SEBI LC disclosure norms inapplicable
Compliance View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-4.4%1-day move
₹1.80
prior close
₹1.82
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.5+2.7+1.6+2.2-4.4-2.2-3.3-2.2-3.9-1.1-11.1-15.6-25.6-29.4
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AI summary
Advik Capital Ltd has informed BSE that it does not qualify as a 'Large Corporate' under SEBI circulars dated Nov 26, 2018 and Oct 19, 2023, which govern fund raising via debt securities by Large Corporates. As a result, the related disclosure and compliance requirements for Large Corporates do not apply to the company. The letter is signed by Whole-time Director Narendra Kumar Singhal.
Likely market impact
No material impact on shareholders; routine compliance filing confirming the company falls outside Large Corporate norms.