<b>Format of Initial Disclosure to be made by an entity identified as a Large Corporate.</b><br/><br/> <table border=''1px''><tr> <td><b>Sr. No.</b></td> <td><b>Particulars</b></td> <td><b>Details</b></td> ....
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Awaiting price reaction for this filing.
Aravali Securities & Finance Ltd has informed the stock exchanges that it does not qualify as a 'Large Corporate' under the SEBI Circular dated November 26, 2018, which deals with fund raising through debt securities by large entities. The company has filed this confirmation as required under the BSE Circular dated April 11, 2019. This is a routine annual compliance filing and not a financial or strategic announcement. The company's CIN is L67120HR1980PLC039125, indicating it is an NBFC registered in Haryana.
No material impact on shareholders or stock price. This is a routine regulatory disclosure confirming the company is below the size threshold for large-corporate debt issuance norms, meaning no obligation to raise funds through bonds or debt securities.